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.
B+
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.
84%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 84 cents are available for programs.
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OVERVIEW
About Our Place:
Our Place Society is a 4-star charity that is not fully financially transparent with an above-average B+ results reporting grade. Its reserves can finance just under 11 months of its annual program spending and it has 16% overhead. For every dollar donated, 84 cents are available to go to the cause.
Founded in 2007, Our Place Society (Our Place) provides comprehensive services for Victoria’s homeless and vulnerable populations. According to its latest 2024-2027 strategic plan, it is in the process of expanding shelter availability and better integrating those who leave its shelters into second-stage, transitional housing. 1,665 people face homelessness each night in Victoria with much of this group relying on services offered by the charity.
Our Place runs four programs: Housing & Shelters, Substance Abuse Treatment, Community Outreach & Referrals, and Community Support. It spent $17.8m on its programs in the March 2024 fiscal year (F2024).
Housing & Shelters was 63% of Our Place’s program spending. The charity operates seven short-term emergency shelters and long-term community housing buildings (393 beds total) across Victoria. Its case management teams also refer those in need to community housing. In F2024, Our Place referred 199 people to long-term housing and directly housed 427 people in either its emergency or community housing. The charity did not disclose commonly reported housing metrics such as the occupancy rate, total bed nights, or average length of stay in its public reporting at the time of this profile update.
Substance Abuse Treatment was 17% of Our Place’s program spending. The charity rehabilitates those suffering from addiction at its New Roads Therapeutic Recovery Community. Our Place accepted 83 people into this program in F2024 (75 in F2023) and reversed 130 overdoses during the year.
Community Outreach & Referrals was 11% of Our Place’s program spending. The charity’s outreach teams provide basic needs and other services for those living on the streets across Victoria. In F2025, the charity provided 138 referrals to detox and treatment centres.
Community Support was 9% of Our Place’s program spending. The charity runs a drop-in centre where it offers meals, hygiene services, and clothing to those in need. In F2025, Our Place served 436,040 meals and provided 11,654 showers to those in need.
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Results and Impact
Since Our Place Society spent $11.3m on its housing program and housed 427 people, it spent $26,496 per unique client housed in F2025.
While Charity Intelligence (Ci) highlights this key result, it may not fully represent Our Place Society’s results and impact.
Ci has not yet rated Our Place Society on its demonstrated impact per dollar spent (n/r). This does not affect its star rating.
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Finances
Our Place Society is not fully financially transparent. It has not made the audited financial statements of Our Place Foundation – a related party which has the same board of directors as Our Place Society – publicly available for donors.
Ci consolidated the financials of the operating charity and foundation's audited financial statements (henceforth Our Place).
Although Our Place provides some disclosure of expenses by program, administrative, and fundraising activity, its financials do not reconcile with equivalent values reported on its T3010 filings with the CRA.
In F2024, Our Place received $9.6m in donations (38% of total revenue) and $13.3m of government funding (53% of revenue).
Administrative costs were 7% of total revenue excluding investment income and fundraising costs were 9% of donations. Its 16% overhead means that for every dollar donated, 84 cents are available to go to the cause. This is within Ci’s reasonable range.
The charity spent $17.8m on its programs in F2024 – a 1% increase from $17.6m spent in F2023. Our Place is in the process of building a new, long-term women’s substance abuse centre.
At the end of F2024, Our Place had $16.1m in reserve funds (cash and investments). Its reserves can cover 90% or just under 11 months of its annual program spending.
Profile updated by Julian Dranitsaris. Comments and corrections may be forthcoming.
Questions? Contact jdranitsaris@charityintelligence.ca
Financial Review
Fiscal year ending March
|
2024 | 2023 | 2022 |
---|---|---|---|
Administrative costs as % of revenues | 7.0% | 6.8% | 5.7% |
Fundraising costs as % of donations | 9.0% | 21.5% | 20.4% |
Total overhead spending | 16.0% | 28.2% | 26.1% |
Program cost coverage (%) | 90.1% | 64.7% | 74.8% |
Summary Financial StatementsAll figures in $000s |
2024 | 2023 | 2022 |
---|---|---|---|
Donations | 9,574 | 4,354 | 4,331 |
Government funding | 13,295 | 12,601 | 14,623 |
Fees for service | 2,060 | 1,661 | 1,292 |
Investment income | 280 | 127 | 71 |
Total revenues | 25,209 | 18,742 | 20,318 |
Program costs | 17,825 | 17,639 | 16,743 |
Administrative costs | 1,752 | 1,256 | 1,143 |
Fundraising costs | 859 | 935 | 884 |
Other costs | 0 | 0 | 0 |
Total spending | 20,437 | 19,830 | 18,771 |
Cash flow from operations | 4,772 | (1,088) | 1,547 |
Capital spending | 256 | 116 | 1,079 |
Funding reserves | 16,093 | 11,456 | 12,558 |
Note: 1. T3010 FILINGS: Ci referred to Our Place's T3010 filings with the CRA to help report program, administrative, and fundraising costs. 2. RELATED PARTY: Ci backed out all related-party transactions between Our Place Society and Our Place Foundation from total revenue and expenses. This affected both by ($1.2m) in F2024, ($1.2m) in F2023, and ($1.9m) in F2022. 3. AMORTIZATION: Ci backed out amortization on a pro-rata basis from program, administrative, and fundraising costs. 4. DEFERRED DONATIONS: Since Our Place follows deferred accounting, Ci adjusted donations and other revenue activities when appropriate to show donors the year-to-year movement of cash within the charity. Changes in deferred donations affected total revenue by $4.6m in F2024, ($940k) in F2023, and ($1.3m) in F2022. 5. DEFERRED GOVERNMENT FUNDING: Ci adjusted government funding for changes in deferred government grants, affecting total revenue by ($414k) in F2024, ($666k) in F2023, and $696k in F2022. 6. DEFERRED CAPITAL CONTRIBUTIONS: Ci adjusted government funding for changes in deferred contributions restricted for capital asset purchases, affecting total revenue by ($446k) in F2024, ($522k) in F2023, and $353k in F2022.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
1 |
$120k - $160k |
1 |
$80k - $120k |
8 |
$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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