2023 Financial independence and accountability
As part of MSF’s effort to guarantee our independence and strengthen the organization’s link with society, we strive to
maintain a high level of private income. In 2023, 98 per cent of MSF’s income came from private sources.
More than 7.3 million individual donors, private foundations and corporations worldwide made this possible. Public
institutional agencies providing funding to MSF included, among others, the governments of Canada and Switzerland;
the World Health Organization, the Global Fund to Fight AIDS, Tuberculosis and Malaria; the International Drug Purchase Facility; and some national health institutes, regional councils and municipalities of France, Luxemburg and Switzerland.
HOW WAS THE MONEY SPENT? figures in millions of Canadian dollars | 2023 | 2022 | ||
---|---|---|---|---|
Social mission | ||||
Program expenses1 | 2,176 | 64% | 1,923 | 65% |
Program support | 420 | 13% | 348 | 12% |
Awareness-raising | 80 | 2% | 68 | 2% |
Other humanitarian activities | 31 | 1% | 40 | 1% |
Total social mission | 2,707 | 80% | 2,380 | 80% |
Other expenses | ||||
Fundraising | 502 | 15% | 446 | 15% |
Management and general administration | 168 | 5% | 143 | 5% |
Total other expenses | 670 | 20% | 589 | 20% |
TOTAL OPERATING EXPENSES | 3,377 | 100% | 2,969 | 100% |
WHERE DID THE MONEY COME FROM? | 2023 | 2022 | ||
---|---|---|---|---|
Private income | 3,393 | 98% | 3,001 | 97% |
Public institutional income | 35 | 1% | 32 | 1% |
Other income | 31 | 1% | 53 | 2% |
TOTAL INCOME | 3,459 | 100% | 3,085 | 100% |
1 Program expenses represent expenses incurred in the projects or by headquarters on behalf of the projects. All expenses are allocated in line with the main activities performed by MSF according to the full cost method. Therefore, all expense categories include salaries, medical costs, logistics and transport costs and other direct costs.
Taken from the latest MSF International Activity Report, financial activities originally published in euros are converted to Canadian dollars at the average rate for that year. The average rate in 2023 was 1.463. Rounding may result in apparent inconsistencies in totals.
how was the money spent?
where did the money come from?
*Other income:
• Interest, investment income
• Equipment and services sold to other organizations
• Investment subsidies recorded as income
• Other revenues
• Merchandising