Habitat for Humanity GTA

155 Bermondsey Road
Toronto, ON M4A 1X9
CEO: Ene Underwood
Board Chair: Martin Blake

Charitable Reg. #:13382 4680 RR0001


Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 3/5]



Audited financial statements for current and previous years available on the charity’s website.



Grade based on the charity's public reporting of the work it does and the results it achieves.



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 69 cents are available for programs.

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About Habitat for Humanity GTA:

Habitat for Humanity Greater Toronto Area is a 3-star charity with Fair demonstrated impact. It has an excellent results reporting grade of A. For every dollar donated to the charity, 69 cents are available to go to the cause, which is within Ci's reasonable range. 

Founded in 1988, Habitat for Humanity Toronto provides affordable housing in the GTA. Habitat for Humanity Greater Toronto Area (Habitat GTA) formed in 2014 when three Habitat affiliates merged: Habitat Toronto, Habitat Brampton-Caledon, and Habitat York Region. Habitat GTA is one of 46 Habitat for Humanity affiliates in Canada that work toward a nation where everyone has a safe and stable place to live.

Habitat GTA’s homeownership program provides working low-income families with the opportunity to purchase an affordable home, typically with no down payment required. The charity offers fixed, 20-year mortgages with zero interest and payments capped at 30% of annual household income. After it receives mortgage payments, Habitat GTA reinvests the money into building more houses. To become eligible to buy a house, families must meet Habitat for Humanity’s low-income criteria and contribute 500 hours of “sweat equity” to help build Habitat homes or volunteer at ReStores.

Habitat GTA reports 11 families moved into its Keele and Wellesely locations in F2022. Since its founding in 1988, Habitat GTA has built 22 new communities for 450 families. The charity reports five community locations are currently under construction which will provide 101 homes. Habitat GTA expects to provide homes to over 60 families in F2023. The charity is also involved in a Black Homeowners program. Habitat GTA reports it will help 200 black homeowners by 2027.

Habitat GTA also operates ReStore, a business that sells new and lightly used building materials and home products at 40% - 60% off retail prices. These materials are donated from the public or the national charity (Habitat for Humanity Canada). Habitat GTA operates ten ReStore locations across the GTA.

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Results and Impact

In August 2020, Habitat for Humanity GTA published a report of survey results from 15 families before and after moving into Habitat homes. It found that 82% of families reported satisfactory air quality and 80% reported no insect or rodent infestations one year after moving into their new homes. This compares to 40% and 20% of families, respectively, in their initial homes.

Habitat for Humanity Canada states that every dollar donated to its Canadian building operations produces $4 of social value, as reported in a 2015 impact analysis by Boston Consulting Group. The evaluation found that the estimated value to society that Habitat for Humanity generates per family is around $175,000. In addition to the social return on investment, families reported higher levels of well-being and improved social engagement.

While Ci highlights these key results, they may not be a complete representation of Habitat for Humanity GTA’s results and impact.

Charity Intelligence has given Habitat for Humanity GTA a Fair impact rating for demonstrated impact per dollar.

Impact Rating: Fair

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Habitat GTA received $5.0m in donations and $2.8m in government funding in F2022. Government funding represents 12% of revenue. The charity received $5.1m in mortgage payments (fees for service), representing 22% of revenue. Habitat GTA received $8.2m in donated goods in kind, representing 36% of revenue. $8.0m of donated goods in kind is donated land the charity received. Administrative costs are 8% of revenue (excluding investment income) and fundraising costs are 23% of donations. This results in total overhead spending of 31%. For every dollar donated to the charity, 69 cents are available to go to the cause, which is within Ci’s reasonable range.

Habitat GTA’s reserve funds are shown as negative since its interest-bearing debts of ($20.7m) exceed its liquid assets of $5.2m. This is common for Habitat for Humanity chapters across Canada, which hold mortgages for first-time homeowners. Excluding interest-bearing debts, Habitat GTA’s funding reserves can cover 21% or just under three months of annual program costs.

Charity Intelligence has sent this update to Habitat for Humanity GTA for review. Changes and edits may be forthcoming.

Updated on June 29, 2023 by Liam Chapleau

Financial Review

Financial Ratios

Fiscal year ending December
Administrative costs as % of revenues 8.3%9.5%7.8%
Fundraising costs as % of donations 22.8%26.0%26.2%
Total overhead spending 31.1%35.5%34.0%
Program cost coverage (%) (62.8%)(84.8%)(168.6%)

Summary Financial Statements

All figures in $000s
Donations 5,0104,0833,885
Goods in kind 8,2105666,026
Government funding 2,7583,2644,533
Fees for service 5,0749,1094,001
Business activities (net) 1,27614174
Investment income 45729950
Other income 00(156)
Total revenues 22,78517,33418,512
Program costs 24,72719,33011,613
Administrative costs 1,8491,6221,437
Fundraising costs 1,1411,0601,017
Total spending 27,71722,01314,068
Cash flow from operations (4,933)(4,678)4,445
Capital spending 225113108
Funding reserves (15,534)(16,385)(19,578)

Note: To better reflect Habitat for Humanity GTA’s homeownership operations, Ci included mortgage payments received and core construction costs in this analysis. Ci classified mortgage payments received as fees for service, affecting revenues by $5.1m in F2022, $9.1m in F2021, and $4.0m in F2020. Ci classified home and project development costs as program costs, affecting expenses by $20.4m in F2022, $15.6m in F2021, and $7.9m in F2020. Ci reported ReStore revenues net of cash expenses (excluding amortization and losses on disposal) in business activities. This affected revenues and expenses by ($7.4m) in F2022, ($7.1m) in F2021, and ($6.4m) in F2020. In F2020, Habitat for Humanity GTA received covid-19 emergency funding from the federal government, which it included in both ReStore revenues and investment income. Ci reported all government funding together, removing the amounts reported in business activities and investment income. Ci included donated land as goods in kind, affecting revenues by $8.0m in F2022, $322k in F2021, and $5.9k in F2020. To report on a cash basis, Ci used the charity’s financial notes to exclude amortization and losses on disposal from expenses. Ci included deferred contributions, affecting revenue in the amount of $1.5m in F2022, $2.0m in F2021, and $1.7m in F2020. Deferred revenue consists of deferred contributions, deferred capital contributions, and a forgivable loan from CMHC.

Salary Information

Full-time staff: 109

Avg. compensation: $74,405

Top 10 staff salary range:

$350k +
$300k - $350k
$250k - $300k
$200k - $250k
$160k - $200k
$120k - $160k
$80k - $120k
$40k - $80k
< $40k

Information from most recent CRA Charities Directorate filings for F2022

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Comments & Contact

Comments added by the Charity:

The following comments were added to a previous profile update. New comments may be forthcoming.

The chasm between incomes and housing prices in the GTA has driven a situation where the need for affordable housing has never been greater for working, lower-income families in the regions where we build. In the last five years, only 2% of homes built or under development are affordable. A 2019 RBC study described the situation as drastic and reported that only 20% of GTA households can afford a home in the area.
Against this challenge, our mission remains the same, and philanthropic donations remain critical to Habitat for Humanity GTA’s work to build more decent, affordable homes and deliver affordable homeownership to working, lower-income families. Our donors and supporters are confident of our proven and enduring model for three specific reasons:
1. Net profits from our ReStore social enterprise directly fund our overhead costs for administration and fundraising. In this way we are able to maximize the impact of every contribution, cash and non-cash. In calculating all contributions, and applying our ReStore profits against our expenses, Habitat for Humanity GTA’s “cents to cause” in 2018 is a healthy 74.5%.
2. Our Mortgage Model ensures that funds are continuously reinvested to enable us to build more homes for more GTA families.
3. The number of homes we are building is growing year over year, with our largest build ever – 50 homes at Pinery Trail in Scarborough (Toronto) – to be completed before year end 2019.
Habitat for Humanity GTA continues to be nimble and innovative as we develop strategies to build more homes, house more families, and strengthen more communities. We are only able to do this through the generous cash and gifts-in-kind donations from individuals and corporations across the GTA – your support is the catalyst for building these homes and helping our communities remain strong, vibrant and inclusive.


*Sources: Boston Consulting Group, Transforming Lives: The Social Return of Habitat's Work in Canada, 2015

Charity Contact

Website: www.habitatgta.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-755-7353


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Charitable Registration Number: 80340 7956 RR0001