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Cuso International

44 Eccles Street #200
Ottawa, ON K1R 6S4
CEO: Evelyne Guidon
Board Chair: Lloyd Axworthy

Charitable Reg. #: 81111 6813 RR0001
Sector: International Aid
Operating Charity

Results Reporting

Grade: B

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [Audited financial statement for most recent year]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

2014 2015 2016
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #158

Avg. Compensation $46,345

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 2
$120k - $160k 0
$80k - $120k 8
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About Cuso International:

Founded in 1961, Cuso International (CUSO) works to reduce poverty, exclusion and inequality in Africa, Asia, the Caribbean, Latin America, South America and North America. CUSO teams with local partners to run projects in the communities it works in. The charity separates its projects into 3 focus areas: community, health and livelihood.

CUSO’s community projects focus on improving gender equality, child protection, access to justice, and citizen involvement, accountability and transparency in community decisions. In 2016, CUSO worked on community projects with 36 partners. In 2016, CUSO worked with an organization called Education Initiatives in Myanmar. The project focused on increasing women leadership. In November 2016, a record number of women were elected into Myanmar Parliament – women-held seats increased from 4% to 13%.

CUSO’s health projects focus on improving access to healthcare in poor and remote communities, as well as communities struggling with race, gender or class issues. In 2016, CUSO worked on health projects with 20 partners. With its livelihoods projects, CUSO helps poor people and communities handle unemployment, food shortages, climate change and discrimination. In 2016, CUSO worked on livelihoods projects with 53 partners.

Moving forward, CUSO aims to continue to work towards meeting the Sustainable Development Goals set forth by the United Nations.

Financial Review:

Cuso International is a medium-sized charity, collecting $2.9m in donations in F2016. Global Affairs Canada funding of $14.6m makes up 71% of total revenues. Administrative costs are 10% of revenues and fundraising costs are 42% of donations. Per dollar donated to the charity, $0.48 goes to the cause, which falls below Ci’s reasonable range. CUSO’s funding reserves of $12.3m can cover only 84% of annual program costs.

Cuso International uses external fundraisers. In F2016, CUSO reports spending $32k on external fundraisers that collected $11k on behalf of Cuso (making up less than 1% of total donations). This means that for every dollar raised by external fundraisers, it cost CUSO $2.91.

This charity report is an update that is currently under review by Cuso International. Changes and edits may be forthcoming.

Updated on May 19, 2017 by Katie Khodawandi.

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 9.7%11.1%10.1%
Fundraising costs as % of donations 41.9%44.3%43.1%
Program cost coverage (%) 83.7%50.0%73.8%

Summary Financial Statements

All figures in $000s
Donations 2,9133,1183,372
Goods in kind 3,1176,50313,198
Government funding 14,57812,82313,465
Investment income (5)412486
Total revenues 20,60522,85630,522
Program costs 17,75120,34227,508
Administrative costs 2,0062,4843,033
Fundraising costs 1,2211,3811,452
Cash flow from operations (373)(1,351)(1,472)
Funding reserves 12,2526,91910,566
Note: Ci adjusted program, administrative and fundraising costs for amortization on a pro-rata basis, reducing expenses by $378k in F2016, $355k in F2015 and $263k in F2014. Ci excluded the value of volunteer time of $3.1m in F2016, $6.5m in F2015, and $13.2m in F2014 from Program Costs to calculate program cost coverage.   

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