International Conservation Fund of 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.
A
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.
91%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 91 cents are available for programs.
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OVERVIEW
About International Conservation Fund of Canada:
International Conservation Fund of Canada is a 5-star charity. It is financially transparent and has an A Results Reporting grade, which is above average. For every dollar donated, 91 cents are available to go to the cause, which is within Ci's reasonable range.
Founded in 2007, International Conservation Fund of Canada (ICFC) is dedicated to the long term preservation of nature and biodiversity worldwide. ICFC mainly focuses on projects in tropical areas, where nature is most at risk and conservation gets the least money. The charity reports that over six million hectares of old growth forest are lost each year around the world. Working with local partners and Indigenous groups, ICFC helps protect important land and species in Latin America, Asia, and Africa. The charity reports that 18 million hectares of land are conserved by ICFC projects, benefitting 2.7 million people and 531 threatened species. In 2024, ICFC spent $8.2m on its conservation projects.
A Charity Intelligence 2024 Top 100 Rated Charity
Latin America represented 61% of program costs in 2024. ICFC runs projects in 12 countries in Latin America, including Argentina, Bahamas, Bolivia, Brazil, Chile, Colombia, Costa Rica, Guatemala, Mexico, Nicaragua, Panama, and Peru. The charity’s ongoing projects in Latin America have conserved 946,490 hectares of land.
Africa represented 25% of program costs in 2024. ICFC runs projects in seven countries in Africa, including the Democratic Republic of Congo, Kenya, Madagascar, Malawi, Mali, South Africa, and Guinea. The charity’s ongoing projects in Africa have conserved 4,014,575 hectares of land.
Southeast Asia represented 11% of program costs in 2024. ICFC runs projects in three countries in southeast Asia, including Cambodia, Indonesia, and Nepal. The charity’s ongoing projects in Southeast Asia have conserved 531,200 hectares of land.
"Small Projects" represented the remaining 3% of program costs in 2024.
By 2030, ICFC plans to: conserve an additional two million hectares of land, conserve 40,000 hectares of marine areas, protect 600 threatened species, store two billion tonnes of carbon, and employ 2,000 people in conservation activities.
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Results and Impact
International Conservation Fund of Canada has conserved 18 million hectares of land that protects 531 threatened species. The charity’s conservation activities have stored 5.5 billion tonnes of CO2 equivalent.
In South Africa, the charity’s work in rhino conservation led to 420 rhinos being killed by poachers, 79 fewer than in 2023. ICFC’s enforcement officers arrested 49 people for rhino poaching in 2024.
In Nicaragua, ICFC’s sea turtle hatchery had a 96% success rate. In 2024, 15,543 hatchlings were released safely into the sea.
In Cambodia, ICFC’s local partners reported illegal fishing, which led to four arrests and electric trawler vessels impounded.
While Ci highlights these key results, they may not be a complete representation of International Conservation Fund of Canada’s results and impact.
This charity is not yet rated on impact. This shows as n/r and it does not affect its star rating.
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Finances
International Conservation Fund of Canada’s audited financial statements use activity-based costing, which is a best practice.
ICFC received $9.9m in donations in 2024. The charity spent $8.2m on its program, which is 73% of revenue. ICFC recorded a surplus of $2.1m, which is 19% of revenue.
ICFC spent $136k on fundraising, which is 1% of donations, and $715k on administration, which is 7% of revenue (excluding investment income). Total overhead spending is 9%. For every dollar donated, 91 cents are available to go to the cause, which is within Ci’s reasonable range.
ICFC has $8.9m in reserve funds (cash and investments). These reserves can cover annual program costs for just over 1 year. This is within Ci’s reasonable range.
This charity report is an update that has been sent to International Conservation Fund of Canada for review.
Updated on June 30, 2025 by Liam Chapleau.
Financial Review
Fiscal year ending December
|
2024 | 2023 | 2022 |
|---|---|---|---|
| Administrative costs as % of revenues | 7.2% | 6.0% | 4.4% |
| Fundraising costs as % of donations | 1.4% | 1.2% | 1.1% |
| Total overhead spending | 8.6% | 7.1% | 5.5% |
| Program cost coverage (%) | 107.5% | 70.7% | 99.6% |
Summary Financial StatementsAll figures in $000s |
2024 | 2023 | 2022 |
|---|---|---|---|
| Donations | 9,878 | 9,454 | 10,409 |
| Investment income | 1,360 | (1,178) | (1,417) |
| Total revenues | 11,237 | 8,275 | 8,992 |
| Program costs - International | 8,239 | 9,996 | 9,010 |
| Administrative costs | 715 | 566 | 458 |
| Fundraising costs | 136 | 110 | 115 |
| Total spending | 9,090 | 10,672 | 9,584 |
| Cash flow from operations | 2,147 | (2,397) | (592) |
| Capital spending | 3 | 3 | 3 |
| Funding reserves | 8,855 | 7,069 | 8,970 |
Note: 1. Deferred Revenue: Ci included deferred revenue within donations, which affected donations by $17k in 2024, ($138k) in 2023, and $138k in 2022. 2. Foreign Currency Gain/Loss: Ci included foreign currency gain/loss within international program costs, which affected revenue and expenses by ($393k) in 2024, $168k in 2023, and ($359k) in 2022. 3. Amortization: Ci removed amortization from administrative costs. 4. Project Advances: Ci included the change in project advances within international program costs. This affected expenses by ($1.1m) in 2024, ($330k) in 2023, and $1.1m in 2022.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
1 |
$120k - $160k |
1 |
$80k - $120k |
3 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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Comments & Contact
Comments added by the Charity:
This comment was provided to a previous version of this profile.
This decade is crucial for making gains to protect globally important tropical ecosystems and species. Inspired by the progress we’re making and by our wonderful field partners, ICFC is redoubling its efforts and encouraging Canadians to join us and enable us to do still more.
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 844-781-2129