ACUMEN CANADA
Charitable organizationOrganizations relieving poverty·40 WORTH STREET · SUITE 303 · NEW YORK, NY · 10013·BN 818192130RR0001
Last reported: F2024 filing · period ending 2024-12-31
This charity filed the simplified return, so some figures can't be computed. Fewer numbers, never invented ones.
What it does — in its own words
Ongoing programs
THE BOARD OF DIRECTORS ENGAED IN ACTIVITIES IN 2024 TO ACHIEVE THE MANDATE OF THE CHARITY: RELIEVING POVERTY IN CANADA AND ABROAD BY IMPROVING THE SOCIO-ECONOMIC STATUS OF IMPOVERISHED COMMUNITIES BY PROVIDING FINANCIAL ASSISTANCE TO SOCIAL ENTERPRISES WHOSE FOCUS IS PROVIDING ACCESS TO AFFORDABLE NECESSITIES OF LIFE IN THOSE COMMUNITIES. A NUMBER OF INVESTMENTS WERE REVIEWED BUT NONE WERE MADE.
New programs
IN 2024 ACUMEN CANADA ENTERED INTO A CONTRACTOR AGREEMENT WITH ACUMEN FUND INC. IN SAID AGREEMENT ACUMEN CANADA RETAINED ACUMEN FUND INC TO PROVIDE TECHNICAL ASSISTANCE GRANT FUNDING ON BEHALF OF THE CANADIAN CHARITY. THROUGH THIS PARTNERSHIP THE BOARD OF DIRECTORS APPROVED THE DISBURSEMENT OF $175K USD IN TECHNICAL ASSISTANCE GRANT.
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.
Cents to cause
T1 · computed (open data)—
Not computable from this filing.
Sector median: 89¢ across 55,155 computed charities.
T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Operating overhead
T1 · computed (open data)—
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 ↗
Reserves
T1 · computed (open data)—
Years current reserves could cover program spending.
Sector quartiles: 0.4 yr / 0.8 yr / 7.5 yr (p25 / median / p90).
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗
Total revenue
T1 · computed (open data)$0K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)—
Share of revenue from receipted donations.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Government-funded
T1 · computed (open data)—
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 ↗
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 | $266K | — | — | — |
| 2020-12-31 | $274K | — | — | — |
| 2021-12-31 | $278K | — | — | — |
| 2022-12-31 | $12K | — | — | — |
| 2023-12-31 | $251K | — | — | — |
| 2024-12-31 | $0K | — | — | — |
| trend |
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 618 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.
Board of directors
5 directors reported · 5 of 5at arm's length
- DOWNS, LANDONPRESIDENT DIRECTORarm's length
- GOODMAN, ARIELLADIRECTORarm's length
- MURPHY, ELEANORDIRECTORarm's length
- GRANT, DEBORAHDIRECTORarm's length
- CARROLL, ERICDIRECTORarm'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
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Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗