World Vision Canada

1 World Drive
Mississauga, ON L5T 2Y4
President & CEO: Michael Messenger
Board Chair: Ron McKerlie

Website: www.worldvision.ca
Charitable Reg. #: 11930 4855 RR0001
Sector: International Aid
Operating Charity

Charity Rating

[Charity Rating: 4/4]

Social Results Reporting

Grade: A-

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 ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #466

Avg. Compensation $82,966

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 2
$160k - $200k 7
$120k - $160k 1
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About World Vision Canada:

Founded in 1957, World Vision Canada (WVC) is a Christian development, relief and advocacy charity working with communities, families and children to overcome poverty and injustice. WVC works for 15 years in each community, building the foundations for sustainable development, improving living conditions, and supporting job training and farming. This work includes water and sanitation projects, immunization, and schools. On average, World Vision Canada spends $20m on each community over the 15 years (all-in costs including management and evaluation). In addition to development, World Vision Canada is a disaster response charity that has a track record of quick response and spends disaster relief funding within 3 years. World Vision also advocates on global issues like child rights, hunger and maternal and neonatal health.

In F2016, World Vision Canada spent $354.2m on international development working in 48 developing countries, $5.7m raising public awareness, and $2.2m on development programs in Canada giving necessities to needy children, In 2015, through World Vision's child sponsorship monthly donations of $39, Canadian donors funded 245 WVC communities. In 2015 World Vision Canada reports 454,435 sponsored children, continuing the steady decline in child sponsorship from a peak of 514,060 in F2011. World Vision Canada supported 20,869 local savings groups and helped 464,855 people pay school fees and make home repairs.

In F2015, World Vision's annual reports highlight helping 211,586 victims of Nepal's earthquake with shelter kits and opened up 35 safe spaces for children to play and learn in. WVC funded necessities for 2 million Syrian refugees.

World Vision Canada states that its water hygiene programs have decreased diarrhea dramatically over the past years, from 42% of children in 2013 to 25% today. WVC also reports that its work in a community reduces underweight children by 9% since it started its programs. In F2015, 19 communities "graduated" from WVC's 15-year development program.

Financial Review:

World Vision Canada is Canada's largest donor-funded charity and tops the list of Canada's Major 100 charities receiving cash donations of $253.2m in F2016 along with donated gifts of $123.0m. WVC received government funding of $40.5m in F2016. Administrative costs are 6% of total revenues and fundraising costs are 22% of total donations. For every dollar donated, 72.0 cents goes to the cause in F2016, compared with 73.9 cents in F2014 and 74.5 cents in F2013, well within what Charity Intelligence deems a reasonable range. WVC has total funding reserves of $46.8m that can cover the charity's program costs for 2 months showing a need for donations. Like most every Canadian international charity, the generosity of Canadians is 'exported' to international partners: World Vision Canada transferred to World Vision International $318.1m in F2016, $327.2m in F2015, and $309.7m in F2014 in donations and donated goods to run international development projects; .

Included in World Vision Canada's other income is $28.2m in F2016, $18.4m in F2015, and $10.9m in F2014 in F2013 in funding from international organizations, including the UN World Health Program.

Updated July 29th, 2016 by Mirza Ali Shakir, WVC's F2016 financial information updated February 9th 2017by Kate Bahen. Social results and impact results for F2016 are expected to be released and updated in May 2017.

Financial Ratios

Fiscal year ending September
201620152014
Administrative costs as % of revenues 5.9%5.8%5.5%
Fundraising costs as % of donations 22.1%23.1%20.3%
Program cost coverage (%) 6.9%7.1%6.0%

Summary Financial Statements

All figures in $000s
201620152014
Donations 253,219262,733269,832
Goods in kind 122,971121,78198,611
Government funding 40,54337,41532,083
Investment income 8344191,253
Other income 29,07018,92712,195
Total revenues 445,830442,530413,542
Program costs - International 354,184345,661325,601
Program costs - Canada 7,8137,6799,254
Administrative costs 26,33225,75022,563
Fundraising costs 55,94560,80954,853
Cash flow from operations 1,5572,6301,271
Funding reserves 46,81248,21138,215
Note: Charity Intelligence's intent is to help donors "follow the money" and present financial information on an operating cash flow basis before non-cash amortization charges. WVC's amortization costs are $1.848m in F2015 and $1.680m in F2014. Ci has removed amortization costs entirely from administrative expenses. The amortization costs are largely associated with WVC's building in Canada. Capital expenditures are $1.887m in F2015 and $1.943m in F2014, again, mostly associated with WVC's building. WVC has offered to provide the cost allocation of amortization charges to program, fundraising and administrative costs that Charity Intelligence may modify. Charity Intelligence feels this detailed information is interesting but immaterial to donors given the size of WVC's operations.

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