SOS Children's Villages 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.
A-
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.
46%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 46 cents are available for programs.
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OVERVIEW
About SOS Children's Villages Canada:
SOS Children's Villages Canada is a 3-star charity. It is financially transparent, has overhead costs outside Ci's reasonable range, and an above average results reporting grade.
Founded in 1969, SOS Children’s Villages Canada (SOS Canada) is the Canadian branch of SOS Children’s Villages. SOS Children’s Villages is an international aid charity that focuses on supporting orphaned children. It constructs Children’s Villages, which provide children with a house, a local guardian trained by SOS, and a similarly-aged peer group. A typical Children’s Village has 10-15 homes and includes a nursery school, primary school, medical centre, or a social centre.
In F2023, SOS Canada reports that it spent 47% of program spending in Sub Saharan Africa, 20% in Asia, 13% in Latin America and the Caribbean, 14% in North America and Europe, and 6% in the Middle East and North Africa. SOS Canada runs several core programs, including the construction of Children’s Villages, family strengthening programs, emergency aid programs, economic empowerment programs, and education programs. It does not provide a breakdown of spending by program.
In F2023, SOS Canada reports that it helped 1,385,800 people with its emergency aid programs. In Ukraine, it provided educational support to 2,481 refugee Ukrainian children who had been forced to flee to Hungary and Romania. Overall, it supported 246,251 Ukranians with its emergency response programs, including 148,418 children.
In F2023, SOS Canada reports that it helped 69,000 people with its alternative care programs, 238,900 with its education programs, 654,000 with its health programs, and 549,800 with its economic empowerment programs.
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Results and Impact
Based on surveys taken one to six years after program completion, 92% of former program participants report that their care and relationship skills are doing well. 59% of respondents reported that they are self-reliant thanks to education and employment programs. 72% of respondents are securing basic needs, and 82% are experiencing social and emotional well-being and are safe from discrimination. The charity reports that based on its analysis of its programs, one dollar donated results in $4.50 of social impact.
While Ci highlights these key results, they may not be a complete representation of SOS Children’s Villages Canada’s results and impact.
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Finances
In F2023, SOS Children’s Villages Canada received $6.8m in Canadian donations. Total fundraising costs are 41% of donations and administrative costs are 13% of total revenues. This results in a total overhead spending of 54%. For every dollar donated,46 cents are available to go to the cause. This is outside Ci’s reasonable range for overhead spending.
SOS Children’s Villages Canada has $5.8m in reserve funds. This can cover program costs for over nine months.
According to its most recent available filing with the Charities Directorate in F2022, SOS uses external fundraisers. It paid $1.6m to raise $2.0m, for a cost of 77 cents to raise a dollar.
SOS Children’s Villages Canada reports related party transactions. In F2023, it distributed $5.7k to SOS Children’s Villages British Columbia, $1.9m to SOS Sponsorships, and $4.3m to SOS International.
Charity Intelligence has sent this update to SOS Children’s Villages Canada for review. Changes and edits may be forthcoming.
Updated on August 29, 2024 by Ben Dobozy
Financial Review
Fiscal year ending December
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 13.2% | 7.0% | 4.9% |
| Fundraising costs as % of donations | 41.2% | 25.9% | 16.5% |
| Total overhead spending | 54.4% | 32.9% | 21.4% |
| Program cost coverage (%) | 79.4% | 93.5% | 186.3% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 7,641 | 7,066 | 10,452 |
| International donations | 144 | 135 | 1,604 |
| Government funding | 0 | 4,000 | 0 |
| Investment income | 136 | 47 | 82 |
| Other income | 6 | 14 | 23 |
| Total revenues | 7,928 | 11,263 | 12,161 |
| Program costs - International | 719 | 4,495 | 1,015 |
| Program costs - Canada | 533 | 311 | 305 |
| Grants | 6,028 | 5,092 | 3,685 |
| Administrative costs | 1,031 | 779 | 590 |
| Fundraising costs | 3,144 | 1,833 | 1,723 |
| Other costs | 42 | (126) | (119) |
| Total spending | 11,498 | 12,383 | 7,199 |
| Cash flow from operations | (3,570) | (1,120) | 4,963 |
| Capital spending | 5 | 8 | 24 |
| Funding reserves | 5,782 | 9,254 | 9,324 |
Note: Ci included endowment fund investment income in investment income. This affected revenues by ($18k) in F2023, ($26k) in F2022, and $64k in F2021. Ci classified revenues from cooperation agreements and UNICEF USA’s Impact Fund for Children as international donations, and classified associated expenses as international program costs. Ci reported distributions to SOS charities in Canada and internationally as grants. To report on a cash basis, Ci adjusted grants by changes in amounts due to SOS International. This affected expenses by $624k in F2023, ($171k) in F2022, and ($326k) in F2021. Ci included foreign exchange losses (gains) in other costs, affecting expenses by $42k in F2023, ($126k) in F2022, and ($119k) in F2021. To report on a cash basis, Ci adjusted for changes in deferred Canadian donations. This affected Canadian donations and total revenues by ($988k) in F2023, ($1.5m) in F2022, and $946k in F2021. Ci also adjusted for changes in deferred international donations, affecting international donations and total revenues by $nil in F2023, ($1.2m) in F2022, and $1.9m in F2021. Ci adjusted for changes in deferred government funding, affecting government revenues by ($800k) in F2023, $800k in F2022, and $nil in F2021.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
1 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
5 |
$40k - $80k |
3 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2022
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Comments & Contact
Comments added by the Charity:
Comment Added December 2023:
SOS Children’s Villages envisions a world where every child grows up in a nurturing family with the love, respect, and security they need to thrive. We take a holistic child-centred approach to help children, families, and communities succeed in the long term. We strengthen families to prevent child abandonment, provide loving homes for children who lack parental care, educate and empower children to reach their full potential, and advocate for children’s rights so their voices can be heard.
Our impact can be measured over four key categories: breaking the cycle of family separation through care; enabling self-reliance through education and employment; securing a positive and supportive childhood; and empowering children and young people to develop the resilience and support networks they need to set personal goals and move confidently into self-reliant adulthood.
Charity Intelligence Canada is currently updating their model for impact analysis and until this is finished SOS Children’s Villages’ Demonstrated Impact rating will remain N/R. We understand the complexity of this undertaking and look forward to our impact being rated once it’s complete.
In the meantime, we encourage interested individuals to read our program’s impact reports to learn more about how SOS Children’s Villages changes the lives of vulnerable children, their families and people in their communities.
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 613-232-3309