Chabad Lubavitch Youth Organization
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.
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.
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 Chabad Lubavitch Youth Organization:
Chabad Lubavitch Youth Organization is 0-star rated charity. It is not financially transparent, has Low demonstrated impact, does not report its program results and its overhead costs are outside Ci's reasonable range. Due to interest-bearing debt, the charity has negative reserve funds. Before you give, read Charity Intelligence’s report.
Founded in 1991, Chabad Lubavitch Youth Organization is a Jewish orthodox charity based in Montreal. As per its CRA filing, Chabad Lubavitch Youth Organization (CLYO) provides religious instructions, helps the less fortunate, and provides shelter and food. The charity spent $938k on programs in F2021; however, it does not disclose which programs it operates. CLYO does not have a working website or publicly available information about its programs online. The website link provided by the charity on its T3010 filing is invalid.
CLYO granted $72k in F2021 to other organizations, of which $10k went to the Ufaratsta Jewish Outreach centre.
There is alarmingly little information about Chabad Lubavitch Youth Organization online, its programs are unclear and it does not disclose any quantifiable information about its work.
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Results and Impact
Chabad Lubavitch Youth Organization does not have a working website or publicly available information about its programs online. The charity does not publicly report its results and impact online.
Charity Intelligence has rated Chabad Lubavitch Youth Organization as Low impact based on demonstrated social impact per dollar.
Impact Rating: Low
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Finances
Chabad Lubavitch Youth Organization is not financially transparent. Its financial statements are unaudited and are not publicly available.
Financial analysis was based on the most recent notices to reader received from the CRA (F2021 and F2020) which are unaudited and unreviewed. Chabad Lubavitch Youth Organization had total donations of $1.3m in F2021. When Ci analysis on CLYO began in F2010, and up until F2015, donations were between $6.8m and $7.5m. In F2016, they dropped 81% from $7.5m to $1.4m without indication of potential reasons. Since F2016, donations have remained under $1.5m.
In F2021, administrative costs were 4% of revenues and fundraising costs were less than 1% of donations. This results in total overhead spending of 4%. For every dollar donated, 96 cents go to the cause, which is outside of Ci’s reasonable range for overhead spending. In F2021, the charity had net reserve funds of ($515k), due to mortgages payable of $1.1m and $175k in other interest-bearing debt. Excluding debt, CLYO could cover 78% or nine months of annual program costs with reserves.
The Charities Directorate of Canada recommends every charity with over $250k in donations have audited financial statements. Charity Intelligence strongly recommends that donors seek additional information on this charity prior to donating.
In F2021, Chabad Lubavitch Youth Organization reported it spent a total of $133k in salaries for 6 full-time employees, resulting in an average salary of $22k. As the salary for a full-time worker is typically much higher, these numbers may be incorrect.
This charity report is an update that has been sent to Chabad Lubavitch Youth Organization for review. Changes and edits may be forthcoming.
Updated on August 3, 2023 by Victoria Allder.
Financial Review
Fiscal year ending December
|
2021 | 2020 | 2019 |
---|---|---|---|
Administrative costs as % of revenues | 3.9% | 3.5% | 22.1% |
Fundraising costs as % of donations | 0.2% | 1.6% | 1.5% |
Total overhead spending | 4.1% | 5.1% | 23.6% |
Program cost coverage (%) | (51.0%) | (123.8%) | (153.3%) |
Summary Financial StatementsAll figures in $s |
2021 | 2020 | 2019 |
---|---|---|---|
Donations | 1,324,578 | 1,250,200 | 1,142,186 |
Government funding | 38,097 | 43,473 | 116,908 |
Other income | 181,448 | 127,674 | 65,732 |
Total revenues | 1,544,123 | 1,421,347 | 1,324,826 |
Program costs | 938,071 | 1,008,399 | 926,090 |
Grants | 72,340 | 92,576 | 100,983 |
Administrative costs | 60,387 | 49,812 | 292,103 |
Fundraising costs | 2,091 | 19,630 | 17,562 |
Other costs | 59,153 | 19,276 | 93,357 |
Total spending | 1,132,042 | 1,189,693 | 1,430,095 |
Cash flow from operations | 412,081 | 231,654 | (105,269) |
Capital spending | 0 | 0 | 0 |
Funding reserves | (515,149) | (1,362,977) | (1,574,836) |
Note: Financial statements are not audited. Program, administrative, and fundraising costs and grants were taken from the charity's CRA T3010 filings in F2021 and F2020. The F2019 T3010 filing did not report any program or administrative costs, so Ci allocated these as best as possible based on the unaudited statements. Ci backed out interest reported on the unaudited statements from program costs in F2021 and F2020. The unaudited statements do not have any accompanying notes so Ci was unable to make any further adjustments.
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 |
6 |
Information from most recent CRA Charities Directorate filings for F2021
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Comments & Contact
Comments added by the Charity:
Charity Contact
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