Wycliffe

4316 10 St NE
Calgary, AB T2E 6K3
President: Roy Eyre
Board Chair: Jannice Moore

Website: www.wycliffe.ca
Charitable Reg. #: 10822 3371 RR0001
Sector: Religion
Operating Charity

Social Results Reporting

Grade: B-

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

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #268

Avg. Compensation $42,605

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 7
$40k - $80k 3
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About Wycliffe:

Founded in 1942, Wycliffe Bible Translators of Canada (Wycliffe) translates the Bible for minority language groups worldwide. It aims to "link the Canadian Church with the world's minority language groups, to see community transformation through Bible translation, use of translated Scriptures, mother-tongue literacy and education."

Wycliffe collaborates with local translators, churches and global missionaries to translate the Bible into local languages. Its goal is to allow people to read and understand the scriptures. Wycliffe members also assist indigenous communities by helping them learn to read and write.

Wycliffe is currently undergoing translation projects in almost 2,300 languages in 130 countries. It operates in Europe, South America, Asia, The Pacific, Africa and North America. As of 2015, there are 2,932 languages with some Scripture, up 367 from 2010. Further, there are 554 languages with a complete Bible, up 97 since 2010. Finally, there are another 1,778 languages that likely need Bible translations to begin, down 300 since 2010.

In F2015, 374 Canadians worked with Wycliffe, both in Canada and abroad. Canadians are currently working on translating 227 new languages from 51 countries, with a potential to reach over 145million people.

Financial Review:

Wycliffe Bible Translators of Canada is a big charity, with donations of $16.6m in F2015. Its administrative costs are14% of revenues, and fundraising costs are6% of donations. For every $1 donated to Wycliffe, 80 cents is put towards its programs, falling within Ci's reasonable range. Wycliffe has funding reserves of $3.7m, of which $1.5m are donor-endowed. This results in a program cost coverage ratio of 17% excluding donor-endowed funds, meaning that Wycliffe can fund 17% of its annual program costs given existing funding. This indicates a need for donations.

This charity report is an update that is being reviewed by Wycliffe. Changes and edits may be forthcoming.

Updated on May 19, 2016 by Lynn Tay.

Financial Ratios

Fiscal year ending September
201520142013
Administrative costs as % of revenues 14.4%13.7%15.0%
Fundraising costs as % of donations 6.4%5.5%5.0%
Program cost coverage (%) 28.4%24.8%24.9%

Summary Financial Statements

All figures in $000s
201520142013
Donations 16,57515,75815,031
Government funding 557
Investment income 152278237
Total revenues 16,73316,04115,275
Program costs - International 12,99313,06012,389
Program costs - Canada 000
Administrative costs 2,3922,1582,252
Fundraising costs 1,063859749
Cash flow from operations 285(36)(115)
Funding reserves 3,6943,2443,083
Note: Ci has adjusted changes in investment trust agreements affecting revenues by ($37.3k) in F2015, by ($7.2k) in F2014, and by ($59.4k) in F2013. Ci has adjusted amortization affecting expenses by ($37.1k) in F2015, by ($38.1k) in F2014, and by ($47.6k) in F2013.

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