Save a Family Plan is a 4-star, good impact charity. It has a below-average results reporting grade of B- and funding reserves that can cover more than 4 years of program costs at the F2022 level. 

Founded in 1965, Save a Family Plan (SAFP) is a Canadian-based charity that raises funds for Save a Family Plan India. SAFP works to help its partner families and communities in rural India overcome poverty. SAFP’s core program is its Family Development program. It also runs a Community Development program.

Family Development Program (FDP) – 69% of program spending ($2.2m). SAFP worked with 31 local non-governmental organizations (NGOs) in 58 districts across five states to run this program. In its FDP, donors pledge $22 a month for six years to support a family. This helps the family start a small business and pay for other needs like food or shelter. The goal is for the family to graduate from the program and be reliant on their small business for income. In F2022, SAFP supported 8,798 families. The families started 3,442 small businesses.

Community Development – 27% of program spending ($882k). In F2022, this program worked with 11 NGOs in six states. It identifies poverty-related issues and addresses them to help improve communities. In F2022, this program reached approximately 10,000 people. SAFP's funding provided 1,500 water purifiers, 466 sanitary toilets, and 36 new homes to communities in need. As part of this program, it also runs a Women’s Empowerment program. This helps women learn tailoring, embroidery, and entrepreneurship. The program helped 20 women start their own business. It gave each woman their own industrial tailoring machine and helped them get clients.

The remaining 4% of program costs went to public engagement and tech support.

In F2022, Save a Family Plan received $3.5m in Canadian donations in F2022. Administrative costs are 12% of revenues (less investment income) and fundraising costs are less than 1% of donations. This means total overhead spending is 12%. For each dollar donated, 88 cents go to the cause. This is within Ci’s reasonable range for overhead spending.

SAFP received $1.4m in investment income duding F2022, making up 28% of total revenues.

SAFP has reserve funds of $15.5m that can cover program costs at F2022 levels for 4 years and 10 months. This includes the value of its cash, investments, and HST receivable. Its investments are worth $11.9m, of which 72% is in equities/equity funds and 28% is in fixed income securities.

In its annual report, SAFP notes that it had $3.2m in program costs in F2022 as well as $540k deferred until April 2022. This information is not provided in the audited financial statements. As such, it is not included in the financial breakdown below.

This charity report is an update that was sent to Save a Family Plan for review. Changes and edits may be forthcoming.