Annual Report (2020-21)

Revenue for the Year Ending March 31, 2021

Revenue Highlights The Society ’ s 2020-21 total revenue increased year-over-year by approximately $7.56 million, to $49.35 million. This represents an increase of approximately 18.09% over the previous year.

Provincial Miscellaneous Cost Recovery From Related Party Sales and Fees Client Rent Contributions and Rental Donations Other Funding Agencies United Way Municipal Federal

79.6% 1.4% 3.7% 0.7% 1.9% 0.7% 4.5% 0.3% 1% 6.2%

Expense Highlights Overall, OCS had a good financial year and remains in sound financial condition. Total expenses increased year-over-year by approximately $7.49 million, to $47.50 million. This represents an increase of approximately 18.71% over the previous year. The increase in revenues and expenses produced a net increase in operating surplus of approximately $73,000, or 4.12% over the comparable surplus amount in the previous period. The Society ’ s total excess of revenue over expenditures, for the year, amounted to approximately $1.84 million.

Expenses for the Year Ending March 31, 2021

Wages and Benefits Donations In-kind Client Housing Contracted Services Interest Fees Paid to Clients

60% 0.6% 3.9% 8.4% 0.1% 9.6% 2% 5.5% 2.1% 7.9%

Food Service and Supplies Program Costs and Training Office Building Occupancy

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