Hockey Helps the Homeless
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔
FINANCIAL TRANSPARENCY
Most recent Audited financial statements available on the charity’s website.
F
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
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.
56%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 56 cents are available for programs.
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OVERVIEW
About Hockey Helps the Homeless:
Hockey Helps the Homeless is a 1-star charity. It has a below-average results reporting grade of F. For every dollar donated, 56 cents are available to go towards the cause. Its reserve funds can cover almost ten months of annual program costs.
Founded in 1996, Hockey Helps the Homeless (HHH) takes advantage of Canadians’ passion for hockey to raise money for homeless charities. HHH organizes tournaments that connect hockey pros and fans. With the money raised, HHH’s goal is to end homelessness in communities across Canada, which it attempts to achieve through funding and partnering with other local agencies that provide housing support for the homeless.
In fiscal 2024 (year ended June), Hockey Helps the Homeless granted $3.9m to 75 organizations. The largest grants were to Eva’s Initiatives ($220,000), The Mustard Seed ($167,000), and Urban Native Youth Association ($130,000).
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Results and Impact
Ci found that Hockey Helps the Homeless reported many stories but no quantified results. HHH has not yet been rated on impact (n/r).
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Finances
Hockey Helps the Homeless’ financial statements follow line-item costing meaning it does not properly disclose which expenses relate to programming, administrative, and fundraising activities. This is not a best practice.
In F2024, Hockey Helps the Homeless received $594k in donations and $6.6m in special events revenue. Administrative costs are 14% of total revenues and fundraising costs are 30% of total donations. For every dollar donated, 56 cents are available to go towards the cause. This is outside Ci’s reasonable range for overhead spending. In F2024, HHH granted $3.9m, a 68% increase from the $2.3m granted in F2023.
In F2024, HHH had $3.2m in its reserve funds. This can cover almost ten months of annual program costs.
Profile updated on July 8, 2025 by Abby Stout.
Financial Review
Fiscal year ending June
|
2024 | 2023 | 2022 |
|---|---|---|---|
| Administrative costs as % of revenues | 14.1% | 13.6% | 12.8% |
| Fundraising costs as % of donations | 29.6% | 31.4% | 28.4% |
| Total overhead spending | 43.7% | 45.0% | 41.2% |
| Program cost coverage (%) | 81.5% | 131.7% | 67.8% |
Summary Financial StatementsAll figures in $000s |
2024 | 2023 | 2022 |
|---|---|---|---|
| Donations | 594 | 444 | 563 |
| Government funding | 0 | 0 | 46 |
| Special events | 6,643 | 5,717 | 4,119 |
| Total revenues | 7,237 | 6,161 | 4,728 |
| Grants | 3,878 | 2,308 | 3,010 |
| Administrative costs | 1,018 | 838 | 604 |
| Fundraising costs | 2,142 | 1,934 | 1,330 |
| Total spending | 7,038 | 5,081 | 4,944 |
| Cash flow from operations | 200 | 1,080 | (215) |
| Capital spending | 14 | 15 | 13 |
| Funding reserves | 3,161 | 3,038 | 2,040 |
Note: DEFERRED REVENUE: To report on a cash-basis, Ci adjusted for deferred revenue. This affected total revenues by $28k in F2024, ($158k) in F2023, and $40k in F2022. DONATED SUPPLIES AND FUNDING: Ci reported the supplies and funding donated for the homeless as part of expenses, increasing the total expenses by $3.9m in F2024, $2.3m in F2023, and $3.0m in F2022. AMORTIZATION: Ci removed amortization from administration and fundraising costs pro-rata.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
0 |
$40k - $80k |
5 |
< $40k |
1 |
Information from most recent CRA Charities Directorate filings for F2024
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Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 905-943-4250