Tim Hortons Foundation Camps
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
A+
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Fair
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
80%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 80 cents are available for programs.
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OVERVIEW
About Tim Hortons Foundation Camps:
Tim Hortons Foundation Camps is a financially transparent 3-star charity. It has an above average results reporting grade and its overhead costs are inside Ci’s reasonable range for overhead spending. Ci has given this charity a Fair rating for demonstrated impact.
Founded in 1974, Tim Hortons Foundation Camps (THFC) runs camps for low-income youth. Participants engage in traditional camp activities and develop life skills while at camp. The charity runs six camps in Canada and one in the United States. THFC states that 15.6% of youth in Canada and 12.2% of youth in the United States are living in poverty. It also states that youth from low-income backgrounds are two to three times more likely to experience mental health challenges.
Tim Hortons Foundation Camps runs two main programs: Year-Round Program and Summer Program. Charity Intelligence estimates THFC spent $19.1m on its programs in its fiscal year ending October 2024 (F2024).
The Year-Round Program received 63% of program spending in F2024. THFC runs camps from September to May. It hosts schools and community organizations from low-income neighbourhoods. The charity had a total of 7,275 campers in F2024. The total cost per year-round camper, including amortization, was $2,481.
The Summer Program received 36% of program spending in F2024. THFC runs summer camps from June to August for youth ages 11 to 16. The camp sessions last eight days and youth can come back the next summer where camp activities increase in difficulty. The charity had a total of 1,924 campers in F2024. The total cost per summer camper, including amortization, was $5,361.
THFC launched the In-Community Program in September 2024 (1% of program spending). This program serves schools and community groups from low-income neighbourhoods. It offers similar activities to its summer camps to build leadership and skills for grade 5 and 6 students.
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Results and Impact
Tim Hortons Foundation Camps measures program quality by how safe, supportive, interactive, and engaging its programs are. THFC reports that its Year-round Program quality was 67% and its Summer Program quality was 78% in 2024.
THFC surveyed its Summer Program and Year-Round Program participants in 2024 after they completed the program. The results are as follows:
98% of summer campers and 90% of year-round campers reported growth in self-confidence.
99% of summer campers and 91% of year-round campers reported growth in caring for others.
99% of summer campers and 95% of year-round campers reported growth in connecting with peers.
THFC also measures the general wellbeing of its summer campers on a scale of 1 to 7. The 2024 scores are as follows.
Before summer camp (May and June): 5.7.
After summer camp (July and August): 5.8.
Mid-year check in (November and December): 5.7.
While Ci highlights these key results, they may not completely represent Tim Hortons Foundation Camp’s results and impact.
Charity Intelligence has given THFC a Fair impact rating based on demonstrated impact per dollar spent.
Impact Rating: Fair
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Finances
Tim Hortons Foundation Camp’s audited financial statements follow activity-based costing, a best practice. This means its expenses are clearly defined between program, administrative, and fundraising categories.
In F2024 THFC received $30.8m in donations and special events fundraising. Smile cookie revenue accounted for $4.9m in donations. 100% of smile cookie profits are donated to local charities including THFC. Restaurant Brands International (RBI) owns Tim Hortons along with other restaurant brands. THFC received $13.1m from RBI restaurant owners in F2024. Camp Day was a large source of funding at $11.5m (36% of total revenues). Camp Day is a special fundraising event that collects revenue from coffee and bracelet sales at Tim Hortons restaurants.
Administrative costs are 8% of revenues (excluding investment income). Fundraising costs are 13% of donations. This results in total overhead spending of 20%. For every dollar donated, 80 cents are available to go to the cause. This falls within Ci’s reasonable range for overhead spending.
In F2024 THFC spent $19.1m on its programs, which is 59% of its revenue. In F2024 it had a surplus of $7.4m, which is 23% of its revenue.
Tim Hortons Foundation Camps has $14.2m in reserve funds (cash and investments). Excluding $149k in donor-endowed funds, the net reserves can cover 73%, or just under nine months of program costs.
This charity report is an update that has been sent for review to Tim Hortons Foundation Camps. Changes and edits may be forthcoming.
Updated on June 4, 2025, by Grady Simpson.
Financial Review
Fiscal year ending October
|
2024 | 2023 | 2022 |
|---|---|---|---|
| Administrative costs as % of revenues | 7.9% | 10.3% | 8.8% |
| Fundraising costs as % of donations | 12.5% | 14.7% | 16.6% |
| Total overhead spending | 20.4% | 25.0% | 25.4% |
| Program cost coverage (%) | 73.3% | 61.2% | 59.8% |
Summary Financial StatementsAll figures in $000s |
2024 | 2023 | 2022 |
|---|---|---|---|
| Donations | 13,947 | 6,094 | 3,737 |
| Government funding | 161 | 82 | 235 |
| Fees for service | 1,026 | 781 | 623 |
| Special events | 16,889 | 16,335 | 14,984 |
| Investment income | (1) | 3 | (7) |
| Other income | 278 | (262) | 390 |
| Total revenues | 32,300 | 23,033 | 19,962 |
| Program costs | 19,118 | 15,661 | 15,355 |
| Administrative costs | 2,536 | 2,360 | 1,763 |
| Fundraising costs | 3,856 | 3,307 | 3,107 |
| Other costs | (580) | (401) | (111) |
| Total spending | 24,930 | 20,927 | 20,114 |
| Cash flow from operations | 7,370 | 2,106 | (152) |
| Capital spending | 2,461 | 1,192 | 3,055 |
| Funding reserves | 14,157 | 9,702 | 9,312 |
Note: Donated goods and services: THFC reports donated goods and services. It is unclear how much of the total is donated goods and how much is donated services. To report consistently across charities, Ci removed this amount from total revenues and expenses. This affected revenues and expenses by ($285k) in F2024, ($323k) in F2023, and ($279k) in F2022. Due from/to RBI: Ci included due from/to RBI. This affected revenues by $1.5m in F2024, ($55k) in F2023, and ($1.3m) in F2022. Foreign exchange gain: THFC included foreign exchange gain in administrative costs. Ci reported it under other revenue. This affected revenues and expenses by $6k in F2024, $6k in F2023, and $131k in F2022. Changes in accounts and pledged donations receivable: Ci adjusted for changes in accounts and pledged donations receivable. This affected revenues by $272k in F2024, ($268k) in F2023, and $259k in F2022. Investment income: Ci included investment income. This affected revenues by ($1k) in F2024, $3k in F2023, and ($7k) in F2022. Gain on disposal of capital assets: Ci excluded gain on disposal of capital assets from expenses. This affected expenses by $50k in F2024, $2.0m in F2023, and $1.2m in F2022.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
1 |
$160k - $200k |
3 |
$120k - $160k |
4 |
$80k - $120k |
2 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2024
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Comments & Contact
Comments added by the Charity:
Charity Contact
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