5230 South Service Road, Unit 202
Burlington, ON L7L 5K2
President: Ken Forbes
Board Chair: Timothy Fallis

Charitable Reg. #:86886 9108 RR0001


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

[Charity Rating: 2/5]



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



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



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 85 cents are available for programs.

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About Speroway:

Founded in 2004, Speroway is a Christian relief and humanitarian charity that supports families in Canada and around the world. Through partnerships with other relief and development organizations, Speroway collects and distributes food, clothing, medicine, education and other essentials. The charity does development work in Malawi, Kenya, Haiti, Dominican Republic, Nicaragua and El Salvador. Speroway's four core programs are Food & Nutrition, Education, Healthcare, and Disaster Response.   

Speroway's Food & Nutrition programming includes school feeding programs, agriculture projects and a food distribution program in Canada. Speroway's Gift-In-Kind (GIK) program distributes food in Canada and globally – the charity states that roughly 4 million Canadians, including 1.15 million children, suffer from malnutrition or live with unstable food access. The charity reports that it has distributed more than 6.5 million meals globally since its founding.  Through its school feeding, community feeding and sponsorship programs, Speroway reports giving out almost 80,000 meals in Malawi, over 2,000 meals in Haiti and almost 11,000 meals in Kenya every month.   

Education programming focuses on breaking the poverty cycle by improving access to quality education. Speroway runs children's education programs, gives secondary and post-secondary scholarships, offers life-skills training and runs community education initiatives. 

Speroway’s healthcare program includes work on malnutrition, deworming, community health, and basic healthcare and medicine. The charity's Emergency Relief & Disaster Response programs offer immediate relief and long-term response to areas affected by natural disasters, conflicts, and other emergencies.


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Results and Impact

Speroway reports that 2,639 people received medical care from its clinic in Nicaragua in F2019.  

In Malawi, Speroway provides more than 80,000 meals every month through partner churches, schools, and community hubs. 

While Ci highlights these key results, they may not be a complete representation of Speroway's results and impact.

Charity Intelligence has given Speroway an Average impact rating based on demonstrated impact per dollar spent.

Impact Rating: Average

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Speroway received donations of $844k in F2020. It also received $6.8m in goods in kind making up 89% of revenues in F2020. Administrative costs are 1% of revenues and fundraising costs are 14% of donations. This results in total overhead spending of 15%. For every dollar donated to the charity, 85 cents go to the cause, which falls within Ci’s reasonable range for overhead spending. 

The charity holds funding reserves of $711k. Excluding the cost of donated goods, funds can cover under 1.2 years of program costs. When including the cost of donated goods, coverage drops to 1 month. 

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

Updated August 23, 2021 by Asha McMullin.

Financial Review

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 1.1%1.3%0.9%
Fundraising costs as % of donations 14.3%10.4%11.7%
Total overhead spending 15.3%11.6%12.6%
Program cost coverage (%) 116.7%113.1%85.7%

Summary Financial Statements

All figures in $000s
Donations 8448951,095
Goods in kind 6,75313,25412,019
Government funding 2700
Investment income (36)127
Total revenues 7,58814,16213,121
Program costs 609626816
Donated goods exp 6,75313,25412,019
Administrative costs 82178123
Fundraising costs 12093128
Total spending 7,56514,15113,086
Cash flow from operations 231035
Capital spending 8122
Funding reserves 711709699

Note: Ci backed out amortization from administrative costs.

Salary Information

Full-time staff: 4

Avg. compensation: $58,720

Top 10 staff salary range:

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

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.speroway.com
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 1-289-861-1346


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Charitable Registration Number: 80340 7956 RR0001