1040 Waterloo Street
London, ON N6A 3Y1
Board President: Lois Côté
Executive Director: Marisa Thornburn

Charitable Reg. #:11914 1943 RR0001

STAR RATING

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

[Charity Rating: 4/5]

✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

C+

RESULTS REPORTING

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

High

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.

88%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 88 cents are available for programs.



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OVERVIEW

About Save A Family Plan:

Founded in 1965, Save a Family Plan (SAFP) is a Canadian-based international charity that raises funds for Save a Family Plan India. SAFP reduces inequality and poverty by working with impoverished families in rural India. It empowers families by supporting the creation of small businesses to avoid foreign aid dependency and to create a sustainable economy. SAFP works through its 40 NGO partners and its 2,000 field-level action teams. SAFP’s core program is its Family Development program. It also runs Disaster Management and Special Projects programs. 

Family Development: SAFP’s Family Development program (79% of annual program costs in F2020), is the charity’s core program. It helps families meet their basic needs and provides them financial and development support to allow them to establish small businesses. The recipient families are selected by the community based on need and given money and training for six years so that they can build a sustainable income. Training topics range from nutrition to basic accounting. After six years of support, families graduate from the program having learned essential skills with the goal that they will become self-reliant. These graduated families are intended to teach other families acquired skills through SAFP-facilitated, local self-help groups. In F2020, SAFP reached 9,076 families in 5 states in India. Entrepreneurial training was given to 814 families, and 2,840 families started small businesses.

Disaster Management: The Disaster Management program (11% of program spending) helps India's impoverished when disasters strike, such tsunamis, torrential rain, or disease outbreaks. With the arrival of the covid-19 pandemic, this program has adapted to provide extra support to families. Covid-related support may include the provision of medical masks, food or supplementary financial aid due to reduced work.

Special Projects: SAFP’s Special Projects program accounts for 5% of spending. It includes a variety of services that help people identify and act on the poverty-related issues they face. For example, SAFP helped the communities of Karnataka and Maharashtra access clean water, sanitation facilities, and government grants in F2020. SAFP was also responsible for the construction of 30 wells and 540 toilets. Furthermore, SAFP helped 114 families build new houses, and 62 families buy land.

The remaining 4% of program spending went to SAFP’s SPED program, which falls under SAFP's community development projects.

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Results and Impact

Charity Intelligence has given Save a Family Plan a High impact rating based on demonstrated impact per dollar.

Save a Family Plan reports that it has helped over 50k families become self-reliant. Self-reliance refers to a family graduating from the six-year Family Development program and continuing with their small businesses, as well as participating in the sharing of skills learned through SAFP’s local self-help groups.

Charity Intelligence highlights these key results. They may not be a complete representation of SAFP's results.

Impact Rating: High

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Finances

In F2020, SAFP received $2.8m in Canadian donations and $304k in international donations. Administrative costs are 12% of revenues and reported fundraising costs are 0.1% of donations. Thus, total overhead spending is 12%. For every dollar donated, 88 cents go to the cause. This is within Ci’s reasonable range for overhead spending. SAFP holds $10.2m in funding reserves, which can cover annual program costs for 3.5 years.

This charity report is an update that has been sent to Save a Family Plan for review. Changes and edits may be forthcoming.

Updated May 31, 2021 by Rachel Leteta.

Financial Review


Financial Ratios

Fiscal year ending March
202020192018
Administrative costs as % of revenues 12.1%8.2%7.0%
Fundraising costs as % of donations 0.1%0.0%0.1%
Total overhead spending 12.2%8.2%7.0%
Program cost coverage (%) 353.3%368.1%325.8%

Summary Financial Statements

All figures in $s
202020192018
Donations 2,811,9183,596,2204,412,500
International donations 304,181431,6870
Investment income (415,943)694,099222,358
Total revenues 2,700,1564,722,0064,634,858
Program costs - International 2,897,9883,045,4952,976,307
Donated goods exp 8,28100
Administrative costs 378,430328,377307,364
Fundraising costs 1,9841,0082,205
Other costs 158,260147,684126,895
Total spending 3,444,9433,522,5643,412,771
Cash flow from operations (744,787)1,199,4421,222,087
Capital spending 25,7940250,000
Funding reserves 10,239,10711,211,9349,695,846

Note: Ci used Save a Family Plan’s T3010 filing with the CRA to determine total international donations. Data on the international donations found in the T3010 affected Canadian donations by $304k in F2020 and $432k in F2019. SAFP’s reporting of administrative and fundraising costs did not match its T3010 filing. Administrative costs reported in the T3010 were higher than those in the audited financials ($429k in F2020, $336k in F2019). The charity’s reported fundraising costs were also higher in the T3010 filing ($47k for F2020, $56k in F2019).

Salary Information

Full-time staff: 5

Avg. compensation: $55,437

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
1
$40k - $80k
3
< $40k
1

Information from most recent CRA Charities Directorate filings for F2020

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.safp.org
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 519-672-1115

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Charitable Registration Number: 80340 7956 RR0001