SIM Canada
Scarborough, ON M1W 2S5
Executive Director: John Denbok
Board Chair: Brad Farquhar
Website: www.sim.ca
Charitable Reg. #: 12994 7537 RR0001
Charity Rating
Results Reporting
Grade: C
The grade is based on the charity's public reporting of the work it does and the results it achieves.Financial Transparency
Need for Funding
Spending Breakdown
Cents to the Cause
| ♦ | ♦ | ♦ | |
| 95¢ | |||
| 75¢ | |||
| avg | |||
| 65¢ | |||
| 50¢ | |||
| 2014 | 2015 | 2016 |
Full-time staff #147
Avg. Compensation $38,417
Top 10 Staff Salary Range
| $350k + | 0 |
| $300k - $350k | 0 |
| $250k - $300k | 0 |
| $200k - $250k | 0 |
| $160k - $200k | 0 |
| $120k - $160k | 0 |
| $80k - $120k | 1 |
| $40k - $80k | 9 |
| < $40k | 0 |
About SIM Canada:
SIM Canada is the Canadian faction of Serving in Mission (SIM) International, which was founded in 1893. SIM sends missionaries to more than 65 countries, and states that their purpose is that “no one should live and die without hearing God's good news, we believe that He has called us to make disciples of the Lord Jesus Christ in communities where he is least known.”
In addition to missionary services, 15% of SIM Canada’s program costs go towards supporting emergency relief efforts in South Sudan and Ethiopia, where people are at risk of starvation because of severe drought conditions and intensifying conflict. SIM Canada states that 1.4 million children in East Africa are now at risk of death due to malnutrition.
Since inception, SIM claims that because of its services, over 9 million people have become believers and more than 18,000 churches have been established.
Financial Review:
SIM Canada is a big-cap charity with $10.7m in donations in F2016, including $993k in donations from outside of Canada. Its administrative costs are 13% of revenues and its fundraising costs are 1% of donations. For every dollar donated, 87 cents go towards SIM Canada’s programs, falling within Ci’s reasonable range. SIM Canada has total funding reserves of $9m, resulting in a program cost coverage ratio of 101%. This means that the charity can cover 1 year of its annual program costs using its existing reserves.
This charity report is an update that is being reviewed by SIM Canada. Changes and edits may be forthcoming.
Updated June 30, 2017 by Kevin Silberberg.
Financial RatiosFiscal year ending September |
2016 | 2015 | 2014 |
|---|---|---|---|
| Administrative costs as % of revenues | 12.6% | 13.6% | 13.1% |
| Fundraising costs as % of donations | 0.6% | 1.1% | 1.5% |
| Program cost coverage (%) | 100.5% | 96.0% | 90.2% |
Summary Financial StatementsAll figures in $000s |
2016 | 2015 | 2014 |
|---|---|---|---|
| Donations | 10,669 | 10,660 | 9,950 |
| Investment income | 514 | 91 | 410 |
| Other income | 101 | 94 | 104 |
| Total revenues | 11,284 | 10,845 | 10,464 |
| Program costs - International | 8,484 | 8,211 | 8,170 |
| Program costs - Canada | 475 | 471 | 562 |
| Administrative costs | 1,361 | 1,458 | 1,312 |
| Fundraising costs | 69 | 112 | 144 |
| Cash flow from operations | 896 | 593 | 276 |
| Funding reserves | 9,006 | 8,335 | 7,875 |
For more information on Canadian charities, please visit www.charityintelligence.ca
The information in this report was prepared by Charity Intelligence Canada and its independent analysts from publicly-available information. Charity Intelligence Canada and its analysts have made endeavours to ensure that the data in this report is accurate and complete but accept no liability.
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