Canadian Bible Society

10 Carnforth Rd
Toronto, ON M4A 2S4
Executive Director: Rev. Dr. Rupen Das
Board Chair: Capt. Noel Asirvatham

Charitable Reg. #:11882 9647 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

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✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

B-

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.

65%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 65 cents are available for programs.



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Programs

About Canadian Bible Society:

Founded in 1904, Canadian Bible Society (CBS) works to translate, publish, and distribute Christian scriptures both in Canada and globally. It is one of 145 national societies that make up United Bible Societies. Since 2015, United Bible Societies have completed biblical translations in 270 languages used by over 1.7 billion people. CBS reports that there are over 7,100 languages in the world, and while the Scriptures are translated into 2,500 of these languages, the entirety of the Bible is only translated into 511 languages. In F2020, CBS distributed 519,220 bibles, testaments, and scripture selections, including over 120,000 Bibles. It was also active in 16 translation projects.

In F2020, CBS spent 73% of program costs on Canadian ministries. The charity made the Bible available in 70 languages in Canada in F2020. The top ten languages distributed were Spanish, Inuktitut, Haitian Creole, Plautdietsch, Chinese, Persian, Arabic, Hindi, Tagalog, and Swahili. CBS sells Bibles written in more than 100 languages in Canada, including many First Nations languages; it is currently completing four Indigenous translation projects, and has previously completed 14 Indigenous translation projects. CBS is also currently working on revisions to the Punjabi Bible for the more than 8,000 evangelical Punjabis living in Canada.

In F2020, CBS spent the remaining 27% of program costs on international ministries. CBS supported 57 projects in 40 countries. Working with United Bible Societies, CBS distributed scriptures globally to countries including China, Cuba, Nicaragua, Palestine, and Romania. Within some countries, there is a focus on providing scriptures to children and youths, particularly those who are sick or disabled. In Haiti, the Bibles are used in literacy classes to teach people how to read and CBS reports that providing Bibles can empower women socially and economically in Israel and India.

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Results and Impact

By providing literacy classes, audio bibles, and large-print Bibles, Canadian Bible Society works to make God’s Word accessible to more people. One church claims that attendance increased to 120 members from six in 2015 before the programs began.

While Ci highlights these key results, they may not be a complete representation of Canadian Bible Society's results and impact. 

 

 
 

 

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Finances

Canadian Bible Society is a Large charity, with donations of $8.6m in F2020. Administrative costs are 20% of revenues (excluding investment income) and fundraising costs are 15% of donations. For every dollar donated, 65 cents go to the cause. This is within Ci’s reasonable range for overhead spending.

CBS has $2.5m in total funding reserves, of which $1.1m is donor-endowed. Excluding endowed funds, CBS could operate for roughly two months using its funding reserves. This indicates a need for funding.

In F2019, CBS paid external fundraisers $42k to collect $66k from donors, at a cost of 63 cents per dollar raised. Data for F2020 was not yet available at the time of this profile update.

This charity profile is an update that has been sent to Canadian Bible Society for review. Changes and edits may be forthcoming.

Updated on July 24, 2020 by Eric Jose.

Financial Review


Financial Ratios

Fiscal year ending February
202020192018
Administrative costs as % of revenues 20.4%17.8%16.6%
Fundraising costs as % of donations 14.7%19.0%23.7%
Total overhead spending 35.0%36.8%40.3%
Program cost coverage (%) 17.3%26.1%437.8%

Summary Financial Statements

All figures in $000s
202020192018
Donations 8,6089,2798,944
Fees for service 1,8031,6321,608
Business activities (net) 104173178
Investment income 1,0171,260755
Total revenues 11,53212,34411,485
Program costs - International 2,0882,0322,206
Program costs - Canada 5,7794,3244,190
Administrative costs 2,1401,9691,778
Fundraising costs 1,2641,7662,118
Total spending 11,27110,09110,292
Cash flow from operations 2612,2531,193
Capital spending 73231194
Funding reserves 2,4962,79428,897

Note: Revenues for Bible sales are included as fees for service, and expenses for Bible sales are included as a program cost.

Salary Information

Full-time staff: 48

Avg. Compensation: $73,926

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
3
$80k - $120k
6
$40k - $80k
1
< $40k
0

Information from most recent CRA Charities Directorate filings for F2019

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Comments & Contact

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Charity Contact

Website: www.biblesociety.ca
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