Cuso International

44 Eccles Street #200
Ottawa, ON K1R 6S4
CEO: Glenn Mifflin
Board Chair: Frank O’Dea

Website: www.cusointernational.org
Charitable Reg. #: 81111 6813 RR0001
Sector: International Aid
Operating Charity

Results Reporting

Grade: B-

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [Audited financial statement for most recent year]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

95¢
75¢
avg
65¢
50¢
2016 2017 2018
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #210

Avg. Compensation $52,465

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 1
$120k - $160k 1
$80k - $120k 8
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2018

About Cuso International:

Founded in 1961, Cuso International (Cuso) aims to reduce poverty and inequality around the world. Cuso works in the Caribbean, Central America, East Africa, North America, Southeast Asia, and West and Central Africa. Cuso’s three focus areas are Community, Health, and Livelihood.

Cuso’s Community program focuses on access to justice, transparency, citizen participation, gender equality, and governance. In F2018, Cuso’s Ending Cycles of Abuse project in Bolivia helped 120 girls and women access paid work. In Columbia, 7,147 people earned certificates through Cuso’s vocational training. In F2018, Cuso helped 3,783 join the workforce.

Cuso’s Health program focuses on maternal, newborn and child health and quality health services. In F2018, 1,120 people benefitted from Cuso’s work in Ethiopia, including marginalized women, community health workers, midwives and nurses. Additionally, 300 Ethiopian women were treated at a new gynecology clinic in F2018.

Cuso’s Livelihood program focuses on job education and skills training, entrepreneurship support, and sustainable agriculture. In F2018, Cuso trained 4,673 Nigerian youth in entrepreneurship, and gave 690 of them technical training. In the Philippines, 72 micro-enterprises were trained and mentored in F2018.

Results and Impact:

In F2018, Cuso trained 24 instructors in Tanzania in midwifery. These instructors then trained 240 other midwives. In Columbia, Cuso’s program helped 167 small business owners increase profitability in F2018.

Financial Review:

Cuso is a medium-sized charity, with total donations of $4.6m in F2018. Administrative costs are 5% of revenues (excluding investment income) and fundraising costs are 35% of donations. For every dollar donated, $0.60 goes to the cause. This is not within Ci’s reasonable range for overhead spending. Funding reserves of $9.2m can cover 4 months of annual program costs, excluding volunteer in-kind.

This charity report is an update that is currently being reviewed by Cuso. Changes and edits may be forthcoming.

Updated on May 21, 2019 by Lauren Chin.

Financial Ratios

Fiscal year ending March
201820172016
Administrative costs as % of revenues 5.0%8.8%9.7%
Fundraising costs as % of donations 34.8%44.3%41.9%
Program cost coverage (%) 33.9%58.7%83.7%

Summary Financial Statements

All figures in $000s
201820172016
Donations 4,5743,1922,913
Goods in kind 12,7258,5233,117
Government funding 27,20222,07414,578
Investment income 132186(5)
Total revenues 44,63333,97520,605
Program costs 39,81929,24917,751
Administrative costs 2,2302,9732,006
Fundraising costs 1,5931,4131,221
Cash flow from operations 991340(373)
Funding reserves 9,18012,16212,252
Note: Ci adjusted program, administrative and fundraising costs for amortization on a pro-rata basis, reducing expenses by $378k in F2016. Ci excluded the value of volunteer time of $12.7m in F2018, $8.5m in F2017 and $3.1m in F2016 from Program Costs to calculate program cost coverage.   

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