Friends of the Hospital for Sick Children Toronto Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
GENERALLY, THE ORGANIZATION MAKES GRANTS TO ADVANCE CHILD HEALTH THROUGH RESEARCH. IN FY 2025 ENDING MARCH 31, 2026 AND IN PRIOR YEARS, THE ORGANIZATION HAS SUPPORTED RESEARCH IN DISEASES SUCH AS VARIOUS CANCERS, SUCH AS NEUROBLASTOMA, OTHER NEUROLOGICAL CANCERS, GLYCOGEN STORAGE DISEASE, PEDIATRIC STROKE DISEASE AND LAFORA DISEASE.
- Income
- $685,892
- Spending
- $688,352
- Spent on programs
- 99%
- Reserves
- 0.1 months of spending
- Largest source of income
- donations and private grants, 99%
- Employees
- 0
- Volunteers
- 3
Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 62 out of 100.
Reserves
4 of 35Spendable reserves would cover 0.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
8 of 15Spending exceeded income by 0% of income.
Income trend
15 of 15Income rose 7% on the year before.
Spending floor
15 of 1599% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 83 out of 100.
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $680,000 spent. GENERALLY, AS STATED ABOVE, THE ORGANIZATION MAKES GRANTS TO ADVANCE CHILD HEALTH THROUGH RESEARCH. IN FY 2024, THE ORGANIZATION MADE GRANTS TO THE 501(C)(3) HOSPITAL FOR SICK CHILDREN FOUNDATION TOTALING $680,000 FOR MEDICAL RESEARCH IN DISEASES THAT AFFLICT CHILDREN AND THE BALANCE FOR GENERAL CHARITABLE USES AND PURPOSES. THE OUTPUT FROM THIS PROGRAM IS INTANGIBLE. IT IS IMPOSSIBLE TO COUNT THE NUMBER OF PERSONS BENEFITED BY GRANTS FOR THINGS SUCH AS RESEARCH. HOWEVER, SINCE THE HOSPITAL IS THE LARGEST HOSPITAL IN THE WESTERN HEMISPHERE DEVOTED TO CHILD HEALTH, AND AS SUCH, MANY CHILDREN COME FROM THE U.S., CANADA, AND AROUND THE WORLD FOR THE MOST ADVANCED PEDIATRIC CARE, IT IS ANTICIPATED THAT THOUSANDS OF CHILDREN WILL BENEFIT FROM THIS ORGANIZATION'S GRANT PROGRAM TO ADVANCE CHILD HEALTH THROUGH RESEARCH. THE ORGANIZATION PROVIDED NO SERVICES. THE ORGANIZATION HAS NO OTHER PROGRAM SERVICES THAN THOSE DESCRIBED ABOVE.
Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending March 2026.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1986.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.