340 Ferrier street, unit 202
Markham, ON L3R 2Z5
Executive Director: Wayne Johnson
Board Chair: Helen Reimer

Charitable Reg. #:10822 2191 RR0001

STAR RATING

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

[Charity Rating: 5/5]

✔+

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.

Good

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.

73%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 73 cents are available for programs.



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OVERVIEW

About Tearfund Canada:

Tearfund Canada is a top-rated five-star charity with a high results reporting grade and overhead spending within Ci's reasonable range. The charity is financially transparent and has funding reserves that can cover less than a year of program costs. Tearfund Canada has good demonstrated impact.

Founded in 1982, Tearfund Canada (TFC) is a Christian charity that works to end poverty across the globe. Tearfund Canada uses a model of church-based community transformation where it delivers aid and training to people through partnerships with local churches. Tearfund was formerly called World Relief Canada. Tearfund Canada works collaboratively with nine other independent Tearfund offices in different countries. Tearfund Canada is a member of Canadian Foodgrains Bank (CFGB) which is a partnership of 15 Canadian churches working together to end global hunger. Each member of CFGB has an account with the charity that holds funding for collaborative relief programs. Tearfund Canada’s charitable programs are Relief and Rehabilitation, Development, and Education. In F2021, the charity spent $5.7m on its programs

A Charity Intelligence 2023 Top 100 Rated Charity

In F2021, TFC spent 63% of program spending on Relief and Rehabilitation. This program involves delivering emergency aid to people in disaster zones and working with local churches to stop gender-based violence. Emergency aid includes food, water, shelter, sanitation, and medical care. In F2021, the charity reports that 292,207 people benefitted from emergency aid and 314,740 women and girls were empowered. Emergency aid was distributed in seven different countries.

Tearfund Canada spent 36% of its program spending on Development in F2021. The Development program includes agricultural training and Village Savings Groups. Village Savings Groups are groups of 25 to 30 people who create a pooled savings account that can be used to start a business, send children to school, and meet basic needs without relying on exploitative loan sharks. Groups meet weekly and receive training on bookkeeping and business principles. In F2021, 1,202 new savings groups were organized and 63,678 people were in savings groups. During the year, 49,496 people benefitted from agricultural training and 7,000 acres of new land were farmed. Less than 1% of program spending was allocated to Education.

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Results and Impact

In F2021, Tearfund Canada distributed 1,644 metric tons of food to families in disaster situations. It reports that 22% of savings group funds were used to start a new business, 14% were used to pay school fees for children, and 13% were used to buy farming supplies. The charity reports that 13,900 farmers were able to increase their yields by two to three times after being trained in new farming techniques.

While Ci highlights these key results, they may not be a complete representation of Tearfund Canada’s results and impact.

Charity Intelligence has given Tearfund Canada a Good impact rating based on demonstrated impact per dollar spent.

Impact Rating: Good

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Finances

In F2021, Tearfund Canada received $2.9m in Canadian donations. The charity received $4.7m in government funding (59% of total revenue). TFC received $3.2m of its total revenue through its account at CFGB. It reports that contributions to its account at CFGB are typically leveraged by Canadian Foodgrains Bank on a one-to-one basis.

Administrative costs are 7% of total revenue. Fundraising costs are 20% of donations. This results in overhead spending of 27%. For every dollar donated to the charity, 73 cents go to the cause. This is within Ci's reasonable range for overhead spending.

Tearfund has funding reserves of $3.8m (including $1.6m held with Canadian Foodgrains Bank) which can cover program costs for around eight months.

This charity report is an update that has been sent to Tearfund for review. Changes and edits may be forthcoming.

Updated on August 8th, 2022 by Arjun Kapur. 

Financial Review


Financial Ratios

Fiscal year ending June
202120202019
Administrative costs as % of revenues 7.0%6.7%10.9%
Fundraising costs as % of donations 20.0%22.1%32.2%
Total overhead spending 26.9%28.8%43.0%
Program cost coverage (%) 66.1%35.9%20.3%

Summary Financial Statements

All figures in $000s
202120202019
Donations 2,9072,7032,240
Government funding 4,7094,6754,225
Other income 33820054
Total revenues 7,9557,5796,520
Program costs - International 5,6786,9805,521
Administrative costs 555511708
Fundraising costs 580596720
Total spending 6,8138,0886,950
Cash flow from operations 1,142(509)(430)
Capital spending 007
Funding reserves 3,7522,5041,123

Note: Ci has included grants from Global Affairs Canada and others related to the Canadian Foodgrains Bank as government revenue. Amortization has been removed from administrative costs.

Salary Information

Full-time staff: 11

Avg. compensation: $92,257

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
1
$80k - $120k
2
$40k - $80k
7
< $40k
0

Information from most recent CRA Charities Directorate filings for F2021

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.tearfund.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 905-415-8181

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Charitable Registration Number: 80340 7956 RR0001