OCLF’s fiscal year end is December 31st and financial statements are reviewed by Cremers & Elliott, Chartered Accountants of Calgary, AB, Canada. Annual return information is available from Canada Revenue Agency. OCLF’s charitable registration number is 88 990 4264RR0001.
2024 Expense Breakdown
Programs/operations 85%
Book purchases and publishing initiatives; library supplies including furniture and cleaning materials; literacy classes; theatre/dance/French instruction; community workshops; repairs and maintenance; facility improvements, and Ghana staff benefits (medical expenses, education and family bereavement allowances, and a pension plan). Local government is responsible for salaries of library workers. Osu Library Fund, Ghana, employs a library coordinator and a manager for its rural outreach program. Osu Children’s Library Fund, Canada, has no employees.
Administration 8%
Annual review engagement (a Canadian Revenue Agency requirement); banking charges, and communication (Ghana/Canada)
Travel 7%
In-Ghana travel for librarians and a library coordinator and to/from Canada for program director
Fundraising less than 1%
