At United Way Guelph Wellington Dufferin, we strive to be open and accountable regarding how the funds we raised are put to use in the community.
Our annual audits, performed by RLB LLP, show the organization is on sound financial footing, and that the financial practices at United Way are in accordance with Canadian generally accepted accounting principles.
We are often asked about fundraising costs for the annual United Way campaign. In 2015, fundraising costs were kept to 19 cents per dollar raised, well below Canadian benchmarks of 26%.
While fundraising costs are important to consider, industry experts agree that these costs are not the only measure of a charity’s success. Impact in the community, good governance, adequate financial reserves to cover unforeseen costs and other factors need to be taken into account when looking at an organization’s effectiveness. Our annual report, above, addresses many of these elements.
If you have any questions about the annual report or financial statement, please contact the office at 519-821-0571 or firstname.lastname@example.org. We are happy to speak to you about the reports and answer any questions you might have.
Annual Reports from Past Years
For more information, you can visit the Canada Revenue Agency Charities Directorate.