FURNITURE BANK
Charitable organizationOrganizations relieving poverty·UNIT 1 25 CONNELL COURT · TORONTO, ON · M8Z 1E8·BN 872531843RR0001·website ↗
Last reported: F2024 filing · period ending 2024-12-31
What it does — in its own words
Ongoing programs
THE ORGANIZATION PROVIDES NEWCOMERS LOW-INCOME INDIVIDUALS AND FAMILIES WITH THE HOME FURNISHING ESSENTIALS NEEDED TO CREATE THE CONDITIONS OF COMFORT DIGNITY AND STABILITY THAT COME FROM HAVING A FURNISHED HOME AND OVERCOMING THE CRISIS OF FURNITURE POVERTY. CLIENTS INCLUDE WOMEN AND CHILDREN LEAVING SHELTERS THE FORMERLY HOMELESS INDIGENOUS AND NEWCOMERS AND REFUGEES TO CANADA. FURNITURE REMOVAL REPAIR AND REUSE SOCIAL INNOVATION PROGRAMS PROVIDE THE FUNDING AND FURNISHINGS TO END FURNITURE POVERTY WHILE KEEPING GOOD FURNITURE OUT OF LANDFILLS. THE ORGANIZATION'S SOCIAL HIRE PROGRA… Show more
THE ORGANIZATION PROVIDES NEWCOMERS LOW-INCOME INDIVIDUALS AND FAMILIES WITH THE HOME FURNISHING ESSENTIALS NEEDED TO CREATE THE CONDITIONS OF COMFORT DIGNITY AND STABILITY THAT COME FROM HAVING A FURNISHED HOME AND OVERCOMING THE CRISIS OF FURNITURE POVERTY. CLIENTS INCLUDE WOMEN AND CHILDREN LEAVING SHELTERS THE FORMERLY HOMELESS INDIGENOUS AND NEWCOMERS AND REFUGEES TO CANADA. FURNITURE REMOVAL REPAIR AND REUSE SOCIAL INNOVATION PROGRAMS PROVIDE THE FUNDING AND FURNISHINGS TO END FURNITURE POVERTY WHILE KEEPING GOOD FURNITURE OUT OF LANDFILLS. THE ORGANIZATION'S SOCIAL HIRE PROGRAM WORKS WITH EMPLOYMENT AGENCIES AND PARTNERS TO PROVIDE WORK EXPERIENCE LIFE AND SKILLS TRAINING AND MEANINGFUL JOB OPPORTUNITIES TO NEWCOMERS TO CANADA YOUTH AND OTHER INDIVIDUALS FACING BARRIERS TO EMPLOYMENT. ITS SOCIAL HIRE PARTICIPANTS ARE EMBEDDED IN ALL ROLES INCLUDING POSITIONS WITHIN THE WAREHOUSE TRUCKING REPAIR WORKSHOP FAMILY SERVICES AN FURNITURE SOCIAL ENTERPRISES. FURNITURE BANK ALSO SUPPORTS OTHER ORGANIZATIONS WITH SIMILAR FURNITURE POVERTY MISSIONS WITH SUPPORT SERVICES FOR THEIR PROGRAMS ACROSS CANADA - INCLUDING RESEARCH EDUCATION AND COORDINATION TO CREATE SOLUTIONS FOR FURNITURE POVERTY IN COMMUNITIES ACROSS CANADA.
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)94¢
Per its F2024 T3010, 94¢ of each dollar spent went to programs.
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)6%
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)0.2 yr
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)$12.0M
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)48%
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)17%
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 | $8.8M | 95¢ | 5% | 0.1 yr |
| 2020-12-31 | $7.4M | 84¢ | 16% | 0.2 yr |
| 2021-12-31 | $7.9M | 87¢ | 13% | 0.2 yr |
| 2022-12-31 | $8.3M | 90¢ | 10% | 0.2 yr |
| 2023-12-31 | $10.0M | 89¢ | 11% | 0.2 yr |
| 2024-12-31 | $12.0M | 94¢ | 6% | 0.2 yr |
| 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)
Published ratings by Charity Intelligence Canada's analysts — a separate, human review. Shown as published, never blended into our computed figures.
Overall rating
★ T2 · Charity Intelligence★★★★
Charity Intelligence's 0–5 star overall rating.
Analyst-reviewed by Charity Intelligence; their methodology, shown as published. source ↗
Results reporting
★ T2 · Charity IntelligenceA+
How well the charity reports its own results (A+ to F).
Analyst-reviewed by Charity Intelligence; their methodology, shown as published. source ↗
Demonstrated impact
★ T2 · Charity IntelligenceGood
Charity Intelligence's assessment of impact per dollar.
Analyst-reviewed by Charity Intelligence; their methodology, shown as published. source ↗
Board of directors
6 directors reported · 6 of 6at arm's length
- FREUDENBERG, LAURIEDIRECTORarm's length
- WATERWORTH, BOBBOARD CHAIRarm's length
- LUCATO, TRACYTREASURERarm's length
- JOUSTI, ALISONDIRECTORarm's length
- LAKHAN, CALVINDIRECTORarm's length
- INNES, CHRISTINE EDIRECTORarm'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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