Sierra Club BC
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.
68%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 68 cents are available for programs.
My anchor
OVERVIEW
About Sierra Club BC:
Sierra Club of British Columbia is a 4-star, financially transparent charity. Its results reporting score is A-, which is above average. Its overhead spending is within Ci’s reasonable range. Its reserve funds can cover one year and four months of annual program costs.
Founded in 1969, Sierra Club of British Columbia (SCBC) supports stewardship of the ecosystems and climate in BC. It incorporates Indigenous knowledge and traditions in its work. Sierra Club reports that BC is failing to meet its climate and ecological goals. It states that only 15% of the land in BC is protected. The BC government must double this number to meet its 30% goal by 2030. Only 24% of the most at-risk old-growth forests in BC had been deferred from logging. According to the charity, this number is insufficient to protect these forests.
Sierra Club has three main programs: Environmental Advocacy and Awareness, Education K-8, and Indigenous Knowledge.
Environmental Advocacy and Awareness was 91% of program spending in F2022. It communicates through mainstream media, social media, webinars, and legal suits. In F2022, the charity reported that 752 news stories featured its work across outlets like Global News, CTV, the Vancouver Sun, and more. Its advocacy reached 766k people through mainstream media and 218k people through social media in F2022.
Education K-8 was 7% of program spending in F2022. It offers free environmental works in classrooms, school yards, homeschool neighborhoods, and local outdoor spaces. Sierra Club reports reaching 10k learners through its education programs.
Indigenous Knowledge was 2% of program spending in F2022. The charity states that projects that harm the environment often also infringe on the rights of Indigenous Peoples. Sierra Club does not provide specific outputs for its Indigenous Knowledge program.
My anchor
Results and Impact
In January 2023, Sierra Club reported that in partnership with Ecojustice, a BC-based environmental law charity, a court ruled that the reporting requirements of BC’s climate law are enforceable by the court. These included the provision to report on plans to reach climate targets. The charity notes that this is a unique victory that sets an important legal precedent across Canada. Climate change accountability legislation can be interpreted and enforced by courts when governments fail to meet reporting requirements.
Sierra Club BC also reported that Imperial Metals, a Vancouver-based mining company, surrendered its mining rights to the Skagit River headwaters. The water is home to Chinook salmon, grizzly bears, and other species at risk. The river also provides clean drinking water to many nearby Indigenous communities.
While Ci highlights these key results, they may not be a complete representation of Sierra Club BC’s results and impact. This charity is not yet rated on impact (n/r).
My anchor
Finances
Sierra Club BC received $2.5m in Canadian donations in F2023. It also received $65k in international donations. It received $436k in government funding, representing 15% of total revenues.
Administrative costs are 10% of total revenues, less investment income. Fundraising costs are 22% of donations. Total overhead spending was 32%. For every dollar donated, 68 cents are available to go to the cause. This is within Ci’s reasonable range for spending.
In F2023, Sierra Club had $2.6m in net funding reserves. These can cover one year and four months of annual program costs.
In F2019, the charity received $60k to be used towards information technology assets and upgrades. It did not disclose the source of this revenue. Ci has reported the amortization of this deferred capital contribution under other revenue.
In F2023, the charity used external fundraisers. It paid $18k to raise $12k. This puts the cost of raising a dollar via these fundraisers at $1.47. Donors who want to maximize their giving are encouraged to donate directly to the charity.
Financial Review
Fiscal year ending December
|
2023 | 2022 | 2021 |
---|---|---|---|
Administrative costs as % of revenues | 9.5% | 3.0% | 16.5% |
Fundraising costs as % of donations | 22.2% | 16.1% | 16.5% |
Total overhead spending | 31.7% | 19.1% | 33.0% |
Program cost coverage (%) | 132.4% | 92.8% | 131.1% |
Summary Financial StatementsAll figures in $s |
2023 | 2022 | 2021 |
---|---|---|---|
Donations | 2,481,507 | 3,501,063 | 2,087,411 |
International donations | 64,881 | 6,205 | 80,892 |
Government funding | 435,519 | 173,257 | 340,999 |
Investment income | 16,450 | 3,990 | 1,000 |
Other income | (3,862) | (380) | (31,391) |
Total revenues | 2,994,495 | 3,684,135 | 2,478,911 |
Program costs | 1,966,264 | 2,544,546 | 1,583,165 |
Administrative costs | 284,184 | 108,717 | 408,070 |
Fundraising costs | 550,221 | 563,833 | 344,883 |
Other costs | 17,314 | 17,788 | 3,285 |
Total spending | 2,817,983 | 3,234,884 | 2,339,403 |
Cash flow from operations | 176,512 | 449,251 | 139,508 |
Capital spending | 0 | 8,250 | 8,672 |
Funding reserves | 2,603,267 | 2,361,445 | 2,076,125 |
Note: Ci reported provincial government funding and international donations from the charity’s T3010 filing with the CRA and removed the amounts from donations. Ci adjusted for deferred revenue and capital contributions within donations and government funding, affecting revenues by $96k in F2023, $13k in F2022, and $1k in F2021. Ci adjusted for amortization of deferred capital contributions within other revenue. Ci reported investment income from the charity’s available filings with the CRA and removed the amounts from other income. Ci included a term deposit of $401k in F2022 in funding reserves.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
3 |
$40k - $80k |
7 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
My anchor
Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 250-386-5255