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. The charity has reasonable overhead costs and best practices in financial transparency. 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 than one billion people cannot access safe water. Furthermore, more than 2.8 billion people lack access to proper sanitation and are at risk of water-borne illnesses.
Ryan's Well runs three main programs: Build, Motivate, and Educate.
The charity's Build program represented 84% of program costs in F2021. Through the Build program, Ryan's Well Foundation helps create new clean water projects with local partners in developing countries. Ryan's Well has completed 1,667 water projects and built 1,317 latrines in 17 countries. In F2021, it completed 40 water projects and four latrines. Ryan's Well worked in two countries during the year. It installed 19 deep wells, 19 protected springs, and two rainwater harvesting tanks in F2021.
The charity's Educate and Motivate programs account for the remaining 16% of program costs. Ryan's Well provides safe hygiene, food preparation, and proper sanitation education. In addition, the charity promotes awareness of clean water to inspire youth to act. In F2021, Ryan's Well delivered 30 video presentations to schools in Canada, Spain, and the United States. The charity reports that it educated 5,225 individuals through its presentations.
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Results and Impact
In F2021, Ryan’s Well Foundation completed 40 water projects in Ghana and Uganda. The charity reports that it provided clean water access to 61,803 people in F2021.
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 is a small charity in terms of donations, with total donations of $972k in F2021. Administrative costs are 7% of revenues and fundraising costs are 3% of donations. This results in total overhead spending of 10%. For every dollar donated to the charity, 89 cents go to the cause. This falls within Ci’s reasonable range for overhead spending.
Ryan’s Well has $1.2m in total funding reserves, which can cover one year and ten months of 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 5, 2022 by Ann Lei.
Financial Review
Fiscal year ending March
|
2021 | 2020 | 2019 |
|---|---|---|---|
| Administrative costs as % of revenues | 7.3% | 6.9% | 7.7% |
| Fundraising costs as % of donations | 3.4% | 6.0% | 3.3% |
| Total overhead spending | 10.7% | 12.9% | 11.0% |
| Program cost coverage (%) | 184.3% | 199.2% | 97.0% |
Summary Financial StatementsAll figures in $s |
2021 | 2020 | 2019 |
|---|---|---|---|
| Donations | 972,444 | 958,583 | 1,400,453 |
| Other income | (23,073) | 22,607 | 8,097 |
| Total revenues | 949,371 | 981,190 | 1,408,550 |
| Program costs - International | 544,967 | 407,182 | 751,731 |
| Program costs - Canada | 108,736 | 175,302 | 176,802 |
| Administrative costs | 69,458 | 68,075 | 108,676 |
| Fundraising costs | 33,312 | 57,440 | 45,489 |
| Total spending | 756,473 | 707,999 | 1,082,698 |
| Cash flow from operations | 192,898 | 273,191 | 325,852 |
| Capital spending | 0 | 0 | 3,589 |
| Funding reserves | 1,204,976 | 1,160,576 | 900,951 |
Note: To report on a cash basis, Ci adjusted donations by changes in deferred contributions. This affected total revenues by $115k in F2021, $148k in F2020, and $nil in F2019. 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.
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 |
0 |
Information from most recent CRA Charities Directorate filings for F2021
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Comments & Contact
Comments added by the Charity:
Charity Contact
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