Rising Tide Community Initiatives Communautaire Marée Montante Inc.
Charitable organizationOrganizations relieving poverty·45 YORK ST · MONCTON, NB · E1C 2Y4·BN 762785335RR0001·website ↗
Last reported: F2024 filing · period ending 2024-03-31
Cents to cause T1
100¢
of each dollar spent, to programs
Operating overhead T1
48%
typical range 5–35%
Reserves T1
0.4 yr
of program spending, in cash and investments
Revenue T1
$2.2M
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
This filing's expense lines don't reconcile: program spending (line 5000) plus overhead (5010 + 5020) adds up to more than total spending (4950). Cents-to-cause and overhead can't both be right, and the filing doesn't say which — so this charity is left out of ranked search results for this filing year. We show both figures exactly as filed; read them together with this in mind, or check the public record ↗.
Common questions
How do I donate to Rising Tide Community Initiatives Communautaire Marée Montante 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 Rising Tide Community Initiatives Communautaire Marée Montante Inc. a registered charity?
Per CRA records, it filed a F2024 T3010 return under charity number 762785335RR0001. 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 Rising Tide Community Initiatives Communautaire Marée Montante Inc. located?
Per its F2024 T3010, its address on file is 45 YORK ST, MONCTON, NB, E1C 2Y4. Source.
What does Rising Tide Community Initiatives Communautaire Marée Montante Inc. do?
In its own words, from its F2024 T3010 filing: "Rising Tide Community Initiatives Inc. was established as a non-profit charity in 2019 to support the City of Moncton Implementation Plan for Affordable Housing with the objective of creating affordable housing units for low-income residents and the most vulnerable members of the community. In doing so Rising Tide…" Full program description.
How much of Rising Tide Community Initiatives Communautaire Marée Montante Inc.'s spending goes to programs?T1
Per its F2024 T3010, 100¢ of each dollar it spent went to programs (self-reported, not independently verified). Full figures.
How big is Rising Tide Community Initiatives Communautaire Marée Montante Inc.?T1
Its last-reported revenue was $2.2M (F2024), which places it in Charity Compass's $1M–$10M revenue band, alongside 9,072 other operating charities.
What it does — in its own words
Ongoing programs
Rising Tide Community Initiatives Inc. was established as a non-profit charity in 2019 to support the City of Moncton Implementation Plan for Affordable Housing with the objective of creating affordable housing units for low-income residents and the most vulnerable members of the community. In doing so Rising Tide would contribute to the City’s goal of a 50% reduction in the number of people experiencing chronically homelessness.
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.
100¢
As filed: 100¢ of each dollar to programs — but this filing's expense lines don't reconcile (see note above).
Sector median: 89¢ across 55,155 computed charities; 87¢ among those its size ($1M–$10M).
T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗ · what this means
48%
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
0.4 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 ($1M–$10M, 9,072): median 0.5 yr; 43% 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)$2.2M
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 ↗
66%
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
66%
T3010 4570 (or 4540+4550+4560) ÷ 4700
Other revenueT1
34%
T3010 remainder ÷ 4700
Self-reported on the T3010; not independently verified. source ↗
Over the years
Every figure as filed at each fiscal period end, 2023–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2023-03-31 | — | 92¢ | 8% | 1 yr |
| 2024-03-31 | $2.2M | 100¢ | 48% | 0.4 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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- MISSION COMMUNAUTAIRE DE MONTREAL / MONTREAL CITY MISSION
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- MARKET SQUARE NON-PROFIT HOUSING CORP.
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- Housing for Life Inc./Habitation pour la vie inc.
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96¢to programs · T1
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
9 directors reported · 9 of 9at arm's length
- Hicks, DalePresidentarm's length
- Lutes, GregVice Presidentarm's length
- McInnes, DebbieDirectorarm's length
- Reid, ShannonTreasurerarm's length
- MacLellan, DonSecretaryarm's length
- Forbes, LawrenceDirectorarm's length
- Ermen Cormier, DawnDirectorarm's length
- Mann, MikeDirectorarm's length
- Wishart, JohnDirectorarm'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 ↗