Wateraid Canada
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.
Good
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.
58%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 58 cents are available for programs.
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OVERVIEW
About Wateraid Canada:
WaterAid Canada is a 4-star rated charity with good demonstrated impact and an average results reporting grade. However, it has persistently high fundraising leading to overhead spending outside of Charity Intelligence’s reasonable range. In 2021, fundraising costs were 34% of donations.
Founded in 1987, WaterAid Canada is one of seven WaterAid member branches that fund operations for WaterAid’s global programs. Its mission is to improve access to safe water, sanitation, and hygiene (WASH) in the world’s poorest areas. According to WaterAid Canada, 771 million people do not have access to clean water close to home. In F2022, WaterAid Canada worked in Burkina Faso, India, Liberia, Malawi, Pakistan, and Sierra Leone.
In F2022, WaterAid Canada spent $2.6m on WASH programs (93% of total program costs). It also spent $204k on its public engagement program in Canada (7% of program costs).
Water Access: During F2022, WaterAid Canada worked in Burkina Faso to fix water access points in four schools.
Sanitation: In Malawi, WaterAid Canada constructed and fixed 132 handwashing facilities and 99 bathrooms. During F2022, it fixed ten school latrines in Burkina Faso and six school latrines in Liberia.
Hygiene: In F2022, WaterAid Canada reached over 23,000 people in India with covid-19 hygiene campaigns. It also reached over 13,000 people in Malawi with hygiene campaigns.
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Results and Impact
WaterAid Canada reports that in F2022, it reached 1,521,656 people with clean water, 1,552,115 people with decent toilets, and 8,295,637 people with good hygiene.
WaterAid Canada’s Project Boond works to help improve access to WASH services in Bihar State, India. During F2022, it fixed 13 water access points that provide water to 1,500 people. It also constructed or fixed water access points in three schools that provide drinking water and handwashing stations to 721 students and teachers.
While Charity Intelligence highlights these key results, they may not be a complete representation of WaterAid Canada’s results.
Charity Intelligence gave WaterAid Canada an impact rating of Good for demonstrated impact per dollar spent.
Impact Rating: Good
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Finances
In F2022, WaterAid Canada received $1.5m in donations. Fundraising costs are 34% of donations and administrative costs are 8% of total revenues. This results in total overhead spending of 42%. For each dollar donated, 58 cents go to the cause. This is outside of Ci’s reasonable range for overhead spending.
Net reserve funds of $2.0m can cover program costs for 8 months. This is a 43% decrease from funding reserves of $3.5m in F2021, due to a decrease in government revenue (see financial notes).
This charity report is an update that has been sent to WaterAid Canada for review. Changes and edits may be forthcoming.
Updated July 4, 2022 by Emily Downing.
Financial Review
Fiscal year ending March
|
2022 | 2021 | 2020 |
|---|---|---|---|
| Administrative costs as % of revenues | 8.1% | 3.9% | 3.3% |
| Fundraising costs as % of donations | 34.2% | 40.2% | 43.8% |
| Total overhead spending | 42.3% | 44.1% | 47.1% |
| Program cost coverage (%) | 71.4% | 125.5% | 37.4% |
Summary Financial StatementsAll figures in $s |
2022 | 2021 | 2020 |
|---|---|---|---|
| Donations | 1,527,735 | 1,531,774 | 2,316,791 |
| International donations | 185,093 | 42,065 | 830,635 |
| Government funding | 289,964 | 3,876,151 | 1,908,611 |
| Special events | 0 | 0 | 274,284 |
| Investment income | 21,358 | 8,024 | 0 |
| Total revenues | 2,024,150 | 5,458,014 | 5,330,321 |
| Program costs - International | 2,564,587 | 2,483,114 | 4,447,129 |
| Program costs - Canada | 204,204 | 297,549 | 381,779 |
| Administrative costs | 161,248 | 214,707 | 175,620 |
| Fundraising costs | 523,138 | 615,291 | 1,135,628 |
| Total spending | 3,453,177 | 3,610,661 | 6,140,156 |
| Cash flow from operations | (1,429,027) | 1,847,353 | (809,835) |
| Capital spending | 789 | 0 | 5,320 |
| Funding reserves | 1,976,777 | 3,490,087 | 1,807,622 |
Note: To report on a cash basis, Ci adjusted for changes in deferred donations, affecting total donations by $1k in F2022, ($180k) in F2021, and ($567k) in F2020. Ci also adjusted for changes in deferred government funding from Global Affairs Canada, affecting total government funding by ($1.6m) in F2022, $1.7m in F2021, and $330k in F2020. Ci adjusted international program spending by amounts due to projects and advances to projects. This affected total expenses by ($136k) in F2022, ($231k) in F2021, and $837k in F2020. Ci backed out amortization from administrative costs.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
4 |
$40k - $80k |
5 |
< $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
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