Young Life of Canada
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔
FINANCIAL TRANSPARENCY
Most recent Audited financial statements available on the charity’s website.
F
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Low
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.
87%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 87 cents are available for programs.
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OVERVIEW
About Young Life of Canada:
Young Life of Canada is a 1-star charity with Low impact. It has an F in results reporting, meaning it publicly reports very little information about its programs. The charity has $1.4m in funding reserves that can cover just under two months of program costs. Before you give, read Charity Intelligence's report.
Founded in 1954, Young Life of Canada’s mission is to care for Canadian teenagers and encourage them to know Jesus Christ. The charity works to accomplish this by creating meaningful relationships between leaders and teens and creating spaces where teens are listened to, and where questions of life and faith can be discussed.
Young Life of Canada has six major programs: Contact Work, Club, Campaigners, Camp, Skatelife, and Capernaum.
Contact Work has leaders who spend time with teens at schools, sporting events, malls, coffee shops, and skate parks. Club consists of regular meetings hosted by volunteer leaders and staff to talk about their lives and the Christian faith. Campaigners hosts small-group meetings where student leaders can grow in faith and discuss leadership of the local Young Life club.
Camp provides an opportunity for teens on the west coast to attend the RockRidge Canyon resort camp near Princeton, BC. It also provides an opportunity for teens in Ontario to attend the Saranac Village camp in New York. These camps help teens build friendships and a sense of significance. The RockRidge Canyon resort camp has 1,500 acres of property, a private lake, a ranch home, and a barn.
Skatelife has staff who immerse themselves in the “skate scene” and build relationships with the teens there. Finally, Capernaum is a program to help young people with intellectual and developmental disabilities to develop friendships and build self-esteem through meetings, camps, and other activities.
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Results and Impact
Young Life has been rated as Low impact based on demonstrated social impact per dollar spent.
Impact Rating: Low
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Finances
Charity Intelligence has consolidated the financial statements of Young Life of Canada and Young Life of Canada Foundation.
Young Life of Canada received $8.9m in donations in F2021. It also received $1.3m in government funding (12% of total revenues). Administrative costs are 8% of revenues and fundraising costs are 5% of donations. Young Life of Canada spends 13% on overhead. This means for every dollar donated, 87 cents go towards the charity’s programs. This is within Ci’s reasonable range for overhead spending.
Young Life of Canada has $1.4m in net funding reserves which can cover program costs for just under two months.
This charity profile is an update that was sent to Young Life of Canada for review. Changes and edits may be forthcoming.
Updated July 5, 2022 by Emma Saganowich.
Financial Review
Fiscal year ending September
|
2021 | 2020 | 2019 |
---|---|---|---|
Administrative costs as % of revenues | 8.3% | 8.7% | 8.5% |
Fundraising costs as % of donations | 4.6% | 5.0% | 5.1% |
Total overhead spending | 12.9% | 13.7% | 13.5% |
Program cost coverage (%) | 16.0% | (8.3%) | (11.5%) |
Summary Financial StatementsAll figures in $000s |
2021 | 2020 | 2019 |
---|---|---|---|
Donations | 8,929 | 7,921 | 7,962 |
Government funding | 1,304 | 1,630 | 158 |
Fees for service | 191 | 360 | 1,355 |
Business activities (net) | 538 | 619 | 1,538 |
Investment income | 1 | 4 | 2 |
Other income | 142 | 238 | 358 |
Total revenues | 11,104 | 10,771 | 11,373 |
Program costs | 8,852 | 8,529 | 9,642 |
Administrative costs | 917 | 937 | 964 |
Fundraising costs | 414 | 396 | 403 |
Other costs | 6 | 1 | 194 |
Total spending | 10,189 | 9,862 | 11,204 |
Cash flow from operations | 915 | 909 | 170 |
Capital spending | 0 | 0 | 0 |
Funding reserves | 1,412 | (711) | (1,112) |
Note: Ci reported merchandise sales net of expenses, affecting revenues and expenses by ($25k) in F2021, ($34k) in F2020, and ($83k) in F2019. Ci has included unrealized investment gain (loss) in revenues, affecting revenues by $740 in F2021, $730 in F2020, and ($60) in F2019. Ci did not include gain on dental self-insurance which affected revenues by ($62k) in F2020 and ($21k) in F2019. Ci did not include gain on sale of assets which affected revenues by ($28k) in F2021, ($20k) in F2020, and ($56k) in F2019. Ci used government funding revenue from the charity’s T3010 filing with the CRA and backed out the amount from donations. Ci used the charity’s T3010 filing to break down program, administrative, and fundraising costs. Ci has backed out amortization from program, administration, and fundraising on a pro-rata basis.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
2 |
$120k - $160k |
5 |
$80k - $120k |
3 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2021
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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: 604 881-6023