5685 Jeanne Mance
Montreal, QC H2V 4K7
President: Edward Binet
Treasurer: Josef Bleichfeld

Charitable Reg. #:81017 5273 RR0001

STAR RATING

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

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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.

Low

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.

100%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 100 cents are available for programs.

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OVERVIEW

About Kupas Hachesed Meoroth:

Established in 2007, Kupas Hachesed Meoroth (KHM) is a charity in Montreal that claims to raise funds for people living in poverty in Israel. Kupas Hachesed Meoroth is not financially transparent. Despite being a registered charity, it has not completed a T3010 filling with the CRA since 2016. The CRA requires all registered charities to file a T3010 each year. Ci could not find a website or further details about the charity’s programs and operations. KHM does not report any contact or compensation information in its T3010 CRA filings. 

Based on T3010 filings from F2010 to F2016, Kupas Hachesed Meoroth’s major charitable activity is sending funds to Israel’s poor. Since KHM’s establishment, the only international grant recipient reported in the T3010 filing is Yitzchok Shlomo Levy in Israel, receiving $21.0m (93% of total grants) in F2016. Ci does not know if this is an individual, a charity or other organization. In Canada, the largest 3 grants allocated in F2016 were to Chasdei Avos Foundation ($124k), Tzivos Hashem ($105k) and Mesivta Lubavitch ($90k).

Donor Advisory: In F2016, KHM granted $20k to Vaad Mishmeres Mitzvos. In January 2017, this organization had its charitable status revoked by the CRA. 

CanadaHelps, the on-line giving platform, shows Kupas Hachesed Meoroth also operating under the name Ellevate Network. 

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Finances

Kupas Hachesed Meoroth is not financially transparent. Its audited financial statements are provided when requested. Charity Intelligence's financial review uses the 2016 unaudited financial statements and T3010 filing. This is the most recent information we have received from the Charities Directorate from our request for information. 

Kupas Hachesed Meoroth was one of Canada’s largest charities in donations, a Major 100, in 2016 with total donations of $20.6m. This is an increase of 58% compared to F2015. Administrative costs are less than 1% of revenues. The charity does not report any fundraising costs in its most recent T3010 CRA filing. 

KHM sent $21.0m in F2016 to the Yitzchok Shlomo Levy in Israel, which accounted for 93% of total revenues. Based on the data collected, KHM has sent $129.4m to Israel since its establishment in 2007. It appears that every year, the only recipient of the funds sent overseas is Yitzchok Shlomo Levy. 

As of F2016, KHM holds funding reserves of $133k which consist only of cash and can cover 2% of annual program and granting costs.

Ci was unable to contact Kupas Hachesed Meoroth for the review of this profile.

Updated on August 16, 2021 by Brenleigh Jebb. 

Financial Review


Financial Ratios

Fiscal year ending November
201620152014
Administrative costs as % of revenues 0.0%0.0%0.0%
Fundraising costs as % of donations 0.0%0.0%0.0%
Program cost coverage (%) 0.6%1.5%1.2%

Summary Financial Statements

All figures in $000s
201620152014
Donations 20,55513,03812,217
Other income 1,9091,4761,884
Total revenues 22,46414,51414,101
Program costs - International 21,90213,36513,686
Grants 6431,092534
Administrative costs 666
Cash flow from operations (88)51(125)
Funding reserves 133221169

Salary Information

Full-time staff: 0

Avg. compensation: $0

Top 10 staff salary range:

$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 F2016

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Comments & Contact

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Charity Contact

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