UNICEF Canada
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.
B+
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.
70%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 70 cents are available for programs.
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OVERVIEW
About UNICEF Canada:
UNICEF Canada is a three-star charity and one of Canada's largest charities. It has an above average results reporting grade and is financially transparent. UNICEF Canada has low funding reserves. Although the charity has reasonable overhead spending, it has high fundraising costs and fair demonstrated impact resulting in a rating of three stars.
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 F2022, UNICEF Canada spent $37.8m to fund UNICEF’s international programs and spent $3.7m on advocacy and research programs in Canada. UNICEF Canada funds three main program areas: Emergency Response; Highest Priority Needs; and Education, Water and Sanitation, and Child Protection.
Emergency Response programs represented 39% of program costs in F2022. These programs provide humanitarian aid to people in emergency situations. During F2022, UNICEF Canada helped provide medical supplies to 1,005 facilities in Ukraine. It also built bomb shelters at 50 hospitals. In Yemen, UNICEF Canada helped fund the treatment of 375,388 children for severe acute malnutrition.
Highest Priority Needs programs represented 27% of program costs in F2022. 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 F2022, UNICEF Canada provided 35,050 life-saving survival gifts to 3,658,263 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 23% 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 F2022, the charity’s UNdaunted education project reached 291,589 children in Ghana, Somalia, South Africa, Tanzania, and Uganda. Its Women Unlimited education program reached 102,591 children in Bolivia, Ghana, and Mongolia.
The remaining 11% of program costs went to Health, Nutrition, and HIV/AIDS programs; and Canadian Advocacy and Research programs.
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Results and Impact
During F2022, UNICEF Canada funded 612 water pumps that provide water to 91,800 people. The charity states that these pumps can be used for ten years. UNICEF Canada funding also helped UNICEF vaccinate 23.8 million children against measles during F2022.
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 F2022, it received $63.4m in Canadian donations and an additional $2.7m in donations from UNICEF. Fundraising costs are 26% of donations and administrative costs are 4% of total revenues. Total overhead spending is 30%. For each dollar donated, 70 cents go to the cause. This is within Ci’s reasonable range for overhead spending.
Reserve funds of $20.4m can cover program and grant costs for just under 6 months at the F2022 level.
UNICEF Canada paid external fundraisers $7.2m to raise $14.0m for a cost of 52 cents per dollar raised.
Charity Intelligence has sent this update to UNICEF Canada for review. Changes and edits may be forthcoming.
Updated on July 20th, 2023 by Emily Downing.
Financial Review
Fiscal year ending December
|
2022 | 2021 | 2020 |
---|---|---|---|
Administrative costs as % of revenues | 3.9% | 3.5% | 3.3% |
Fundraising costs as % of donations | 26.0% | 26.1% | 23.4% |
Total overhead spending | 29.9% | 29.6% | 26.6% |
Program cost coverage (%) | 49.0% | 25.0% | 29.7% |
Summary Financial StatementsAll figures in $000s |
2022 | 2021 | 2020 |
---|---|---|---|
Donations | 63,379 | 62,070 | 48,157 |
International donations | 2,738 | 3,323 | 1,944 |
Government funding | 25 | 11,766 | 10,483 |
Business activities (net) | 404 | 152 | 268 |
Other income | 411 | 55 | 70 |
Total revenues | 66,957 | 77,365 | 60,922 |
Program costs | 3,741 | 5,446 | 3,771 |
Grants | 37,827 | 53,733 | 41,908 |
Administrative costs | 2,606 | 2,705 | 1,984 |
Fundraising costs | 16,463 | 16,182 | 11,258 |
Total spending | 60,638 | 78,066 | 58,921 |
Cash flow from operations | 6,319 | (701) | 2,001 |
Capital spending | 158 | 189 | 165 |
Funding reserves | 20,389 | 14,765 | 13,570 |
Note: Ci reported product sales net of expenses in business activities. This affected revenues and expenses by ($31k) in F2020. The charity did not report product expenses in F2021 or F2022. Ci reported government funding based on the Charity’s T3010 filing with the CRA and allocated remaining amounts categorized as Government of Ontario and other grants to Canadian donations. 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 ($130k) in F2022, ($116k) in F2021, and ($58k) in F2020. Ci adjusted for changes in deferred contributions, affecting total revenues by ($137k) in F2022, ($165k) in F2021, and ($139k) in F2020. Ci backed out amortization of deferred capital contributions from other income, affecting total revenues by ($27k) in F2022, ($27k) in F2021, and ($27k) in F2020. Ci adjusted grants to UNICEF by changes in amounts payable to UNICEF. This affected total expenses by ($6.5m) in F2022, $581k in F2021, and ($2.1m) in F2020.
Salary Information
$350k + |
0 |
$300k - $350k |
1 |
$250k - $300k |
0 |
$200k - $250k |
2 |
$160k - $200k |
5 |
$120k - $160k |
2 |
$80k - $120k |
0 |
$40k - $80k |
0 |
< $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
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