Hungry for Life International
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
B
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.
92%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 92 cents are available for programs.
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OVERVIEW
About Hungry for Life International:
Hungry for Life International is a 3-star charity with an average results reporting grade. Its overhead costs are inside Ci's reasonable range for overhead spending and the charity's financial statements are only available upon request. Excluding donor-endowed funds, the charity's funding reserves can cover annual program costs for just over five months.
Founded in 2003, Hungry for Life International (HFLI) is a Christian international aid charity that runs development programs such as food distribution, school construction, and religious education. HFLI partners with Christian groups, missionaries, and local church leaders in developing countries to implement its projects.
HFLI runs programs in 14 countries and regions: Cambodia, Guatemala, Dominican Republic, Haiti, Ethiopia, Kenya, Malawi, the Middle East, Mexico, Peru, Philippines, South Asia, Uganda, and Ukraine. The charity gets in contact with local partners and works with them to design community-specific relief. It then sends a small team to assist the local partner with implementing the program’s objectives and monitor the progress of the project.
In F2023, HLFI sent 17 teams to 14 countries. In total, it ran 70 projects.
HFLI states that financial transparency is one of its core values, but it does not post its audited financial statements on its website.
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Results and Impact
Hungry for Life International reports that every dollar donated to it yields six dollars in social benefits, but provides no detail on this analysis. In Cambodia, it reports that it supported 65 students “almost entirely” through donations.
Although Charity Intelligence highlights these key results, they may not form a complete representation of HFLI’s results.
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Finances
Hungry For Life’s F2021 and F2022 financial statements were received from the CRA. The F2022 financial statements were unaudited and didn’t include financial notes. Hungry for Life received $6.0m in donations in F2022. Administrative costs are 8% of revenues (less investment income) and reported fundraising costs are less than 1% of donations, for a total overhead spending of 8%. For every dollar donated, 92 cents are available to go to the cause. This is within Ci’s reasonable range for overhead spending.
The charity had funding reserves of $2.2m, of which $194k is donor-endowed. Excluding donor-endowed funds, the charity can cover its annual program costs for just over five months.
This charity report is an update that has been sent to Hungry for Life International for review. Changes and edits may be forthcoming.
Updated on August 12, 2024 by Ben Dobozy
Financial Review
Fiscal year ending December
|
2022 | 2021 | 2020 |
---|---|---|---|
Administrative costs as % of revenues | 7.6% | 20.0% | 10.2% |
Fundraising costs as % of donations | 0.5% | 1.1% | 0.6% |
Total overhead spending | 8.2% | 21.1% | 10.7% |
Program cost coverage (%) | 43.7% | 70.0% | 44.3% |
Summary Financial StatementsAll figures in $s |
2022 | 2021 | 2020 |
---|---|---|---|
Donations | 5,962,591 | 2,069,519 | 3,034,695 |
Government funding | 279,678 | 5,865 | 3,689 |
Investment income | 22,601 | 76,250 | 47,794 |
Other income | 64,810 | (773) | (526) |
Total revenues | 6,329,680 | 2,150,861 | 3,085,652 |
Program costs - International | 4,578,501 | 1,607,405 | 2,221,933 |
Program costs - Canada | 0 | 0 | 0 |
Grants | 76,194 | 52,632 | 67,298 |
Administrative costs | 483,347 | 414,185 | 309,235 |
Fundraising costs | 32,276 | 23,017 | 17,112 |
Total spending | 5,170,318 | 2,097,239 | 2,615,578 |
Cash flow from operations | 1,159,362 | 53,622 | 470,074 |
Capital spending | 0 | 8,872 | 634,277 |
Funding reserves | 2,222,390 | 1,393,923 | 1,279,349 |
Note: Ci has excluded amortization of deferred capital contributions, affecting revenues by $17k in F2021 and $390k in F2020. Ci was unable to determine the deferred adjustment in F2022 due to the unaudited nature of the F2022 financial statements received from the CRA. Ci reported grants to qualified donees from the charity’s T3010 filing and backed out the amounts from international program costs. The charity’s audited financial statements report fundraising and amortization within administrative costs. Ci backed out the amounts for fundraising and amortization from administrative costs to report them separately. In F2022, Ci used the charity's T3010 filing to determine and back out fundraising and administrative costs.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
4 |
< $40k |
6 |
Information from most recent CRA Charities Directorate filings for F2022
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Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: (604) 703-0223