Watch Tower and Tract Society of Canada
Georgetown, ON L7G 4S4
President: Kenneth Little
Secretary: Andre Ramseyer
Charitable Reg. #: 11928 8918 RR0001
Grade: DThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Full-time staff #0
Avg. Compensation $0
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About Watch Tower and Tract Society of Canada:
Founded in 1967, Watch Tower Bible and Tract Society of Canada is the head office of the Jehovah's Witnesses in Canada. Watch Tower conducts special training schools for those who take the lead in the preaching activity of Jehovah's Witnesses.
Watch Tower granted $3.8 million to 72 Jehovah Witness congregations across Canada, whereas in F2014 it had disbursed $35.9 million to national congregations. Its largest program spending
During F2015, the Society sponsored 53 annual conventions in 24 locations within Canada to promote Bible education. It also printed 159 million copies of the semi-monthly Bible journal ‘The Watchtower’, 124 million copies of ‘Awake!’ (companion to The Watchtower), 17 million Bible-based brochures, and 386 million Bible-based tracts. These literature items were distributed to the public and to congregation members throughout Canada, the United States, the Caribbean
Watch Tower and Tract Society of Canada is a Major 100 charity with $79.7m in donations in F2015. Its administrative costs are 3% of revenues, and the charity does not report any fundraising costs. For every dollar donated, 97 cents go towards the charities programs, falling outside of Ci’s reasonable range. Before its $27m in bank loans, the charity has $19.8m in gross funding reserves, resulting in a net program cost coverage ratio of -8%. The financial statements Watch Tower provides to the CRA Charities Directorate are incomplete missing the financial notes and auditors information.
This charity report is an update and is currently being reviewed by the charity. Changes and edits may be forthcoming.
Updated June 20, 2017 by Kevin Silberberg.
Financial RatiosFiscal year ending August
|Administrative costs as % of revenues||3.4%||8.5%||11.7%|
|Fundraising costs as % of donations||0.0%||0.0%||0.0%|
|Program cost coverage (%)||(7.9%)||(3.2%)||107.3%|
Summary Financial StatementsAll figures in $000s
|Program costs - International||60,118||66,054||35,504|
|Program costs - Canada||27,246||11,936||21,606|
|Cash flow from operations||(10,695)||(56,866)||(16,177)|