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.
78%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 78 cents are available for programs.
My anchor
OVERVIEW
About ShareWord Global:
ShareWord Global is a 4-star charity. It has a results reporting score of B+ which is above average. For every dollar donated, 78 cents are available to go towards the cause. Its reserve funds can cover program costs for almost two months.
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 fiscal 2023 (year ended May), 6,963 people downloaded the NewLife app in 112 different countries. ShareWord Global has a domestic and a global program. In F2023, ShareWord Global spent $10.2m on programs.
In F2023, domestic work was 58% of program spending. The charity reports that 85% of Canadian believers aged 18-29 believe it’s important to share the gospel, but less than a quarter of them actively look for ways to do it. In F2023, ShareWord mobilized 1,957 believers, shared 568,312 scriptures, partnered with 275 church partners, and gave 4,690 gospel presentations.
In F2022, global work was 42% 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 despite social, economic, or political barriers. In total, ShareWord mobilized 56,500 believers. 41% of these believers are from Latin America. ShareWord also shared 1.7m scriptures, partnered with 7,751 churches, and gave 541,991 gospel presentations.
My anchor
Results and Impact
Charity Intelligence found ShareWord Global reported many stories but no numeric results on its work. This may not be a complete representation of ShareWord Global’s results. This charity is not yet rated on impact (n/r).
My anchor
Finances
ShareWord Global in Canada received donations and special events revenue of $11.4m in F2023. This is an 11% decrease compared to last year’s donations and special events revenue of $12.9m. Administrative costs are 6% of revenues and fundraising costs are 15% of donations. This results in total overhead costs of 22%. For every dollar, 78 cents are available to go towards the cause. This is within Ci’s reasonable range for overhead spending.
ShareWord has $1.4m in reserve funds which is enough to cover almost two months of program costs. This is the lowest that ShareWord’s reserve funds have been since 2018.
Profile updated on June 12, 2024 by Abby Stout.
Financial Review
Fiscal year ending May
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 6.4% | 3.8% | 3.0% |
| Fundraising costs as % of donations | 15.3% | 13.4% | 9.4% |
| Total overhead spending | 21.7% | 17.2% | 12.4% |
| Program cost coverage (%) | 13.4% | 20.0% | 46.8% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 10,918 | 12,608 | 12,261 |
| Government funding | 0 | 0 | 349 |
| Special events | 529 | 315 | 299 |
| Other income | 0 | 34 | 56 |
| Total revenues | 11,447 | 12,958 | 12,965 |
| Program costs - International | 4,317 | 4,752 | 3,710 |
| Program costs - Canada | 5,875 | 6,890 | 5,477 |
| Grants | 0 | 0 | 400 |
| Administrative costs | 735 | 486 | 388 |
| Fundraising costs | 1,750 | 1,734 | 1,179 |
| Total spending | 12,677 | 13,862 | 11,154 |
| Cash flow from operations | (1,230) | (904) | 1,811 |
| Capital spending | 50 | 138 | 82 |
| Funding reserves | 1,367 | 2,324 | 4,483 |
Note: DEFERRED REVENUE: To report on a cash basis, Ci adjusted for deferred donations from non-government sources. This affected revenues by $156k in F2023, ($1.0m) in F2022, and $1.2m in F2021. AMORTIZATION: Ci has adjusted for amortization affecting expenses by $123k in F2023, $133k in F2022, and $119k in F2021. INTERNATIONAL PROGRAM: Based on ShareWord Global’s 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 |
3 |
$80k - $120k |
7 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
My anchor
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