Ryan's Well
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.
Average
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.
86%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 86 cents are available for programs.
My anchor
OVERVIEW
About Ryan's Well:
Ryan's Well Foundation is a 5-star charity with Average Demonstrated Impact. The charity has an A Results Reporting grade, which is above average. For every dollar donated to the charity, 86 cents are available to go to the cause, which is within Ci's reasonable range.
Founded in 2001, Ryan’s Well Foundation (Ryan's Well) works with local partners to provide access to clean water, sanitation, and hygiene education in the world’s most vulnerable regions. According to Ryan’s Well, more than 700 million people cannot access safe water and 485,000 people die each year from contaminated drinking water.
A Charity Intelligence 2023 Top 100 Rated Charity
Ryan’s Well runs two main programs: Build, and Motivate & Educate. In F2023, Ryan’s Well spent $746k on its programs.
Build represented 82% ($610k) of program costs in F2023. Ryan’s Well Foundation helps create new clean water projects with local partners in developing countries. In 2023, Ryan’s Well built 15 deep wells in Ghana, 13 deep wells in Northern Uganda, and 27 protected springs, two rainwater harvest tanks, and one four-stance VIP latrine with handwashing in Western Uganda. The charity’s build projects provided water to 59,451 people, of which 54% were female. Since its founding, Ryan’s Well has helped 1,507,911 people through 1,767 water projects and 1,322 latrines in 17 countries.
Educate and Motivate represented the remaining 18% ($136k) of program costs. Ryan’s Well provides safe hygiene, food preparation, and proper sanitation education in developing countries. In addition, the charity promotes awareness of clean water to inspire youth to act. In F2023, Ryan’s Well delivered 53 video presentations across seven countries. The charity reached 12,182 people through its presentations.
My anchor
Results and Impact
Ryan’s Well Foundation completed 57 water projects in Ghana, Malawi, and Uganda. The charity reports it provided water for 59,451 people in F2023. Charity Intelligence has given Ryan's Well an Average impact rating for demonstrated social impact per dollar spent.
While Ci highlights these key results, they may not be a complete representation of Ryan’s Well Foundation’s results and impact.
Impact Rating: Average
•
My anchor
Finances
Ryan’s Well Foundation received $843k in donations in F2023. The charity spent $746k on its programs, which is 84% of revenue. Ryan’s Well recorded a surplus of $31k in F2023.
Administrative costs are 9% of revenue (excluding investment income). Fundraising costs are 4% of donations. For every dollar donated to the charity, 86 cents are available to go to the cause, which is within Ci’s reasonable range.
Ryan’s Well Foundation has $1.3m in reserve funds (cash and investments). The charity’s reserves could cover 168%, or one year and eight months of its annual program costs.
This charity report is an update that has been sent to Ryan’s Well Foundation for review. Changes and edits may be forthcoming.
Updated on August 6, 2024 by Liam Chapleau.
Financial Review
Fiscal year ending March
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 9.3% | 8.3% | 8.4% |
| Fundraising costs as % of donations | 4.3% | 3.8% | 4.0% |
| Total overhead spending | 13.6% | 12.1% | 12.5% |
| Program cost coverage (%) | 168.3% | 159.4% | 184.3% |
Summary Financial StatementsAll figures in $s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 842,556 | 920,534 | 824,486 |
| Investment income | 49,159 | (6,159) | (23,073) |
| Total revenues | 891,715 | 914,375 | 801,413 |
| Program costs - International | 610,015 | 641,131 | 544,967 |
| Program costs - Canada | 136,296 | 133,605 | 108,736 |
| Administrative costs | 78,366 | 76,111 | 69,458 |
| Fundraising costs | 36,466 | 35,075 | 33,312 |
| Total spending | 861,143 | 885,922 | 756,473 |
| Cash flow from operations | 30,572 | 28,453 | 44,940 |
| Capital spending | 2,078 | 1,162 | 0 |
| Funding reserves | 1,256,216 | 1,234,885 | 1,204,976 |
Note: DEFERRED REVENUE: Ci accounted for deferred revenue, affecting revenue by $157k in F2023, ($139k) in F2022, and ($33k) in F2021.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
1 |
$40k - $80k |
2 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
My anchor
Comments & Contact
Comments added by the Charity:
Added on May 1, 2024
“All I had to do was take 10 steps from my classroom to get to the drinking fountain and I had clean water. Before that day in school, I figured everyone lived like me. When I found out this wasn’t the case, I decided I had to do something about it.” Ryan Hreljac.
The Foundation grew from the passion and courage of one 6-year-old boy, Ryan Hreljac. Ryan was inspired to take action as a grade one student when he learned of the devastating consequences for people without access to safe drinking water. He was remarkably determined as he succeeded in rallying his community to help him raise the funds needed to build one well in Uganda, Africa – one well that has changed everything. Now, more than 2 decades later, Ryan’s Well Foundation’s team of people continue to be committed to providing access to safe water and sanitation as an essential way to improving lives in the developing world. We educate people about the importance of accessing safe water and sanitation services, and look to motivate people of all ages to take action and effect positive change in the world.Ryan’s Well also promotes the importance of clean and safe water to schools through our unique annual School Challenge. Students from all over the world are invited to fundraise towards a specific site where they learn all about the project as well as see the impact they are making.
We invite everyone to visit our website (ryanswell.ca) to read all about the Foundation, including our publications, and also find links to all forms of social media. We post information on our latest projects as well as provide motivational tools, ideas, stories and videos.
Ryan’s Well is a registered Canadian charity #88858 7110 RR0001.
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it.
email: info@ryanswell.ca
Tel: 613-258-6832