Canadian Council of Churches
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.
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.
81%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 81 cents are available for programs.
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OVERVIEW
About Canadian Council of Churches :
Canadian Council of Churches is a 3-star charity. It is financially transparent, has spending within Ci's reasonable range, and below-average reporting of its results for donors. With its current reserves the charity can cover eight months of annual program costs.
Founded in 1944, Canadian Council of Churches (CCOC) is a conglomerate of 26 member churches of Christian faith, including Anglican, Catholic, Evangelical, Orthodox, Free Church, and Protestant groups. CCOC’s mission is to “respond to Christ’s call for unity and peace, seek Christ’s truth with affection for diversity, and act in love through prayer, dialogue, and witness to the gospel.”
Canadian Council of Churches states that it studies, speaks, and acts on topics that involve moral and spiritual principles. CCOC oversees multiple forums to foster discussions between its member churches. Its Commission on Faith and Wellness brings member churches together in “theological reflection” to promote understanding and cooperation. It runs a Commission on Justice and Peace, where member churches discuss peace and social justice in Canada and globally, as well as a Faith and Life Sciences Reference Group for member churches to share and exchange information on biotechnology. CCOC also runs a Forum for Intercultural Leadership and Learning, a Global Ecumenical Relations Network, and a Christian Interfaith Reference Group. In F2022, CCOC published two publications about biotechnology and faith and one publication about interfaith relations.
Canadian Council of Churches is the controlling body of Project Ploughshares. Established in 1976, Project Ploughshares is a research institute that analyzes peace and security issues to identify the root causes of armed conflict and create measures and policies for world peace. Its major areas of research and policy work are nuclear disarmament, arms trade, emerging technology, and space security.
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Results and Impact
Canadian Council of Churches states that it partnered with Amnesty International Canada and Canadian Council for Refugees to challenge the constitutionality of the Safe Third Country Agreement (STCA). The charity reports that in December 2021, the Supreme Court made a decision to hear the STCA appeal, which is a promising step for refugee rights.
While Ci highlights these key results, they may not be a complete representation of Canadian Council of Churches’ results and impact. This charity is not yet rated on impact (n/r).
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Finances
The following financial analysis uses the consolidated audited financial statements of Canadian Council of Churches and Project Ploughshares.
Canadian Council of Churches had total Canadian donations of $1.2m in F2022. Administrative costs are 16% of revenues (less investment income) and fundraising costs are 3% of donations. This results in total overhead spending of 19%. For every dollar donated, 81 cents go to the cause, which is within Ci’s reasonable range for overhead spending.
CCOC has reserve funds of $1.5m, of which $665k is donor endowed. Excluding donor-endowed funds, the charity could cover 64% or eight months of its annual program costs with reserves.
This report is an update that has been sent to Canadian Council of Churches for review. Comments and edits may be forthcoming.
Updated on August 16, 2023 by Alessandra Castino.
Financial Review
Fiscal year ending December
|
2022 | 2021 | 2020 |
|---|---|---|---|
| Administrative costs as % of revenues | 15.7% | 17.4% | 13.3% |
| Fundraising costs as % of donations | 3.1% | 3.6% | 4.2% |
| Total overhead spending | 18.8% | 20.9% | 17.5% |
| Program cost coverage (%) | 63.9% | 77.4% | 83.9% |
Summary Financial StatementsAll figures in $s |
2022 | 2021 | 2020 |
|---|---|---|---|
| Donations | 1,184,623 | 1,041,472 | 985,206 |
| Government funding | 62,463 | 146,499 | 360,919 |
| Investment income | (69,984) | 133,271 | 63,863 |
| Other income | 83,856 | 63,851 | 29,351 |
| Total revenues | 1,260,958 | 1,385,093 | 1,439,339 |
| Program costs | 1,364,222 | 1,249,487 | 1,192,310 |
| Donated goods exp | 7,000 | 5,650 | 5,200 |
| Administrative costs | 208,431 | 217,293 | 183,452 |
| Fundraising costs | 36,685 | 37,118 | 40,993 |
| Total spending | 1,616,338 | 1,509,548 | 1,421,955 |
| Cash flow from operations | (355,380) | (124,455) | 17,384 |
| Capital spending | 7,534 | 4,115 | 24,329 |
| Funding reserves | 1,514,861 | 1,872,583 | 1,982,197 |
Note: Ci reported program, administrative, and fundraising costs from the charity’s T3010 filings with the CRA. Amortization allocated to office and administration expenses has been backed out of administrative costs. Ci adjusted for deferred donations affecting total expenditures by $32k in F2022, ($18k) in F2021, and $8k in F2020.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
2 |
$80k - $120k |
2 |
$40k - $80k |
1 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2022
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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: 416-972-9494