OVER 55 (LONDON) INC.
Charitable organizationOrganizations relieving poverty·78 RIVERSIDE DRIVE · LONDON, ON · N6H 1B4·BN 119074896RR0001·website ↗
Last reported: F2024 filing · period ending 2024-03-31
Cents to cause T1
89¢
of each dollar spent, to programs
Operating overhead T1
11%
typical range 5–35%
Reserves T1
0.3 yr
of program spending, in cash and investments
Revenue T1
$269K
not reviewed by an analyst (Charity Intelligence)
— means the filing doesn't include the lines needed; details and sources below.·How to read these figures
Common questions
How do I donate to Over 55 (London) Inc.?
You can search for it on CanadaHelps or give directly through its own website. Charity Compass never handles your money — we only link out to where you can give.
Is Over 55 (London) Inc. a registered charity?
Per CRA records, it filed a F2024 T3010 return under charity number 119074896RR0001. Registration status can change, so check the CRA charities listing for its current status. Only a currently registered charity can issue an official donation receipt.
Where is Over 55 (London) Inc. located?
Per its F2024 T3010, its address on file is 78 RIVERSIDE DRIVE, LONDON, ON, N6H 1B4. Source.
What does Over 55 (London) Inc. do?
In its own words, from its F2024 T3010 filing: "GENERATING MEANINGFUL WORK AND VOLUNTEER OPPORTUNITIES FOR OLDER ADULTS. ASSISTING ADJUST TO IMPROVE THEIR ECONOMIC SECURITY SENSE OF COMMUNITY AND QUALITY OF LIFE BY CONNECTING THEM WITH INCOME EARNING OPPORTUNITIES AND SERVICES.CONTINUING TO SUPPORT SENIORS CONNECTING WITH ONE ANOTHER IN AN EFFORT TO REDUCE…" Full program description.
How much of Over 55 (London) Inc.'s spending goes to programs?T1
Per its F2024 T3010, 89¢ of each dollar it spent went to programs (self-reported, not independently verified). Full figures.
How big is Over 55 (London) Inc.?T1
Its last-reported revenue was $269K (F2024), which places it in Charity Compass's under $1M revenue band, alongside 27,629 other operating charities.
What it does — in its own words
Ongoing programs
GENERATING MEANINGFUL WORK AND VOLUNTEER OPPORTUNITIES FOR OLDER ADULTS. ASSISTING ADJUST TO IMPROVE THEIR ECONOMIC SECURITY SENSE OF COMMUNITY AND QUALITY OF LIFE BY CONNECTING THEM WITH INCOME EARNING OPPORTUNITIES AND SERVICES.CONTINUING TO SUPPORT SENIORS CONNECTING WITH ONE ANOTHER IN AN EFFORT TO REDUCE ISOLATION. OVER 55 ALONG WITH OTHER COMMUNITY PARTNERS HAS ENGAGED WITHIN A LMP PROJECT. THIS PROJECT IS TO INVESTIGATE THE OPPORTUNITIES AND ISSUES THE HUMAN RESOURCE NEEDS THE TRAINING AND SKILL-BUILDING NEEDS AND THE SOCIETAL/SYSTEMIC CHANGES NEEDED IN RELATION TO THE LONGEVITY … Show more
GENERATING MEANINGFUL WORK AND VOLUNTEER OPPORTUNITIES FOR OLDER ADULTS. ASSISTING ADJUST TO IMPROVE THEIR ECONOMIC SECURITY SENSE OF COMMUNITY AND QUALITY OF LIFE BY CONNECTING THEM WITH INCOME EARNING OPPORTUNITIES AND SERVICES.CONTINUING TO SUPPORT SENIORS CONNECTING WITH ONE ANOTHER IN AN EFFORT TO REDUCE ISOLATION. OVER 55 ALONG WITH OTHER COMMUNITY PARTNERS HAS ENGAGED WITHIN A LMP PROJECT. THIS PROJECT IS TO INVESTIGATE THE OPPORTUNITIES AND ISSUES THE HUMAN RESOURCE NEEDS THE TRAINING AND SKILL-BUILDING NEEDS AND THE SOCIETAL/SYSTEMIC CHANGES NEEDED IN RELATION TO THE LONGEVITY ECONOMY IN THE LONDON AREA.
Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗
Tier 1 — what we computed (open data)
From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure. New to these terms? Read what cents to the cause, overhead and reserves mean.
89¢
Per its F2024 T3010, 89¢ of each dollar spent went to programs. The rest ran the organization and raised money; higher is not automatically better.
Sector median: 89¢ across 55,155 computed charities; 89¢ among those its size (under $1M).
this charity 89¢ · sector median 89¢ · all 55,155 computed charities
T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗ · what this means
11%
Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.
T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗ · what this means
0.3 yr
Years that cash, bank balances and investments on hand could cover program spending; liabilities and restricted funds are not netted out.
Charities its size (under $1M, 27,629): median 1 yr; 14% hold under half a year. All operating charities: median 0.8 yr.
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗ · what this means
Total revenue
T1 · computed (open data)$269K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)0%
Share of revenue from receipted donations.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
96%
Share of revenue from federal, provincial, and municipal sources.
T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗ · what this means
Where the money comes from
Shares of last-reported revenue, per its F2024 T3010. Self-reported; not independently verified.
Receipted donationsT1
0%
T3010 4500 ÷ 4700
GovernmentT1
96%
T3010 4570 (or 4540+4550+4560) ÷ 4700
Other revenueT1
4%
T3010 remainder ÷ 4700
Self-reported on the T3010; not independently verified. source ↗
Over the years
Every figure as filed at each fiscal period end, 2019–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2019-12-31 | $287K | 46¢ | 51% | 0.6 yr |
| 2020-12-31 | $330K | 46¢ | 54% | 0.6 yr |
| 2021-12-31 | $228K | 90¢ | 10% | 0.2 yr |
| 2022-12-31 | $412K | 89¢ | 11% | 0.5 yr |
| 2023-12-31 | $697K | 89¢ | 11% | 0.2 yr |
| 2024-03-31 | $269K | 89¢ | 11% | 0.3 yr |
| trend |
Swipe sideways to see every column.
From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · ✱ = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). source ↗
★ Tier 2 — Charity Intelligence (analyst-reviewed)
Not rated by Charity Intelligence. Their analysts cover 819 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.
Similar charities
Same CRA category, revenue within 20× of this one, and the closest program descriptions in their own filings. A shortlist to compare, not a ranking.
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- COMMUNITY CENTRE 55
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- SENIORS SECRET SERVICE SOCIETY
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Figures per each charity's F2024 T3010 · self-reported, not audited by us · ✱= that filing's expense lines don't reconcile · open a profile for sources and caveats.
Board of directors
3 directors reported · 3 of 3at arm's length
- LUNDY, ANGELACHAIRarm's length
- LOWE, GARYTREASURER/DIRECTORarm's length
- PELLEJA, ROBDIRECTORarm's length
From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗
Right of reply
This charity hasn't added a response yet. When it does, it appears here, beside the numbers, and is never removed. Represent this charity? Submit a response.
Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗