SEVA Canada
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.
High
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.
74%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 74 cents are available for programs.
My anchor
OVERVIEW
About SEVA Canada:
Seva Canada is a top-rated 5-star and high-impact charity. The charity has an above-average results reporting score. Its overhead spending is within Ci’s reasonable range, and it has reserve funds to cover program costs for nine months.
Founded in 1982, Seva Canada (Seva) is a Canadian International Aid Charity that focuses on reducing blindness worldwide. Seva reports that 43 million people are blind around the world, with another 295 million living with visual impairment. It states that 80% of global blindness is treatable or preventable. 1/3 of global blindness is caused by cataracts, which can be reversed with a 12-minute, $50 operation. Seva states that the majority of the world’s blind are women and girls. Seva treats vision issues by offering glasses and surgery to those in need. The surgery is mostly cataract, but also glaucoma, cornea, retina, and oculoplasty.
A Charity Intelligence 2023 Top 100 Rated Charity
Seva operates in 10 countries: Burundi, Cambodia, Egypt, Ethiopia, West Africa, Guatemala, India, Madagascar, Nepal, and Tanzania.
Seva provided 103,640 cataract surgeries in F2023. It provides a breakdown of surgeries by country and by gender in its annual report. Seva also provided 21,404 people with prescription glasses.
Seva organizes community eye centres in semi-urban and rural regions. The centres provide eye care and training to the local population. Seva provides training to doctors, nurses, schoolteachers, and medical care workers. In F2023, two ophthalmologists underwent sub-speciality training, and four received cataract surgical training. It provided nine nurses with ophthalmic specialty training. It trained 1,390 schoolteachers in visual assessment and primary eye care, and 2,763 female community health volunteers in eye health and eye disease recognition.
My anchor
Results and Impact
In F2023, Seva states that it provided 1.7m people with accessible eye care services.
Seva states that 75% of people with visual impairment need help with everyday living. In those cases, Seva improves outcomes for both the impaired people and their caretakers. Seva states that children with their sight restored are given an average of 50 years of sight. In F2023, Seva provided 103,640 people with vision-restoring cataract surgeries.
Charity Intelligence has given Seva a High impact rating based on demonstrated impact per dollar spent.
Impact Rating: High
•
My anchor
Finances
Seva Canada received $2.0m in donations in F2023.
Administrative costs are 10% of revenues, and fundraising costs are 16% of donations. This results in overhead spending of 26%. For every dollar donated, 74 cents are available to go to the cause. This is within Ci’s reasonable range for overhead spending.
The charity has reserve funds of $1.3m, and can over its program expenses for 9 months.
Charity Intelligence has sent this profile update to Seva Canada for review. Changes and edits may be forthcoming.
Updated on Jun 7, 2024 by Ben Dobozy
Financial Review
Fiscal year ending June
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 10.2% | 8.8% | 6.0% |
| Fundraising costs as % of donations | 15.6% | 15.0% | 10.6% |
| Total overhead spending | 25.8% | 23.8% | 16.6% |
| Program cost coverage (%) | 77.3% | 118.9% | 91.2% |
Summary Financial StatementsAll figures in $s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 2,013,276 | 1,922,805 | 2,430,102 |
| Goods in kind | 2,400 | 0 | 0 |
| Special events | 3,039 | 562 | 4,446 |
| Investment income | 46,443 | (33,016) | (46,727) |
| Total revenues | 2,065,158 | 1,890,351 | 2,387,821 |
| Program costs - International | 1,635,165 | 1,188,852 | 1,228,592 |
| Administrative costs | 205,715 | 170,077 | 146,938 |
| Fundraising costs | 313,846 | 287,728 | 257,730 |
| Other costs | 1,496 | 1,520 | 1,172 |
| Total spending | 2,156,222 | 1,648,177 | 1,634,432 |
| Cash flow from operations | (91,064) | 242,174 | 753,389 |
| Capital spending | (2,360) | 0 | 0 |
| Funding reserves | 1,264,760 | 1,413,411 | 1,120,721 |
Note: To report on a cash basis, Ci adjusted for deferred donations, affecting revenues by ($143k) in F2023, ($100k) in F2022, and $275k in F2021. Ci listed cost of goods sold in other costs, affecting total expenses by $1k in F2023, $2k in F2022, and $1k in F2021. Ci removed amortization from administrative costs.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
3 |
$40k - $80k |
2 |
< $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: 604-713-6622