Financial Integrity and Sustainability

We recognize the importance of ensuring that your donations are being used effectively, and we work hard to be transparent and accountable to you, our donors. If you have any questions, please contact us at info@indwell.ca.

Overwhelming generosity

2022 has been a year of unprecedented growth! We are so grateful for our donors and community members for the endless support and generosity. As we continue to grow, we remain commited to transparency and accountability and invite you to read our year in review:

An overview of indwell's finances

9 out of every 10 people that move in with Indwell are still with us a year later. This is because of Indwell’s community of care. Your gifts are the launching point1Your gift is a catalyst for remaining project funding, with an impact of up to 10x for creating safe and offering effective supports for people at Indwell to thrive.

Operating RevenuesCurrent YearPrevious Year
Donations3,153,8242,326,795
Operating Grants (Ministry of Health)4,843,9443,358,823
Operating grants (municipal, other) 1,416,6111,411,714
Rent, room and board6,463,3495,278,424
Commercial rentals, services, other514,763406,724
Flourish revenue1Flourish revenue is eliminated upon consolidation in Indwell’s audited financial statements1,263,825735,938
TOTAL2Does not include capital grants and donations17,656,31613,518,418
Operating SupportsCurrent YearPrevious Year
Program8,625,4216,543,707
Facilities Management3Excludes amortization of $2,613,812 (2021) and $2,263,670 (2020)3,078,5202,438,950
Interest2,061,6142,088,927
Administration2,143,9761,779,033
Fundraising and communications867,924610,353
TOTAL16,777,45513,460,970

Revenue Breakdown (%)

Expenses Breakdown (%)

FINANCIAL STATEMENTS

2021–2022 in numbers

0
PEOPLE WELCOMED INTO NEW HOMES
0
DONORS
$ 0 M
IN DONATIONS

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Send a note of encouragement

Now more than ever, it is important that our tenants feel connected with others, even if they cannot be physically connected. Send a note of encouragement to be shared with our tenants who are feeling isolated at this time.

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