Nature Conservancy of Canada

365 Bloor Street East
Toronto, ON M4W 3L4
President & CEO: Catherine Grenier
Board Chair: Janice Wattis

Charitable Reg. #:11924 6544 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.

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.

59%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 59 cents are available for programs.



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OVERVIEW

About Nature Conservancy of Canada:

Nature Conservancy of Canada is a 4-star charity. It is financially transparent and has an A Results Reporting grade, which is above average. For every dollar donated, 59 cents are available to go to the cause, which is outside Ci's reasonable range. 

Founded in 1962, Nature Conservancy of Canada (NCC) works to protect natural areas, plants, and animals while finding solutions to biodiversity loss and climate change. The charity leads large-scale projects to permanently conserve land. NCC states that “since the onset of European settlement, the country has lost 70 per cent of Prairie wetlands, more than 80 per cent of Prairie grasslands, 80 per cent of Carolinian forest and over 80 per cent of wetlands in and around urban areas.”

In NCC’s strategic plan, it outlines multiple goals with the overarching target to double its impact by 2030. The charity aims to protect 500,000 hectares of prairie grasslands in Alberta, Saskatchewan, and Manitoba by 2030. NCC is working to help achieve the global “30 x 30” goal, which is to protect 30% of the planet’s land, oceans, and freshwater by 2030.

In F2024, NCC spent $126.2m on its programs and grants.

In F2024, Nature Conservancy Canada conserved 16,000 hectares (ha) of land across 90 projects. The charity conserved 8,300 ha of forests, 2,600 ha of grasslands, 2,200 ha of lakes and wetlands, and 212 kilometres of rivers and shorelines. As of F2024, 256 species at risk are now protected on NCC lands, which is 36% of the 707 species at risk in Canada.  

Some of NCC's major conservation projects include partnering with Newfoundland and Labrador’s Stewardship Association of Municipalities to designate over 2,600 ha of public land as protected land, expanding the Mackie Ranch in Saskatchewan conservation project to 1,286 ha, and conserving 1,500 ha of wetlands at risk of being drained in the central Quebec region.

Since its founding, Nature Conservancy Canada has contributed to the conservation of over 15 million hectares of land. Of the 15 million ha conserved, 2 million ha NCC conserved directly with partners and 13 million ha were indirectly conserved due to its advocacy and influence. NCC manages 400,000 ha of the 2 million it has conserved.

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Results and Impact

In F2024, NCC conserved 16,000 hectares of land. As of F2024, 256 species at risk are now protected on NCC lands.

Due to NCC’s conservation, it prevented the release of over 5.1 million tonnes of carbon, which is equivalent to the annual emissions of 5,730,596 cars.

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

This charity is not yet rated on impact. This shows as n/r and it does not affect the star rating.

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Finances

Nature Conservancy Canada’s audited financial statements do not use activity-based costing, which is a best practice. Ci used the charity’s T3010 filing with the CRA to report government funding, international donations, fundraising costs, administrative costs, and program costs.

NCC received $54.5m in Canadian donations and $82.8m in government funding. The charity also received $15.6m in international donations and $5.8m in donated land. NCC spent $126.2m on its programs and grants, which is 57% of revenue (excluding donated goods). The charity recorded a surplus of $58.8m in F2024, which is 27% of revenue (excluding donated goods).

NCC spent $19.1m on fundraising, which is 32% of donations, and $17.6m on administration, which is 9% of revenue (excluding investment income). Total overhead spending is 41%. For every dollar donated to Nature Conservancy Canada, 59 cents are available to go to the cause, which is outside Ci’s reasonable range.  

NCC has $366.9m in reserve funds (cash and investments), of which, $157.5m are donor endowed. Excluding donor-endowed funds, the charity’s reserves can cover 1 year and 9 months of its annual program and grant costs. This is within Ci’s reasonable range.  

Nature Conservancy Canada uses external fundraisers. In F2024, NCC paid fundraisers $848k to collect $409k. It cost $2.10 to raise a dollar through external fundraisers in F2024. It is likely more cost efficient to donate directly to the charity.

This charity report is an update that has been sent to Nature Conservancy Canada for review.

Updated on June 24, 2025 by Liam Chapleau.

Financial Review


Financial Ratios

Fiscal year ending May
202420232022
Administrative costs as % of revenues 9.3%5.4%7.2%
Fundraising costs as % of donations 31.7%13.9%26.2%
Total overhead spending 41.0%19.2%33.3%
Program cost coverage (%) 177.0%95.2%176.9%

Summary Financial Statements

All figures in $000s
202420232022
Donations 54,45864,29736,556
International donations 15,61927,5247,930
Goods in kind 5,78561,12624,273
Government funding 82,791125,31185,861
Business activities (net) 51950
Investment income 37,67310,0421,102
Other income 30,58224,63138,465
Total revenues 227,428312,935194,186
Program costs 105,079163,69380,921
Grants 21,11024,08623,682
Donated goods exp 5,78561,12624,273
Administrative costs 17,58216,27613,854
Fundraising costs 19,11117,40215,918
Total spending 168,667282,583158,648
Cash flow from operations 58,76130,35335,538
Capital spending 254245474
Funding reserves 366,897307,145290,738

Note: 1. Deferred Revenue: Ci adjusted for deferred revenue within other revenue. This affected revenue by $11.1m in F2024, $13.5m in F2023, and $21.1m in F2022. 2. Endowment Contributions: Ci included endowment contributions reported on the cash flow, which affected revenue by $1.9m in F2024, $4.1m in F2023, and $2.4m in F2022. 3. Investment Income Transfers: Ci excluded transfers of funds reported in investment income. This affected revenue by $26.4m in F2024, $5.8m in F2023, and $567k in F2022. 4. T3010: Ci reported administrative, fundraising, and grant costs according to the charity’s T3010 filing with the CRA. The remaining costs were put into program costs. Ci used the charity’s T3010 to report government funding and international donations. These amounts were removed from Canadian donations. 5. Amortization: Ci removed amortization from administrative costs.

Salary Information

Full-time staff: 454

Avg. compensation: $93,018

Top 10 staff salary range:

$350k +
1
$300k - $350k
0
$250k - $300k
0
$200k - $250k
4
$160k - $200k
5
$120k - $160k
0
$80k - $120k
0
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2024

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Comments & Contact

Comments added by the Charity:

Charity Contact

Website: www.natureconservancy.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 1-877-231-3552

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