PLAN Canada

245 Eglinton Ave East - Suite 300
Toronto, ON M4P 0B3
President: Caroline Riseboro
Board Chair: Karen Jackson

Website: www.plancanada.ca
Charitable Reg. #: 11892 8993 RR0001

Sector: International Aid

Operating Charity

Charity Rating

[Charity Rating: 4/4]

Social Results Reporting

Grade: A-

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 for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #192

Avg. Compensation $82,743

Top 10 Staff Salary Range

$350k +	0
$300k - $350k	2
$250k - $300k	1
$200k - $250k	2
$160k - $200k	5
$120k - $160k	0
$80k - $120k	0
$40k - $80k	0
< $40k	0

Information from most recent CRA Charities Directorate filings for F2015

About PLAN Canada:

Founded in 1968, Plan Canada (PC) is an affiliate of Plan International. PC works to support social justice for children and to equip communities with the tools needed to fight poverty. It seeks to build sustainable solutions to improve the quality of life for people in developing countries. Plan Canada is inclusive of all faiths and cultures, mobilizing people around the world to create a sustainable environment in which children, families and communities can thrive.

Child sponsorships are Plan Canada's largest source of donations (61% in F2015). Plan Canada states that these donations are pooled and go to community development projects that benefit all the children and families living in the community. One of Plan's major initiatives, 'Because I am a Girl', addresses gender inequality, promoting girls' education and equal rights.

In F2015, Plan International trained 112,480 workers, 112,489 school staff and 225,774 health workers. PC also published 2,600 comics to guide victims of bullying. It responded to 44 disasters around the world, reaching 4 million people. Plan International built 100,000 toilets in developing countries and improved access to clean water for 2.2 million people. Plan International states that 89% of the population in countries it works in now have access to clean water, up from 76% in 1990.

Financial Review:

Plan Canada is one of Canada's Major 100 charities. It received donations of $141.3m in F2015. Administrative costs are 6% of revenues and fundraising costs are 19% of donations. Total overhead costs come to 25%, falling within Ci's reasonable range. PC's total funding reserves are $37.3m. Excluding donor-endowed funds of $2.5m, funding reserves can cover annual program costs for 2 months.

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

Updated on June 15th, 2016 by Mirza Ali Shakir.

Financial Ratios Fiscal year ending June	2015	2014	2013
Administrative costs as % of revenues	5.7%	6.2%	6.7%
Fundraising costs as % of donations	18.7%	20.7%	20.6%
Program cost coverage (%)	23.3%	22.9%	25.0%

Summary Financial Statements All figures in $000s	2015	2014	2013
Donations	141,258	122,856	111,717
Goods in kind	30,384	22,301	31,622
Government funding	30,520	25,098	22,725
Investment income	1,150	7,102	8,324
Total revenues	203,312	177,357	174,388
Program costs - International	145,912	120,889	120,736
Program costs - Canada	14,011	10,840	9,421
Administrative costs	11,576	10,567	11,050
Fundraising costs	26,338	25,395	23,004
Cash flow from operations	5,475	9,666	10,177
Funding reserves	37,271	30,151	32,549

Note: Ci has included sale of investments in its calculations of investment income, increasing revenues by $590k in F2015, $6.3m in F2014 and $7.7m in F2013. Ci removed amortization from administrative and fundraising costs to report amortization separately as a non-cash expense.

Comments added by the Charity:

Following comments were made by Plan Canada in the year 2014.

Plan International Canada Inc. (“Plan Canada”) has been a member of the Plan International global federation (“Plan”) since 1968. Plan Canada is a not-for-profit corporation, federally incorporated without share capital and granted status as a registered charity under the Income Tax Act (Canada), and continued under the Canada Not-for-profit Corporations Act on September 18, 2014.

Plan is a global movement for change, mobilizing millions of people around the world to support social justice for children in developing countries. Founded in 1937, Plan is one of the world’s oldest and largest international development agencies, working in partnership with millions of people around the world to end global poverty. Not-for-profit, independent and inclusive of all faiths and cultures, Plan has only one agenda: to improve the lives of children. Worldwide, Plan is a global federation made up of different legal entities operating in many countries around the world under the Plan name and brand. Plan International has built a reputation as one of the world's most effective and responsible development agencies.

Accountability to our donors, our partners and to the children, families and communities that we work with across 51 program countries is paramount. Annually, Plan Canada complies with all prescribed annual regulatory requirements including Canada Revenue Agency and Imagine Canada Accreditation Program. Plan Canada’s financial statements are audited on an annual basis by PricewaterhouseCoopers LLP (“PWC”), who conduct their audit in accordance with the recently issued Accounting Standards for Not-for-Profit Organizations (“ASNPO”) and are the same standards that apply to our peer organizations. This ensures integrity and transparency of our financial results on a basis that is consistent between organizations. Plan Canada’s and Plan’s current and past annual reviews and financial statements are available at plancanada.ca/financials.

Plan Canada respects Charity Intelligence’s choice to recast financial information using Non-ASNPO measures for the purposes of trying to achieve comparability amongst organizations. Given that these measures are not sanctioned by any regulatory authority and that these measures do not consider an organization’s operating complexity, our belief is that these measures will further confuse users. We fully support a donor's right to do their own independent research and be fully informed as to how they choose to spend their philanthropic dollars. Accordingly, Plan Canada directs interested parties to visit the Plan Canada website at plancanada.ca to see the depth and breadth of information available and to better understand how Plan Canada is contributing to helping children and their communities.