FINANCIALS
FINANCIALS
Plan International Canada will always ensure donors are informed about what their donations are used for. Being open and accountable is one our core values, and we are strongly committed to financial transparency and accountability. Our financial statements are independently audited by a team of professional auditors and accountants from PricewaterhouseCoopers LLP (PwC) and prepared in accordance with accounting standards for not-for-profit organizations (ASNPO) in Canada. Plan International Canada also complies with all regulatory requirements, including those held by the Canada Revenue Agency and the Imagine Canada accreditation program. Plan International Canada supports Plan International in implementing programs that build long-lasting impact in more than 80 countries around the world. We are strongly committed to financial transparency and accountability. Why we report our financials the way we do We adhere to all established ASNPO accounting benchmarks.
REVENUE Where does our support come from?
Fundraising Operations 7.3% Operations 10.8% Fundraising EXPENDITURES What percentage of donations goes to Plan International Canada programs? Government & other grants 48.1% Child Sponsorship 24.2% Gifts in kind 14.1% Contributions, gifts 12.8% & bequests Investments & other income 0.8% Total FY22 revenue: $274 million 81.9% Program expenditures
BEST IN CLASS Girls accessing their right to education in Nicaragua, Zimbabwe and Laos.
Government & other grants 48.1% Child Sponsorship 24.2% Gifts in kind 14.1% Contributions, gifts 12.8% & bequests Investments & other income 0.8% Total FY22 revenue: $274 million
Program expenditures
81.9% 10.8%
7.3%
Total expenditures: $270 million
82 cents of every dollar went toward programming for children and their communities worldwide. We focused on improving education, health, protection from violence, humanitarian response and resilience and youth leadership and economic empowerment. This also includes Canadian-based youth and advocacy programs.
18 cents of every dollar went toward fundraising and operations to ensure that our programs are run efficiently and effectively . These funds go toward marketing, developing and administrating our program-related services and fundraising initiatives. We also invest in rigorous child-safeguarding and risk- management protocols training.
REVENUE INCREASE: We received $274 million in support in fiscal 2022, up from $237 million in fiscal 2021.
PROGRAM EXPENDITURES Areas of work this funding supported:
Health
46.7%
Humanitarian response & resilience Health Humanitarian response & resilience Youth leadership & economic empowerment Protection from violence Protection from violence Education Education Youth leadership & economic empowerment
46.7%
24.3% 10.2%
24.3% 10.2%
Total FY22 expenditures: $270 million Our fiscal year ran from July 1, 2021, to June 30, 2022. This excludes the purchase and amortization of capital or intangible assets and investment value fluctuation.
10.2%
10.2%
8.6%
8.6%
VISIT OUR WEBSITE TO SEE OUR COMPLETE FINANCIAL STATEMENTS
READ OUR AUDITED 2022 PLAN INTERNATIONAL CANADA FINANCIAL STATEMENTS
82 | 2022 Annual Report
2022 Annual Report | 83
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