90 Eglinton Ave. East, Suite 400
Toronto, ON M4P 2Y3
President & CEO: Sevaun Palvetzian
Board Chair: James McPhedran

Charitable Reg. #:12268 0572 RR0001

STAR RATING

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

[Charity Rating: 3/5]

✔+

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.

Fair

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.

64%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 64 cents are available for programs.



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OVERVIEW

About UNICEF Canada:

UNICEF Canada is a 3-star charity and one of Canada’s largest charities. It has an above-average results reporting score of B+ and is financially transparent. The charity has reasonable overhead costs of 36% and has been rated Fair for demonstrated impact per dollar spent.

Founded in 1955, UNICEF Canada is a charity that raises money for the United Nations Children’s Fund (UNICEF). UNICEF is a UN agency that aims to protect children’s rights across the globe. UNICEF Canada’s mission is to empower Canadians to invest in the improvement of every child’s future. It does this by providing life-saving humanitarian aid including water, vaccines, and medical equipment to people in vulnerable communities. In F2023, UNICEF Canada spent $31.5m to fund UNICEF’s international programs and spent $4.3m on advocacy and research programs in Canada. UNICEF Canada funds three main international program areas: Emergency Response; Highest Priority Needs; and Education, Water and Sanitation, and Child Protection.

Emergency Response programs represented 41% of program costs in F2023. These programs provide humanitarian aid to people in emergency situations. In F2023, UNICEF Canada reached 2.5 million people with assistance in Syria, including access to safe water and hygiene supplies, as well as helping more than 140,000 children access education.

Highest Priority Needs programs represented 32% of program costs in F2023. These programs provide basic needs to children in the most danger around the world. This program area acts as a flexible fund that allows UNICEF Canada to respond quickly wherever children are the most at risk. In F2023, UNICEF Canada provided 20,665 life-saving survival gifts to nine million children. The contents of these gifts are chosen by donors and can include items like food rations, vaccines, and learning materials.

Education, Water and Sanitation, and Child Protection programs represented 14% of program costs in F2022. The programs aim to increase access to clean water and formal education for children everywhere. They also aim to prevent violence towards and exploitation of children in less developed countries. In F2023, the charity supplied 442 solar-powered water pumps to provide safe water for children and their communities and offered mental health and psychosocial support to 10.8 million children and caregivers.

The remaining 13% of program costs went to Health, Nutrition, and HIV/AIDS programs (9%); and Canadian Advocacy and Research programs (4%).

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Results and Impact

Through UNICEF’s efforts to administer vaccines and promote hygienic childbirth practices, 48 out of the 59 remaining at-risk countries have eliminated tetanus since 2000, with Mali becoming the most recent country to eliminate the disease in 2023.

In F2023, UNICEF Canada played a lead advocacy and advisory role in having the Department of Justice Canada adopt the Child Rights Impact Assessment (CRIA), which is a tool to help ensure new laws and policies are good for children and youth.

The charity also helped build the first water pump in a community suffering from diarrhea and dysentery due to unsafe drinking water, helping 10,000 people.

In F2023, 26.8 million children were vaccinated against measles and 9.8m people received insecticide treated nets to prevent malaria. UNICEF also helped 5.5 million people in Ukraine access safe drinking water.

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

Charity Intelligence has given UNICEF Canada a Fair impact rating based on demonstrated impact per dollar spent.

Impact Rating: Fair

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Finances

UNICEF Canada is one of Canada’s largest charities by donations. In F2023, UNICEF Canada had Canadian donations of $50.6m and international donations of $2.1m.

The charity received $1.3m in government funding representing 2% of total revenues.

Administrative costs are 5% of revenues (less investment income) and fundraising costs are 30% of donations. This results in total overhead spending of 36%, which is outside of Ci’s reasonable range for overhead spending. 

UNICEF Canada has $21.5m in reserve funds. These reserve funds are the charity’s cash and investments. The charity has 7 months of annual program costs covered by its current reserves.

In F2023, UNICEF Canada paid external fundraisers $6.0m. These external fundraisers raised $15.5m in donations. This means it costs the charity $0.39 to raise $1 using external fundraisers.  

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

Updated on July 19, 2024, by Lily Ferguson.

 

Financial Review


Financial Ratios

Fiscal year ending December
202320222021
Administrative costs as % of revenues 5.4%3.9%3.5%
Fundraising costs as % of donations 30.3%26.0%26.1%
Total overhead spending 35.7%29.9%29.6%
Program cost coverage (%) 60.1%49.0%25.0%

Summary Financial Statements

All figures in $000s
202320222021
Donations 50,56163,37962,070
International donations 2,1312,7383,323
Government funding 1,3222511,766
Business activities (net) 43404152
Investment income 76841031
Other income 5125
Total revenues 54,83166,95777,365
Program costs 4,3023,7415,446
Grants 31,46037,82753,733
Administrative costs 2,9282,6062,705
Fundraising costs 15,33716,46316,182
Total spending 54,02860,63878,066
Cash flow from operations 8036,319(701)
Capital spending 159158189
Funding reserves 21,48120,38914,765

Note: Ci reported government funding based on the Charity’s T3010 filing with the CRA and the audited financial statements. To report on a cash basis, Ci reported amounts received from UNICEF during the year rather than amounts recognized as revenue. This affected total revenues by ($181k) in F2023, ($130k) in F2022, and ($116k) in F2021. Ci adjusted for changes in deferred contributions, affecting total revenues by ($297k) in F2023, ($137k) in F2022, and ($165k) in F2021. Ci backed out amortization of deferred capital contributions from other income, affecting total revenues by ($27k) in F2023, ($27k) in F2022, and ($27k) in F2021. Ci adjusted grants to UNICEF by changes in amounts payable to UNICEF. This affected total expenses by ($1.1m) in F2023, ($6.5m) in F2022, and $581k in F2021.  

Salary Information

Full-time staff: 89

Avg. compensation: $90,220

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
2
$200k - $250k
2
$160k - $200k
3
$120k - $160k
3
$80k - $120k
0
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2023

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Comments & Contact

Comments added by the Charity:

UNICEF is the world’s leading humanitarian organization for children. Across more than 190 countries and territories, we work tirelessly to help children survive and have a chance at a better future. UNICEF defends every child’s right to a childhood, so they can grow up safe, healthy, and able to reach their potential. UNICEF is the only organization named in the 1989 United Nations Convention on the Rights of the Child as the world’s source of expert assistance and advice. While UNICEF is part of the UN system, we rely entirely on voluntary contributions from individuals, foundations and corporations. UNICEF also receives grants from governments around the world who trust us to make a difference for children.

UNICEF Canada is a National Committee of UNICEF, mandated to fundraise and advocate for the well-being of children around the world, and in Canada. UNICEF Canada strives to be the leading advocate for children’s rights with governments at all levels. We also engage children and youth in decision-making, and amplify their voices in policy-making and priority-setting. For the next four years, UNICEF Canada is focused on the following priorities to defend the right to a childhood. Globally, these priorities are the global learning crisis; malnutrition; improving children’s health and survival; supporting children and families in humanitarian situations; and the climate crisis. In Canada, we continue to advocate for family-friendly policies and child-friendly governance, while working to amplify the voices of 3,000 marginalized youth through unique learning and advocacy opportunities.

UNICEF has unique influence with governments. This means that all our initiatives are scalable and many are adopted by host governments to be sustained over many years, creating a multiplier effect for Canadian donor dollars. UNICEF’s core priority areas are education, health, nutrition, protection, and Water, Sanitation & Hygiene (WASH). Every year, UNICEF helps to vaccinate nearly half the world’s children under age five. Vaccines are one of the simplest, most cost-effective and most successful ways to save children’s lives. UNICEF is also the world’s largest collector of data about every aspect of being a child, making us the global expert on what it takes to protect the right to a childhood.

In 2021, UNICEF provided assistance in 483 humanitarian crises in 153 countries. These included natural disasters, armed conflicts, and nutrition and health emergencies including the COVID-19 pandemic. During emergencies, UNICEF is the world’s lead on WASH and nutrition, and is co-lead on education with a focus on girls’ education. This leadership ensures that emergency response efforts meet stringent standards, and are coordinated to ensure the most effective deployment of resources. We are in countries before, during and after an emergency, giving us the ability to mobilize quickly and achieve impact. UNICEF’s logistics capacity is unrivalled, anchored by the world’s largest humanitarian supplies warehouse (in Copenhagen, Denmark), giving us the ability to quickly deploy life-saving materials around the world.

Charity Contact

Website: www.unicef.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 1-800-567-4483

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Charitable Registration Number: 80340 7956 RR0001