Ryan's Well
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.
A
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Average
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.
89%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 89 cents are available for programs.
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OVERVIEW
About Ryan's Well:
Ryan's Well Foundation is a 5-star rated charity with Average demonstrated impact on its international development programs. For every dollar donated to the charity, 89 cents are available to go to the cause, which is within Ci's reasonable range. Its annual report and website disclose information about its programs and outputs, leading to a high grade in results reporting.
Founded in 2001, Ryan’s Well Foundation (Ryan's Well) works with local partners to provide access to clean water, sanitation, and hygiene education in the world’s most vulnerable regions. According to Ryan’s Well, more 700 million people cannot access safe water. Furthermore, over 400,000 people die each year due to contaminated drinking water.
Ryan’s Well runs three main programs: Build, Motivate, and Educate.
Build: The charity’s Build program represented 83% of program costs in F2022. Through the build program, Ryan’s Well Foundation helps create new clean water projects with local partners in developing countries. Ryan’s Well completed 55 water projects, built 44 latrines, and connected seven health centres and 13 schools to a clean water source in F2022. The charity’s build program worked in Ghana, Malawi, and Uganda in F2022.
Educate and Motivate: The charity’s Educate and Motivate programs account for the remaining 18% of program costs. Ryan’s Well provides safe hygiene, food preparation, and proper sanitation education in developing countries. In addition, the charity promotes awareness of clean water to inspire youth to act. In F2022, Ryan’s Well delivered 55 video presentations to schools in Canada, Spain, and the United States. The charity reports it educated 4,689 people through its presentations across 59 schools.
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Results and Impact
Ryan’s Well Foundation completed 55 water projects in Ghana, Malawi, and Uganda. The charity reports it provided water for 89,019 people in F2022. Charity Intelligence has given Ryan's Well an Average impact rating for demonstrated social impact per dollar spent.
While Ci highlights these key results, they may not be a complete representation of Ryan’s Well Foundation’s results and impact.
Impact Rating: Average
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Finances
Ryan’s Well received $1.1m in donations in F2022. Administrative costs are 7% of revenue and fundraising costs are 3% of donations. This results in total overhead spending of 11%. For every dollar donated to the charity, 89 cents are available to go to the cause, which is within Ci’s reasonable range.
The charity has $1.2m in reserve funds. Its reserve funds can cover 159%, or one year and seven months of its annual program costs.
This charity report is an update that has been sent to Ryan’s Well Foundation for review. Changes and edits may be forthcoming.
Updated on July 4, 2023 by Liam Chapleau
Financial Review
Fiscal year ending March
|
2022 | 2021 | 2020 |
|---|---|---|---|
| Administrative costs as % of revenues | 7.2% | 8.7% | 6.9% |
| Fundraising costs as % of donations | 3.3% | 4.0% | 6.0% |
| Total overhead spending | 10.5% | 12.7% | 12.9% |
| Program cost coverage (%) | 159.4% | 184.3% | 199.2% |
Summary Financial StatementsAll figures in $s |
2022 | 2021 | 2020 |
|---|---|---|---|
| Donations | 1,059,769 | 824,486 | 958,583 |
| Other income | (6,159) | (23,073) | 22,607 |
| Total revenues | 1,053,610 | 801,413 | 981,190 |
| Program costs - International | 641,131 | 544,967 | 488,493 |
| Program costs - Canada | 133,605 | 108,736 | 93,991 |
| Administrative costs | 76,111 | 69,458 | 68,075 |
| Fundraising costs | 35,075 | 33,312 | 57,440 |
| Total spending | 885,922 | 756,473 | 707,999 |
| Cash flow from operations | 167,688 | 44,940 | 273,191 |
| Capital spending | 0 | 0 | 0 |
| Funding reserves | 1,234,885 | 1,204,976 | 1,160,576 |
Note: To report on a cash basis, Ci adjusted donations by changes in deferred contributions. This affected total revenues by ($nil) in F2022, $115k in F2021, and $148k in F2020. Ci reported foreign exchange gains (losses) in other revenue. Ci reported well, sanitation, and hygiene disbursements as international program costs. Ci removed amortization from administrative costs in the amount of ($nil) in F2022, ($nil) in F2021, and ($3.7k) in F2020.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
1 |
$40k - $80k |
2 |
< $40k |
1 |
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: 613-258-6832