Moneysense has been helping Canadians make informed choices about their donations and we're proud to make their top 100 Charity list for 2019.
Rankings are based on:
Finacial efficiency: 1) how much of a charity’s total revenue is eaten up by administrative costs; 2) how much it costs a charity to raise a dollar, calculating the percentage of donations and special events revenue eaten up by fundraising costs; 3) effective financial reserves; and 4) top-paid employee salary
Financial transparency: 1) how well charities communicate their missions and impact to the public; and 2) the presence of audited financial statements.
Financial efficiency data is sourced from Charity Intelligence, a research organization that analyzes Canadian charities based on financial statements, the most accurate way to measure financial information.