Quote:
Financial Review:
Alberta Cancer Foundation is one of Canada's Major 100 charities with F2015 donations of $22.2m. Total overhead costs are 49% exceeding Ci's reasonable range. The average for total overhead costs for Canadian charities is 26%. ACF has funding reserves of $154.6m, including $38m in donor-endowed funds. Excluding donor-endowed funds, funding reserves can cover annual program costs 6.6 times, up from 3.7 times in F2013.
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https://charityintelligence.ca/chari...cer-foundation
Alberta Cancer Foundation runs the ride to conquer cancer in alberta
Compared to a fundraising organization like the United way at 11% or the Canadian average at 26%
Though it's better then the home lotteries which are like 80% overhead/prizes