World Wildlife Fund
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.
68%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 68 cents are available for programs.
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OVERVIEW
About World Wildlife Fund:
World Wildlife Fund Canada is a four-star, financially transparent charity. Its results reporting score is an A. Its overhead spending is 32%, which is within Ci’s reasonable range. Its funding reserves can cover one year and nine months of annual program costs.
Founded in 1967, World Wildlife Fund Canada (WWFC) works to conserve species at risk, protect threatened habitats, and address climate change. It combines scientific analysis and Indigenous knowledge in its approach. It aims to create a world where people and nature thrive.
WWFC was a Charity Intelligence Top 100 Rated Charity in 2023.
The charity breaks down its spending across three main programs: Conservation Program Implementation, Raising Awareness, and Research and Grants.
Conservation Program Implementation was 56% of spending in F2023. WWFC reports that populations of at-risk species have declined by 59% on average since 1970. It also reports that uncontained climate change will melt Arctic Sea ice by as early as 2035. In 2023, the charity planted 290 new native hardwood trees and 3,600 shrubs to reduce rising water temperatures. Over 75 species at risk were impacted by its work in 2023.
Raising Awareness was 28% of spending in F2023. WWFC offered conservation awareness courses to 52 community members alongside radio ads, posters, and videos. Participants in its re:grow program planted 197,876 native plants to foster biodiversity. The charity ran a No Dumping campaign, which aimed to prevent harmful dumping of ocean waste. The campaign had 23,000 signatories and protected 41,860 km2 of ocean.
Research and Grants was 16% of spending in F2023. WWFC reported providing $3.4m in grants to various charities, Indigenous organizations, conservation groups, and international branches. It also provided $100,000 contracts to three award recipients to develop carbon monitoring technology.
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Results and Impact
World Wildlife Fund Canada reported that Nepal’s wild tiger population increased from 121 to 355 as a result of conversation efforts.
Its advocacy resulted in a new regulation on oil and gas activities, bottom trawling and mining in marine-protected areas. Conservationists have restored more than 465 hectares of habitats across Canada.
As part of Regenerate Canada, its ten-year strategic plan to reverse wildlife loss, WWFC has restored 19,196 hectares of habitat and protected 19.83m tonnes of carbon.
While Ci highlights these key results, they may not be a complete representation of WWF Canada’s results and impact. This charity is not yet rated on impact (n/r).
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Finances
World Wildlife Fund Canada had total donations of $23.6m in F2023. Administrative costs are 5% of revenues (excluding investment income) and fundraising costs are 27%. This results in total overhead spending of 32%. For every dollar donated, 68 cents go to the cause, which is within Ci’s reasonable range for overhead spending.
In F2023, WWFC has $36.4m in net funding reserves, of which $6m is donor endowed. Excluding donor-endowed funds, WWFC’s funding reserves could cover one and a half years of annual program costs.
WWFC used external fundraisers in F2023. It paid external fundraisers $750k to raise $2.4m. It cost 32 cents to raise a dollar through external fundraisers.
Charity Intelligence sent an update of this report to World Wildlife Fund Canada for review. Changes and edits may be forthcoming.
Updated on May 27, 2024 by Stellar Zhang.
Financial Review
Fiscal year ending June
|
2023 | 2022 | 2021 |
---|---|---|---|
Administrative costs as % of revenues | 4.8% | 3.6% | 4.5% |
Fundraising costs as % of donations | 27.2% | 21.3% | 25.8% |
Total overhead spending | 32.0% | 24.9% | 30.3% |
Program cost coverage (%) | 150.8% | 149.2% | 147.9% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
---|---|---|---|
Donations | 23,692 | 25,803 | 18,650 |
Government funding | 1,624 | 2,953 | 1,734 |
Business activities (net) | 852 | 961 | 960 |
Investment income | 3,884 | (2,309) | 4,846 |
Other income | 834 | 432 | 1,535 |
Total revenues | 30,886 | 27,840 | 27,725 |
Program costs | 17,059 | 16,278 | 15,208 |
Grants | 3,443 | 3,175 | 2,630 |
Administrative costs | 1,308 | 1,095 | 1,033 |
Fundraising costs | 6,440 | 5,482 | 4,810 |
Total spending | 28,250 | 26,030 | 23,681 |
Cash flow from operations | 2,636 | 1,810 | 4,044 |
Capital spending | 147 | 196 | 78 |
Funding reserves | 36,421 | 33,924 | 32,072 |
Note: Ci included changes in fair value of investments in investment income, affecting revenues by $1.7m in F2023, ($3.8m) in F2022, and $2.3m in F2021. Ci reported product sales, events promotions, and fees revenues in business activities. Ci reported income from WWF family in other revenue, affecting it by $834k.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
1 |
$200k - $250k |
2 |
$160k - $200k |
5 |
$120k - $160k |
2 |
$80k - $120k |
0 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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Comments & Contact
Comments added by the Charity:
The following comments have been provided by the charity on August 12, 2024. Updates may be forthcoming.
World Wildlife Fund Canada (WWF-Canada) is the country’s largest international conservation organization. For more than 50 years, we have connected the power of a strong global network operating in 100 countries with on-the-ground conservation efforts across Canada. Our long-term vision is simple: a Canada with abundant wildlife, where nature and people thrive.
But without urgent action, that future is at risk.
Regenerate Canada is our bold, 10-year plan to fight the dual crises of biodiversity loss and climate change with one of the best, most effective tools around: nature. We will steward, restore and protect ecosystems that store carbon and provide habitat for wildlife — ensuring at-risk species can recover while reducing greenhouse gas emissions. Drawing on scientific research and Indigenous guidance, our conservation work will drive towards three goals, designed to get our future back on track:
FINANCIAL STEWARDSHIP
Financial stewardship is key to achieving our conservation goals and fulfilling donor expectations. To do that, we ensure we have a strong internal control environment, effective governance over all operations, and an annual independent audit of our financial records.
In the ’23 fiscal year (July 2022 to June 2023), we were able to invest in our mission to Regenerate Canada while keeping administrative costs fiscally responsible — for every dollar spent, 72 cents went to conservation efforts.* During this period, we invested $20.5 million directly into our conservation work and $7.97 million was spent on fundraising and administration.
YOUR IMPACT: THREE YEARS OF REGENERATE CANADA
Long-lasting, meaningful change doesn’t happen overnight, and short-term planning can focus on the trees and miss the forest. By setting a 10-year plan with shorter three-year milestones, we can think big while checking in periodically to assess our progress. Our fiscal year ’23 annual report is the first of these check-ins.
With donors and supporters across the country by our side, we supported the creation of new marine protected areas and won higher standards of protection for wildlife in them. We published crucial reports identifying where restoration and stewardship can have the biggest impact for wildlife and climate, and then set the groundwork for exponential growth towards our restoration goals. We took responsibility for reconciliation by supporting Indigenous partners and helping to advance Indigenous-led conservation, where and when requested, with our work, our words and our financial support.
Below are just a few of the ways WWF-Canada’s work — and the incredible support of our donors — helped to Regenerate Canada in the past year:
In the world of conservation, victories aren’t always swift but rather the culmination of years of work by many people and groups working together. Our donors and partners make finding those long-term solutions to some of nature’s biggest challenges possible. Learn more about our impressive track record here.
In addition to our annual report, we keep our donors informed on their efforts to help nature and people thrive through our Living Planet magazine, Fieldnotes newsletter, blogs, and stewardship reports.
*WWF-Canada’s reported spending ratio is calculated as a percentage of total expenditure rather than a percentage of donations.
Charity Contact
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