ShareWord Global

501 Imperial Road North
Guelph, ON N1H 7A2
President: Giorgio Gori
Board Chair: Garnet Wheaton

Charitable Reg. #:10808 2991 RR0001

STAR RATING

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

[Charity Rating: 4/5]

✔+

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.

78%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 78 cents are available for programs.



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OVERVIEW

About ShareWord Global:

ShareWord Global is a 4-star charity. It has a results reporting score of B+ which is above average. For every dollar donated, 78 cents are available to go towards the cause. Its reserve funds can cover program costs for almost two months.

Founded in 1911, ShareWord Global (formally known as Gideons International in Canada) is a Christian charity that aims to improve access to religion. The charity started in Canada and now works in 17 countries and “sensitive regions” as needed. ShareWord Global distributes Christian materials to people and public places such as hotels, hospitals, schools, and prisons. The charity has a free app which includes the full Bible and a collection of faith-based articles. In fiscal 2023 (year ended May), 6,963 people downloaded the NewLife app in 112 different countries. ShareWord Global has a domestic and a global program. In F2023, ShareWord Global spent $10.2m on programs.

In F2023, domestic work was 58% of program spending. The charity reports that 85% of Canadian believers aged 18-29 believe it’s important to share the gospel, but less than a quarter of them actively look for ways to do it. In F2023, ShareWord mobilized 1,957 believers, shared 568,312 scriptures, partnered with 275 church partners, and gave 4,690 gospel presentations.

In F2022, global work was 42% of program spending. ShareWord Global works in Latin America, Africa, Asia, Eastern Europe, and the Middle East. It focuses on reaching people with God’s teachings despite social, economic, or political barriers. In total, ShareWord mobilized 56,500 believers. 41% of these believers are from Latin America. ShareWord also shared 1.7m scriptures, partnered with 7,751 churches, and gave 541,991 gospel presentations.

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Results and Impact

Charity Intelligence found ShareWord Global reported many stories but no numeric results on its work. While Ci highlights these key results they may not be a complete representation of ShareWord Global’s results. This charity is not yet rated on impact (n/r).

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Finances

ShareWord Global in Canada received donations and special events revenue of $11.1m in F2023. This is a 26% decrease compared to last year’s donations and special events revenue of $14.9m. Administrative costs are 7% of revenues and fundraising costs are 16% of donations. This results in total overhead costs of 22%. For every dollar, 78 cents are available to go towards the cause. This is within Ci’s reasonable range for overhead spending.

ShareWord has $1.4m in reserve funds which is enough to cover almost two months of program costs. This is the lowest that ShareWord’s reserve funds have been since 2018. 

Profile updated on June 12, 2024 by Abby Stout.

Financial Review


Financial Ratios

Fiscal year ending May
202320222021
Administrative costs as % of revenues 6.6%3.3%3.0%
Fundraising costs as % of donations 15.7%11.6%9.4%
Total overhead spending 22.3%14.9%12.4%
Program cost coverage (%) 13.4%20.0%46.8%

Summary Financial Statements

All figures in $000s
202320222021
Donations 10,60614,61212,261
Government funding 00349
Special events 529315299
Other income 03456
Total revenues 11,13514,96112,965
Program costs - International 4,3174,7523,710
Program costs - Canada 5,8756,8905,477
Grants 00400
Administrative costs 735486388
Fundraising costs 1,7501,7341,179
Total spending 12,67713,86211,154
Cash flow from operations (1,543)1,0991,811
Capital spending 5013882
Funding reserves 1,3672,3244,483

Note: DEFERRED REVENUE: To report on a cash basis, Ci adjusted for deferred donations from non-government sources. This affected revenues by ($156k) in F2023, $1.0m in F2022, and $1.2m in F2021. AMORTIZATION: Ci has adjusted for amortization affecting expenses by $123k in F2023, $133k in F2022, and $119k in F2021. INTERNATIONAL PROGRAM: Based on ShareWord Global’s T3010 filings with the CRA, ci has removed international program costs from Canadian program costs to be reported separately.

Salary Information

Full-time staff: 66

Avg. compensation: $67,699

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
3
$80k - $120k
7
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2023

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.sharewordglobal.com
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 519-823-1140

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Charitable Registration Number: 80340 7956 RR0001