SIM Canada

10 Huntingdale Blvd
Scarborough, ON M1W 2S5
Executive Director: John Denbok
Board Chair: Brad Farquhar

Website: www.sim.ca
Charitable Reg. #: 12994 7537 RR0001
Sector: Religion
Operating Charity

Donor Accountability

Grade: C+

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements available only upon request [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2014 2015 2016
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #147

Avg. Compensation $38,417

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 1
$40k - $80k 9
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About SIM Canada:

SIM Canada is the Canadian faction of Serving in Mission (SIM) International, which was founded in 1893. SIM sends missionaries to more than 65 countries, and states that their purpose is that “no one should live and die without hearing God's good news, we believe that He has called us to make disciples of the Lord Jesus Christ in communities where he is least known.”

In addition to missionary services, 15% of SIM Canada’s program costs go towards supporting emergency relief efforts in South Sudan and Ethiopia, where people are at risk of starvation because of severe drought conditions and intensifying conflict. SIM Canada states that 1.4 million children in East Africa are now at risk of death due to malnutrition.

Since inception, SIM claims that because of its services, over 9 million people have become believers and more than 18,000 churches have been established.

Financial Review:

SIM Canada is a big-cap charity with $10.7m in donations in F2016, including $993k in donations from outside of Canada. Its administrative costs are 13% of revenues and its fundraising costs are 1% of donations. For every dollar donated, 87 cents go towards SIM Canada’s programs, falling within Ci’s reasonable range. SIM Canada has total funding reserves of $9m, resulting in a program cost coverage ratio of 101%. This means that the charity can cover 1 year of its annual program costs using its existing reserves.

This charity report is an update that is being reviewed by SIM Canada. Changes and edits may be forthcoming.

Updated June 30, 2017 by Kevin Silberberg.

Financial Ratios

Fiscal year ending September
201620152014
Administrative costs as % of revenues 12.6%13.6%13.1%
Fundraising costs as % of donations 0.6%1.1%1.5%
Program cost coverage (%) 100.5%96.0%90.2%

Summary Financial Statements

All figures in $000s
201620152014
Donations 10,66910,6609,950
Investment income 51491410
Other income 10194104
Total revenues 11,28410,84510,464
Program costs - International 8,4848,2118,170
Program costs - Canada 475471562
Administrative costs 1,3611,4581,312
Fundraising costs 69112144
Cash flow from operations 896593276
Funding reserves 9,0068,3357,875

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