Charity Tzedakah Montreal
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
F
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
96%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 96 cents are available for programs.
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OVERVIEW
About Charity Tzedakah Montreal:
Charity Tzedakah Montreal is a 0-star charity. The charity has an F Results Reporting grade, which is below average. Its overhead spending is outside Ci’s reasonable range, and its reserve funds can cover program costs for less than 1 month. This is within Ci’s reasonable range. Before you give, please read Charity Intelligence’s report.
Founded in 2018, Charity Tzedakah Montreal reports that it provides assistance to needy people. In F2023, the charity spent $5.4m on its Canadian programs but provides no detail on this spending. It granted $1.8m to 74 grantees. The charity reports that it sent $11.6m to “various individuals and organizations” in Israel. The charity does not provide any additional information on its programs. Charity Tzedakah Montreal does not have a website. This report was compiled using the charity’s T3010 filing with the CRA and unaudited financial statements.
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Results and Impact
Charity Intelligence did not find any quantifiable metrics for Charity Tzedakah Montreal. This may not be a complete representation of Charity Tzedakah Montreal’s results and impact.
This charity is not yet rated for demonstrated impact (n/r).
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Finances
Charity Tzedakah Montreal is not financially transparent. As shown in the unaudited financial statements, no procedures were done to verify the accuracy or completeness of the financial information provided by management.
Charity Tzedakah Montreal follows line-item costing, which is not a best practice. This means that Ci referred to its T3010 filings with the CRA to report program, administrative and fundraising costs.
Charity Tzedakah Montreal received $17.8m in Canadian donations in F2023. The charity spent $5.4m (31% of revenue) on its Canadian programs. The charity spent $11.6m (65% of revenue) on international program costs, to “various individuals and organizations in Israel.” This is a 150% increase from $4.6m in international program spending in F2022.
Charity Tzedakah Montreal gave 74 grants with an average amount of $24k. In F2023, the charity gave $323k to Congregation Sheves Achim (18% of total grants), $218k to Congregation Yetev Lev D’Satmar (12% of total grants), $165k to Mifalei Chaim Bechesed (9% of total grants), $139k to Imray Chaim D’Chasidai Waznitz (8% of total grants) and $76k to Jewish Heritage Foundation (4% of total grants).
Charity Tzedakah Montreal spent $103k on administration, which is 0.6% of revenue. The charity spent $656k on fundraising, which is 3.7% of revenue. For every dollar donated, 96 cents are available to go to the cause. This is outside Charity Intelligence’s reasonable range of overhead spending, which is between 65 and 95.
Charity Tzedakah Montreal recorded a deficit of $1.8m in F2023, meaning that it had to draw on its cash reserves.
Charity Tzedakah Montreal has $77k in funding reserves. The reserves can cover 0.4% or less than 1 month of its annual program costs. This is within Charity Intelligence’s reasonable range.
Charity Tzedakah Montreal does not report any paid employees on its compensation schedule on its T3010 filing with the CRA.
Charity Intelligence is unable to contact Charity Tzedakah Montreal for review of this profile.
Profile updated by Leah Holmes on May 27, 2025. Comments and corrections may be forthcoming.
Financial Review
Fiscal year ending December
|
2023 | 2022 | 2021 |
---|---|---|---|
Administrative costs as % of revenues | 0.6% | 0.8% | 0.4% |
Fundraising costs as % of donations | 3.7% | 2.8% | 0.8% |
Total overhead spending | 4.3% | 3.6% | 1.2% |
Program cost coverage (%) | 0.4% | 15.4% | 14.3% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
---|---|---|---|
Donations | 17,792 | 12,789 | 11,623 |
Total revenues | 17,792 | 12,789 | 11,623 |
Program costs - International | 11,580 | 4,631 | 3,119 |
Program costs - Canada | 5,440 | 5,906 | 3,791 |
Grants | 1,772 | 1,387 | 3,088 |
Administrative costs | 103 | 108 | 41 |
Fundraising costs | 656 | 356 | 98 |
Total spending | 19,551 | 12,387 | 10,136 |
Cash flow from operations | (1,758) | 401 | 1,487 |
Capital spending | 0 | 0 | 0 |
Funding reserves | 77 | 1,835 | 1,434 |
Note: Ci used the T3010 filing to back out international program costs from Canadian charitable activities and reported this amount separately.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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Comments & Contact
Comments added by the Charity:
Charity Contact
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