CAMFED Canada
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
A
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.
99%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 99 cents are available for programs.
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OVERVIEW
About CAMFED Canada:
CAMFED is a 3-star charity that is financially transparent. It has an above-average results reporting grade of A and overhead spending of 1% which is outside of Ci’s reasonable range.
Campaign for Female Education Canada (CAMFED Canada) was incorporated in 2009 as a not-for-profit and was established as a charity in 2017. CAMFED Canada supports the work of CAMFED, a United Kingdom-based charity. The charity works with local partners in five countries in sub-Saharan Africa to tackle barriers to girls’ education. CAMFED believes that girls’ education is the foundation for social justice, women’s leadership, economic development, and climate action. In F2023, CAMFED Canada spent $796k on international programs in Ghana, Malawi, Tanzania, Zambia, and Zimbabwe. CAMFED Canada funds two main programs in Africa: Multiplying Girls’ Educational Opportunities and Enabling Educated Women to Lead Change. CAMFED Canada also spent $89k on Canadian programs: Research and Development, and Advocacy.
CAMFED does not have a report or website specifically for CAMFED Canada, so Ci has used CAMFED’s global annual review and website to report on this charity. CAMFED Canada does have its own audited financial statements which Ci has used.
Multiplying Girls’ Educational Opportunities ($524k) was 57% of program spending in F2023. CAMFED supports girls to enrol and thrive in school and it believes that girls’ education drives progress across health, democracy, equity, and the economy. In F2023, CAMFED supported 98,954 girls at 9,150 primary and secondary schools across 166 districts. CAMFED helped another 90,000 young people in post-secondary education. Since 1993, CAMFED has supported 7.2 million children to go to school, including 2.2 million girls at secondary school.
Enabling Educated Women to Lead Change ($304k) was 33% of program spending. Girls educated with CAMFED’s support are invited to join the CAMFED Association. These members help provide the social and economic support girls and vulnerable children need to do well in school and beyond. They create jobs, share knowledge and skills, and support and engage communities to shift harmful gender social norms. In F2023, there was a total of 278,969 members in the CAMFED Association, who collectively supported 887,229 young people in education. Additionally, CAMFED provided 1,048 loans to entrepreneurs totalling $563,768 and supported 35,180 business with Business Guides and Climate-smart Agriculture Guides.
Advocacy ($45k) and Research and Development ($48k) were the remaining 10% of program spending. In F2023, CAMFED’s CEO, Angeline Murimirwa, delivered a TED Talk called “School is just the start. Here’s how to help girls succeed for life”, and CAMFED’s annual general meeting brought together 115 participants, including government officials, to focus on the causes of high dropout rates across Zimbabwe. CAMFED also launched “the Hub”, which is a digital training platform that provides online access to training, peer support, and learning resources.
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Results and Impact
CAMFED collected results from its secondary school program in Malawi, showing that students supported by CAMFED achieved attendance rates of 96% and a pass rate of 85.5% in the 2023 Junior Certificate of Education (Form 2) Examination; significantly above the national pass rate of 72.7%.
In November 2023, CAMFED conducted a follow-up survey of 670 agriculture entrepreneurs (515 from Zimbabwe and 155 from Zambia) who had been supported by CAMFED’s agriculture or business guides for over a year. Results include: 84% of respondents in Zambia and 89% in Zimbabwe reported that their yield had ‘increased a lot’ since the adoption of new farming techniques. In Zambia, 91% of respondents that run a business reported making a profit in the previous month, compared to 71% at the baseline. 91% in Zambia and 83% in Zimbabwe reported that income from their business had increased since joining the program. In Zambia 79% and in Zimbabwe 84% of respondents engaged in farming reported that they had been able to produce more food for themselves and their families to eat this year, compared with last year.
CAMFED collaborated with the London School of Hygiene and Tropical Medicine (LSHTM) who did a preliminary analysis on CAMFED’s social return on investment (SROI): “An average investment of $142.1 per entrepreneur in Tanzania is estimated to have created $968.5 per entrepreneur of net present value between 2020 and 2022. That is, every US dollar invested by CAMFED into the Livelihoods programme is estimated to have generated $6.8 in economic, social, education and health return over a three-year period from the start of the program. Thus, the SROI analysis estimated a ratio of 1:6.8 for Tanzania. … For Zimbabwe, an investment of $172.1 leads to $1,328.4 of value per entrepreneur, resulting in an estimated SROI of 1:7.7 over a three-year period.”
In 2023, a survey in Malawi found that CAMFED’s “My Better World” sessions helped 94% of learners to shape their goals, 95% of learners to better understand their rights, and 93% of learners improve their confidence.
While Ci highlights these key results, they may not be a complete representation of CAMFED’s results and impact. This charity is not yet rated on impact (n/r).
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Finances
CAMFED Canada received donations of $73.1m in F2023. This is a 107x increase from F2022, which was $681k. This was mostly donated by the Mastercard Foundation. CAMFED only recognized only a small portion of this donation and deferred $72.0m of the Mastercard Foundation’s donation. Ci has adjusted for this deferral of donations by also adding the deferred amount in donations. CAMFED had $229k in donations from the public.
Administrative costs are 0.4% of revenues (less investment income) and fundraising costs are 0.1% of donations. This results in total overhead spending of 1%, which is outside of Ci’s reasonable range for overhead spending of 5% to 35%.
CAMFED Canada has $73.0m in reserve funds. These reserve funds are the charity’s cash and investments. The charity has over 82 years of annual program costs covered by its current reserves. This large number is due to the large donation from the Mastercard Foundation that CAMFED Canada has received this year. Reserve funds have increased by $71.2m.
This charity report is an update that has been sent to CAMFED Canada for review. Changes and edits may be forthcoming.
Updated on July 23, 2024, by Lily Ferguson.
Financial Review
Fiscal year ending December
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 0.4% | 18.4% | 0.8% |
| Fundraising costs as % of donations | 0.1% | 23.1% | 0.2% |
| Total overhead spending | 0.5% | 41.5% | 1.0% |
| Program cost coverage (%) | 8,242.7% | 13.6% | 143.3% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 73,100 | 681 | 13,290 |
| Goods in kind | 1 | 2 | 1 |
| Total revenues | 73,100 | 683 | 13,291 |
| Program costs - International | 796 | 12,286 | 9,455 |
| Program costs - Canada | 89 | 625 | 296 |
| Administrative costs | 294 | 125 | 104 |
| Fundraising costs | 81 | 157 | 26 |
| Total spending | 1,261 | 13,194 | 9,882 |
| Cash flow from operations | 71,840 | (12,511) | 3,409 |
| Capital spending | 3 | 3 | 28 |
| Funding reserves | 72,990 | 1,754 | 13,975 |
Note: Ci has included contributions that have been received this year, but not recognized as revenue yet. This adjustment for deferred contributions affected revenue by $71.7m in F2023, ($13.3m) in F2022, and $2.7m in F2021. Amortization was removed from program, administrative, and fundraising costs on a pro-rata basis.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
1 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
2 |
$40k - $80k |
1 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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Comments & Contact
Comments added by the Charity:
Charity Contact
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