ShareWord Global

501 Imperial Road North
Guelph, ON N1H 7A2
President: Giorgio Gori
Board Chair: Garnet Wheaton

Charitable Reg. #:10808 2991 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.

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.

85%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 85 cents are available for programs.



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OVERVIEW

About ShareWord Global:

ShareWord Global is a 4-star charity. It has an average results reporting score, acceptable overhead spending, and is financially transparent.  

Founded in 1911, ShareWord Global (formally known as Gideons International in Canada) is a Christian charity that aims to improve access to religion. The charity started in Canada and now works in 17 countries and "Sensitive Regions" as needed. ShareWord Global distributes Christian materials to people and public places such as hotels, hospitals, schools, and prisons. The charity has a free app which includes the full Bible and a collection of faith-based articles. In F2022, the NewLife app was downloaded 5,360 times.   

ShareWord Global has two main programs: domestic work and global work.  

In F2022, domestic work made up 59% of program spending. Within Canada, ShareWord Global partnered with 273 churches. It conducted 7,434 gospel presentations and distributed 603,709 scriptures. ShareWord Global also helped Canadians perform 47 digital mission trips.  

In F2022, global work represented 41% of program spending. ShareWord Global works in Latin America, Africa, Asia, Eastern Europe, and the Middle East. It focuses on reaching people with God’s teachings. In F2022, ShareWord globally distributed 2.3 million scriptures, with 41% of these in Latin America. The charity also formed church partnerships and performed gospel presentations across the world.

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Results and Impact

Charity Intelligence found ShareWord Global reported many stories but no numeric results on its work. 

While Ci highlights these key results, they may not be a complete representation of ShareWord Global results. This charity is not yet rated on impact (n/r). 

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Finances

ShareWord Global in Canada received donations and special events revenue of $14.9m in F2022. Administrative costs are 4% of revenues and fundraising costs are 11% of donations. This results in total overhead costs of 15%. For every dollar donated, 85 cents go to the cause. This is within Ci’s reasonable range for overhead spending. 

ShareWord has $3.6m in reserve funds which could cover just under four months of program costs.   

Charity Intelligence has sent this profile update to ShareWord Global for review. Changes and edits may be forthcoming.   

Updated on June 26, 2023 by Clive Stevens.

Financial Review


Financial Ratios

Fiscal year ending May
202220212020
Administrative costs as % of revenues 3.7%3.0%3.5%
Fundraising costs as % of donations 11.1%9.4%10.8%
Total overhead spending 14.7%12.4%14.3%
Program cost coverage (%) 31.0%46.8%26.4%

Summary Financial Statements

All figures in $000s
202220212020
Donations 14,61212,26110,142
Government funding 0349424
Special events 315299650
Other income 345622
Total revenues 14,96112,96511,238
Program costs - International 4,7523,7102,890
Program costs - Canada 6,9125,4775,772
Grants 04000
Administrative costs 546388390
Fundraising costs 1,6521,1791,165
Total spending 13,86211,15410,218
Cash flow from operations 1,0991,8111,020
Capital spending 1388253
Funding reserves 3,6124,4832,283

Note: To report on a cash basis, Ci adjusted donations by changes in deferred revenue from non-government sources. This affected revenues by $1.0m in F2022, $1.2m in F2021, and $724k in F2020. Ci has adjusted for amortization, affecting expenses by $133k in F2022, $119k in F2021, and $103k in F2020. Based on T3010 filings with the CRA, Ci has removed international program costs from Canadian program costs to be reported separately. 

Salary Information

Full-time staff: 64

Avg. compensation: $74,103

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
4
$80k - $120k
6
$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:

No comments have been added by the charity.

Charity Contact

Website: www.sharewordglobal.com
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 519-823-1140

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Charitable Registration Number: 80340 7956 RR0001