ShareWord Global
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
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
Fiscal year ending May
|
2022 | 2021 | 2020 |
---|---|---|---|
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 StatementsAll figures in $000s |
2022 | 2021 | 2020 |
---|---|---|---|
Donations | 14,612 | 12,261 | 10,142 |
Government funding | 0 | 349 | 424 |
Special events | 315 | 299 | 650 |
Other income | 34 | 56 | 22 |
Total revenues | 14,961 | 12,965 | 11,238 |
Program costs - International | 4,752 | 3,710 | 2,890 |
Program costs - Canada | 6,912 | 5,477 | 5,772 |
Grants | 0 | 400 | 0 |
Administrative costs | 546 | 388 | 390 |
Fundraising costs | 1,652 | 1,179 | 1,165 |
Total spending | 13,862 | 11,154 | 10,218 |
Cash flow from operations | 1,099 | 1,811 | 1,020 |
Capital spending | 138 | 82 | 53 |
Funding reserves | 3,612 | 4,483 | 2,283 |
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
$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:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 519-823-1140