Mennonite Central Committee British Columbia
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.
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.
90%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 90 cents are available for programs.
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OVERVIEW
About Mennonite Central Committee British Columbia:
Mennonite Central Committee British Columbia is a 3-star, financially transparent charity. It has a B+ Results Reporting grade, which is above average. For every dollar donated to the charity, 90 cents are available to go to the cause, which is within Ci's reasonable range. Due to a large, one-time donation, the charity's reserves can cover its program costs for over 14 years.
Mennonite Central Committee British Columbia (MCC BC) is one of six provincial divisions of Mennonite Central Committee Canada (MCC Canada), which works with Mennonite Central Committee US to form MCC International (MCC). MCC is a Christian relief, development, and peacebuilding charity that works with local churches in Africa, Asia, Europe, the Middle East, Latin America, the Caribbean, the United States, and Canada.
Mennonite Central Committee British Columbia and MCC both have a mission of sharing God’s love and compassion for all by responding to basic human needs and working for peace and justice. MCC BC works in partnership with churches to deliver its programs. MCC BC sends money to MCC Canada to support its international activities and runs its own Community Development and Justice & Peace programs in British Columbia. In F2023, MCC BC spent $15.0m on its programs and grants.
International programs (MCC Canada) – 75% of program and grant costs. In F2023, MCC BC sent $11.2m to MCC Canada for its international development and relief program. MCC Canada ran 508 projects through 393 partners in 45 countries. Its programs reached 959,310 people in F2023. To learn more about MCC Canada, a 5-star charity, read Charity Intelligence’s report.
BC Programs – 25% of program and grant costs. MCC BC’s local programs focus on community development, local disaster relief, and justice and peace. In F2023, MCC BC provided 840 people at risk of homelessness with housing. The charity also provided support to 325 refugees in BC and provided one-on-one support to 81 Ukrainians. As part of its disaster response, MCC BC sent 2,491 comforters, 600 hygiene kits, 792 school kits, 700 relief kits, and 400 infant care kits across BC.
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Results and Impact
In F2023, MCC BC sent $12.3m to MCC Canada to help fund its international programs.
Mennonite Central Committee Canada reports percentage outcomes in specific countries for its Sustainable Development program. 80% of students across 25 schools in India saw significant improvements in English literacy. 79% of graduates from a vocational training program in Gaza successfully found jobs immediately after graduation. Farmers in Bangladesh witnessed a 68% increase in the variety of food grown in gardens. 43% of girls in Ethiopia now have regular access to sanitary pads, a 23% increase from the baseline.
Through MCC’s Disaster Response program, MCC sent 475,560 lb of canned meat to 208,149 people in F2023.
MCC Canada’s Peacebuilding program joined a coalition of relief agencies that lobbied the Canadian government to enact Bill C-41. This Bill, which became law on June 20, 2023, allows relief organizations (such as MCC) to provide aid to Afghanistan.
While Ci highlights these key results, they may not be a complete representation of Mennonite Central Committee BC results and impact.
This charity is not yet rated on impact (n/r).
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Finances
MCC BC manages a $284.3.m Legacy Trust (MCC Legacy Trust), which represents donated land and buildings given to the charity to generate revenue that it can use for programs. These subsidiaries are wholly owned for-profit companies. In F2023, MCC BC recorded a loss of $648k in equity income from investment in subsidiaries. This amount is not included in the total revenues listed in the Financial Review.
Learn more: Globe and Mail's story about Mary and Henry Rempel who left a $229.6 million donation in property to MCC BC, September 23, 2023. This amount is recorded in donated goods in kind.
MCC BC received $13.9m in donations and special events revenue in F2023. The charity spent $15.0m on its programs and grants, which is 75% of revenue (excluding donated goods). Excluding donated goods, MCC BC recorded a surplus of $3.8m, which is 16% of revenue (excluding donated goods).
Administrative costs are 5% of revenue (excluding investment income and donated goods), and fundraising costs are 6% of donations. For every dollar donated to MCC BC, 90 cents are available to go to the cause, which is within Ci’s reasonable range.
MCC BC has $294.7m in reserve funds (cash and assets in subsidiaries), a 387% increase compared to $60.6m in F2022. The charity has $284.3m in donor-endowed funds. Excluding donor-endowed funds, the charity’s reserves can cover its annual program and grant costs (less 5% of endowed funds) for over 14 years. Before the $229.6m donation of property, the charity’s reserves could cover 51%, or half a year of its annual program and grant costs.
This charity report is an update that has been sent to MCC BC for review. Changes and edits may be forthcoming.
Updated on August 21, 2024 by Liam Chapleau.
Financial Review
Fiscal year ending March
|
2023 | 2022 | 2021 |
---|---|---|---|
Administrative costs as % of revenues | 4.9% | 3.6% | 5.8% |
Fundraising costs as % of donations | 5.5% | 3.3% | 5.1% |
Total overhead spending | 10.3% | 6.9% | 10.9% |
Program cost coverage (%) | 1,406.8% | 50.5% | (24.9%) |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
---|---|---|---|
Donations | 12,753 | 13,104 | 6,260 |
Goods in kind | 229,796 | 120 | 115 |
Government funding | 676 | 1,334 | 1,622 |
Fees for service | 974 | 901 | 822 |
Business activities (net) | 3,210 | 2,984 | 1,556 |
Special events | 1,151 | 1,117 | 851 |
Investment income | (381) | 6,022 | 1,747 |
Other income | 1,517 | 908 | 525 |
Total revenues | 249,697 | 26,489 | 13,499 |
Program costs | 3,790 | 3,397 | 3,088 |
Grants | 11,164 | 9,647 | 6,320 |
Donated goods exp | 0 | 0 | 0 |
Administrative costs | 997 | 731 | 683 |
Fundraising costs | 760 | 473 | 364 |
Total spending | 16,711 | 14,248 | 10,456 |
Cash flow from operations | 232,986 | 12,240 | 3,043 |
Capital spending | (1,093) | (86) | 258 |
Funding reserves | 294,713 | 60,560 | 47,764 |
Note: PAYABLE TO MCC CANADA: Ci adjusted for the amount due to MCC Canada within grants, affecting expenses by ($1.1m) in F2023, ($1.0m) in F2022, and $297k in F2021. THRIFT SHOP EXPENSES: Ci accounts for business activities, such as a thrift shop, on a revenue net expenses basis. This affected revenue and expenses by ($5.8m) in F2023, ($5.9m) in F2022, and ($5.2m) in F2021. DEFERRED REVENUE: Ci adjusted for deferred revenue, affecting donations by $334k in F2023, $2.6m in F2022, and $202k in F2021. DONATIONS FROM MCC CANADA: Ci moved donations from MCC Canada to other revenue.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
2 |
$80k - $120k |
8 |
$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:
Charity Contact
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