Inter-Varsity Christian Fellowship of Canada

1 International Boulevard
Toronto, ON M9W 6H3
President: Nigel Pollock
Board Chair: Margie Stinton

Charitable Reg. #:10751 3160 RR0001

STAR RATING

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

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FINANCIAL TRANSPARENCY

Audited financial statements available only through official request for information from Charities Directorate.

C-

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.

97%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 97 cents are available for programs.



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Programs

About Inter-Varsity Christian Fellowship of Canada:

Founded in 1929, Inter-Varsity Christian Fellowship of Canada (Inter-Varsity) works to inspire and support youth and students to follow Jesus through summer camps and university campus groups. The charity states that “the purpose of Inter-Varsity Christian Fellowship of Canada is the transformation of youth, students and graduates, in all their ethnic diversity, into fully committed followers of Jesus Christ.” Inter-Varsity reports that it is currently reaching 36,000 youth and students. Of these youth, 47% were university students, 31% were in middle or high school, and 22% were in grade school.

The charity’s Campus program includes groups that offer Bible studies, leadership development, prayer groups, social events, and outreach opportunities.

Inter-Varsity operates a summer camp that provides a safe space where youth can explore the outdoors and participate in intentional activities and mentorships that foster their spiritual development. The camp also offers rentals and retreats for church groups.

Inter-Varsity runs short-term mission trips for youth, including both ministry trips with the International Fellowship of Evangelical Students and local service trips to serve in urban centres. The charity runs Urbana, a triennial student mission conference that brings together university students, pastors, church leaders, and schools.

The charity did not report any paid staff for F2016. 

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Finances

Inter-Varsity Christian Fellowship of Canada was scored as 0 for financial transparency as it did not provide its financial statements to Ci when requested. As such, we have used the most recent financial information available, from a request from the CRA. Inter-Varsity Christian Fellowship of Canada is a Large charity, receiving $10.5m in donations in F2016. Administrative costs are 3% (excluding investment income). The charity does not report any fundraising costs on its audited financial statements, nor its 2016 T3010 filing with the CRA. For every dollar donated, 97 cents go towards Inter-Varsity’s programs, which is outside of Ci’s reasonable range for overhead spending. Inter-Varsity has funding reserves of $228k, which can cover annual program costs for less than one month.  

This is a new report that has been sent to Inter-Varsity Christian Fellowship of Canada for review. Changes and edits may be forthcoming.  

Profile created July 26, 2019 by Caroline McKenna.  

Financial Review


Financial Ratios

Fiscal year ending August
20162015
Administrative costs as % of revenues 2.8%2.9%
Fundraising costs as % of donations 0.0%0.0%
Total overhead spending 2.8%2.9%
Program cost coverage (%) 1.2%2.0%

Summary Financial Statements

All figures in $000s
20162015
Donations 10,47710,001
Business activities (net) 8,0637,990
Investment income 8523
Total revenues 18,62518,014
Program costs 17,81016,542
Grants 573795
Administrative costs 520519
Total spending 18,90317,856
Cash flow from operations (278)157
Capital spending 8782,336
Funding reserves 228349

Note: The charity does not report any fundraising costs on its audited financial statements or its T3010 filing with the CRA. To report on a cash basis, Ci removed amortization from program and administrative costs on a pro-rata basis.

Salary Information

Full-time staff: 0

Avg. Compensation $0

Top 10 staff salary range

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

Information from most recent CRA Charities Directorate filings for F2018

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Comments & Contact

Comments added by the Charity:

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Charity Contact

Website: www.ivcf.ca
This email address is being protected from spambots. You need JavaScript enabled to view it.

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