Bruce Trail Conservancy

55 Head St., Unit 101
Dundas, ON L9H 3H8
CEO: Michael McDonald
Board Chair: Jaclyn Moody

Charitable Reg. #:11921 7578 RR0001

STAR RATING

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

[Charity Rating: 5/5]

✔+

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.

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.

92%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 92 cents are available for programs.



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OVERVIEW

About Bruce Trail Conservancy:

Bruce Trail Conservancy is a 5-star charity. It has an A results reporting grade, which is above average. Its funding reserves are within Ci’s reasonable range and can cover one year and ten months of annual program costs. For every dollar donated to Bruce Trail Conservancy, 92 cents are available to go to the cause, which is within Ci’s reasonable range.

A Charity Intelligence 2025 Top 100 Rated Charity

The Bruce Trail Conservancy (BTC) was established in 1963 to protect and preserve the Bruce Trail and the natural landscapes of the Niagara Escarpment. As one of Ontario’s largest land trusts, it conserves, restores, and manages land while providing public access to 1,394 km of hiking trails across southern Ontario. The organization addresses the growing threat of habitat loss and development along the Niagara Escarpment where, BTC reports, more environmental change has occurred in the past 100 years than in the previous 9,000 years. Nearly one-third of the Bruce Trail remains vulnerable to future development, highlighting the continued need for land conservation and restoration efforts.

Bruce Trail Conservancy’s programs include Land Acquisition and Conservation, and other programs. In F2025, BTC spent $19.4m on its programs.

Land Acquisition and Conservation was BTC’s largest program in F2025 and represented 95% of program spending. Bruce Trail Conservancy secures land through donations, purchases, and life interest agreements, which allow landowners to continue living on their property while the organization assumes responsibility for its long-term conservation. In F2025, BTC protected 614 acres of land across 11 new locations along the Niagara Escarpment. The organization also expanded the Bruce Trail by adding 4.7 km of new trail. As of F2025, 72% of the Bruce Trail is considered secure, and BTC has conserved 21,186 acres of land along the Niagara Escarpment. The organization also reported that 93 species of conservation concern live on BTC-managed lands.

Other program received 5% of program spending in F2025. This includes membership, communications, and club management. In F2025, BTC reported 1,485 new members, and led 1,541 hikes. The charity also reported that in 2024, the Bruce Trail facilitated 1.4 million hours in nature.

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Results and Impact

In F2025, Bruce Trail Conservancy protected 614 acres of land across the Niagara Escarpment. The charity reports that 93 species of conservation concern exist on this land. In F2025, BTC ecologists made 98 observations of 20 rare and at-risk species.

Charity Intelligence has not yet rated Bruce Trail Conservancy on impact. While Ci highlights these key results, they may not completely represent the charity’s results and impact.

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Finances

Bruce Trail Conservancy’s audited financial statements use line-item costing, which is not a best practice. This means it does not properly disclose which expenses relate to programming, administrative, and fundraising activities.

BTC had total revenues of $33.6m in F2025. It received $27.6m in donations, equal to 82% of its revenue, and $2.2m in government funding, which represents 6% of revenue. It also received $670k in donated land. Investment income was $2.0m in F2025.

The charity spent $19.4m on its programs, which is 59% of its revenue (excluding donated goods). BTC recorded a surplus of $11.2m in F2025, equal to 33% of revenue.

Administrative costs were $1.4m, representing 5% of revenue (excluding investment income). BTC spent $915k on fundraising, equal to 3% of donations. Total overhead spending was 8%. For every dollar donated to Bruce Trail Conservancy, 92 cents are available to go to the cause. This is within Ci’s reasonable range.

BTC held $35.7m in reserve funds (cash and investments) in F2025. These reserves can cover one year and ten months of annual program costs. This is within Ci’s reasonable range.

This is a charity update that has been sent to Bruce Trail Conservancy by Neela Jalilian on June 9, 2026. 

Financial Review


Financial Ratios

Fiscal year ending June
202520242023
Administrative costs as % of revenues 4.5%7.0%6.0%
Fundraising costs as % of donations 3.2%5.3%4.9%
Total overhead spending 7.7%12.3%10.8%
Program cost coverage (%) 183.9%162.2%236.7%

Summary Financial Statements

All figures in $000s
202520242023
Donations 27,61213,84613,581
Goods in kind 670870130
Government funding 2,1683,7561,722
Fees for service 719699661
Business activities (net) 269239162
Investment income 2,0271,7841,350
Other income 127115281
Total revenues 33,59221,30917,887
Program costs 19,35313,7068,586
Grants 514641
Donated goods exp 670870130
Administrative costs 1,4221,358992
Fundraising costs 915779664
Other costs 000
Total spending 22,41116,75910,413
Cash flow from operations 11,1814,5507,474
Capital spending 94106175
Funding reserves 35,68322,30120,415

Note: 1. Deferred Revenue: Ci included deferred revenue within fees for service and other revenue. This affected total revenues by $52k in F2025, ($3k) in F2024, and $85k in F2023. 2. Investment Income: Ci included unrealized gains (losses) on investments and foreign currency exchange gains (losses) reported below the line in investment income. This affected revenues by $1.1m in F2025, $717k in F2024, and $671k in F2023. 3. Restricted Donations: Ci included restricted donations and endowment contributions in donations. This affected revenues by $24.8m in F2025, $9.8m in F2024, and $7.0m in F2023. 4. Bruce Trail Enterprises: Ci included Bruce Trail Enterprises net of expenses in revenue. This affected revenues and expenses by ($160k) in F2025, ($201k) in F2024, and ($209k) in F2023. 5. Donated Land: Ci included donated land within revenue and expenses. This affected revenues and expenses by $670k in F2025, $870k in F2024, and $130k in F2023. 6. Acquisition of Land: Ci included acquisition of land reported on the cash flow within expenses. This affected expenses by $15.9m in F2025, $11.1m in F2024, and $5.9m in F2023.

Salary Information

Full-time staff: 26

Avg. compensation: $107,446

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
1
$160k - $200k
1
$120k - $160k
2
$80k - $120k
6
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2025

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.brucetrail.org
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 905-529-6821

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Charitable Registration Number: 80340 7956 RR0001