Watch Tower Bible and Tract Society of Canada
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
F
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Low
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.
99%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 99 cents are available for programs.
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OVERVIEW
About Watch Tower Bible and Tract Society of Canada:
Watch Tower Bible and Tract Society of Canada is a 0-star charity. It is not financially transparent, does not have audited financial statements, and does not report fundraising costs. The charity has an F Results Reporting grade as it does not have its own website or annual report. Watch Tower is rated as Low on demonstrated impact per dollar spent. Read Ci's report before donating.
Founded in 1967, Watch Tower Bible and Tract Society of Canada (Watch Tower) is the head office of the Jehovah’s Witnesses in Canada. According to its F2024 CRA T3010 filing, Watch Tower granted $43.9m to other Jehovah’s Witness charities. The charity is not financially transparent, so the most recent year of financial analysis is from F2022. In F2024, the charity disbursed to 1,172 different Jehovah’s Witness charities.
From its T3010 filing in F2024, Watch Tower reports it arranged and rented facilities for 60 annual conventions of Jehovah’s Witnesses in 23 locations across Canada. These were presented in 19 different languages and were attended by 126,468 people. The charity printed 18,381,076 copies of the Watchtower magazine in 60 languages, 10,571,531 copies of the Awake! magazine in 53 languages, and 176,369,298 Bible-based tracts in 109 languages, throughout the Caribbean, Guyana, Canada, and the United States. Watch Tower supported the religious ministry of 1,273 members and assisted 2,333 victims of Hurricane Ian in F2024.
Watch Tower is a Major 100 charity, meaning it is one of Canada's largest 100 operating charities, measured by donations.
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Results and Impact
Charity Intelligence did not find any quantified results on Watch Tower.
Watch Tower Bible and Tract Society of Canada is rated as Low on demonstrated impact per dollar spent.
Impact Rating: Low

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Finances
Watch Tower Bible and Tract Society of Canada is not financially transparent. Financial analysis was based on financial statements provided by the CRA. The financial statements received from the CRA are incomplete; they exclude notes and auditor’s information. There is no indication that the financial statements have been audited. The numbers from the charity’s T3010 filing with the CRA and the charity’s financial statements differ drastically. The most recent audited financial statement available is its F2022 filing. Ci will update the profile when it receives more recent financials.
Watch Tower Bible and Tract Society of Canada is a Major 100 charity. Read here for Ci’s report on Canada’s largest charities.
In F2022, Watch Tower received $142.7m in donations. The charity spent $57.7m on its grants and programs, which is 41% of revenue. Watch Tower recorded a surplus of $82.4m, which is 58% of revenue.
Watch Tower does not report fundraising costs on its financial statements or T3010. Actual spending on overhead is likely larger than in Ci’s analysis. The charity spent $1.7m on administration, which is 1% of revenue (excluding investment income). For every dollar donated, 99 cents are available to go to the cause. This is outside Ci’s reasonable range, as it indicates the charity is misrepresenting their overhead spending.
Watch Tower has $161.4m in reserve funds (cash and investments). This is a 67% increase from $96.3m in F2021. The charity’s reserves can cover its annual program costs for 280%, or two years and nine months. This is within Ci’s reasonable range.
Charity Intelligence has sent this update to Watch Tower Bible and Tract Society of Canada for review. Changes and edits may be forthcoming.
Updated on April 21, 2025 by Liam Chapleau.
Financial Review
Fiscal year ending August
|
2022 | 2021 | 2020 |
---|---|---|---|
Administrative costs as % of revenues | 1.2% | 1.2% | 1.5% |
Total overhead spending | 1.2% | 1.2% | 1.5% |
Program cost coverage (%) | 279.8% | 182.5% | 54.5% |
Summary Financial StatementsAll figures in $000s |
2022 | 2021 | 2020 |
---|---|---|---|
Donations | 142,665 | 119,482 | 85,839 |
Goods in kind | 3,837 | 5,751 | 3,801 |
Investment income | (4,823) | 567 | 435 |
Other income | 137 | 88 | 88 |
Total revenues | 141,817 | 125,888 | 90,163 |
Program costs - International | 6,718 | 9,587 | 24,468 |
Program costs - Canada | 17,256 | 16,393 | 16,851 |
Grants | 33,694 | 26,778 | 8,201 |
Administrative costs | 1,745 | 1,478 | 1,328 |
Total spending | 59,413 | 54,236 | 50,848 |
Cash flow from operations | 82,404 | 71,652 | 39,315 |
Capital spending | 754 | 2,274 | 2,704 |
Funding reserves | 161,373 | 96,261 | 27,010 |
Note: 1.Deferred donations: Ci included deferred donations, which were only reported in F2021 and F2020. This was ($25.7m) in F2021 and $2.0m in F2020. 2. Contributions Receivable: Ci adjusted for contributions receivable, which was ($1.6m) in F2022 and $175k in F2021. 3. Disposal of asset: Ci excluded the gain/loss on disposal of assets from revenue.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2022
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Comments & Contact
Comments added by the Charity:
Ammended December 13, 2022:
As indicated on their official website, jw.org, the work of Jehovah’s Witnesses is primarily financed by voluntary donations from individuals who are Jehovah's Witnesses. These donors receive donation acknowledgement letters, understand the work of this charity is performed by unpaid volunteers minimizing administrative expenses, and are provided with extensive details on how their money is used in the article series entitled “How Your Donations are Used”, available on jw.org.
Comment received November 2, 2022:
Watch Tower Bible and Tract Society of Canada’s financial statements are audited annually by licensed public accountants in accordance with Canadian generally accepted auditing standards. This audited financial information is reported to the CRA in the categories requested on the T3010. As indicated on their official website, jw.org, the work of Jehovah’s Witnesses is primarily financed by voluntary donations from individuals who are Jehovah's Witnesses. These donors receive donation acknowledgement letters, understand the work of this charity is performed by unpaid volunteers minimizing administrative expenses, and are provided with extensive details on how their money is used in the article series entitled “How Your Donations are Used”, available on jw.org.
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 905-873-4101 extn 2414