PROSPER CANADA/PROSPÉRITÉ CANADA
Charitable organizationCommunity resource·60 ST. CLAIR AVE EAST #700 · TORONTO, ON · M4T 1N5·BN 897344560RR0001·website ↗
Last reported: F2024 filing · period ending 2024-03-31
What it does — in its own words
Ongoing programs
1. Financial Empowerment Champions: We animate support & work with a national network of 14 local non-profit Financial Empowerment Champion (FEC) organizations that are Canada's leaders in providing high quality free financial help to people with low incomes. 2. Prosperity Gateways: Our Prosperity Gateways program helps public service providers identify the financial help needs of their service users design and pilot interventions refine them and build them sustainably into their services to improve service outcomes and client financial health. 3. Technology-enabled Fi… Show more
1. Financial Empowerment Champions: We animate support & work with a national network of 14 local non-profit Financial Empowerment Champion (FEC) organizations that are Canada's leaders in providing high quality free financial help to people with low incomes. 2. Prosperity Gateways: Our Prosperity Gateways program helps public service providers identify the financial help needs of their service users design and pilot interventions refine them and build them sustainably into their services to improve service outcomes and client financial health. 3. Technology-enabled Financial Help Services: We work with partners to build test and scale innovative digital solutions that enhance community financial empowerment services and enable people with low incomes to take independent action to build their financial wellbeing. 4. Solutions Lab: We work with partners from all sectors to collaboratively explore and define priority financial health issues develop solution frameworks that leverage the contributions of each sector and advance implementation of these solutions. 5. Government Policy Change: We work with governments to remove barriers and promote policies regulations and programs that enhance financial wellbeing for people with low incomes - conducting research mobilizing new knowledge & insights problem solving and providing formal and informal feedback and advice.
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)83¢
Per its F2024 T3010, 83¢ 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)17%
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)1.3 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)$7.3M
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)1%
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)35%
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 |
|---|---|---|---|---|
| 2019-03-31 | $5.8M | 89¢ | 11% | 0.6 yr |
| 2020-03-31 | $5.8M | 87¢ | 13% | 0.8 yr |
| 2021-03-31 | $5.7M | 86¢ | 14% | 0.5 yr |
| 2022-03-31 | $4.6M | 85¢ | 15% | 1.1 yr |
| 2023-03-31 | $6.3M | 81¢ | 19% | 1.5 yr |
| 2024-03-31 | $7.3M | 83¢ | 17% | 1.3 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)
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
13 directors reported · 13 of 13at arm's length
- Capozzolo, JohnBoard Chairarm's length
- Dimoff, DebbieDirectorarm's length
- Dunwoody, PatriciaDirectorarm's length
- Christensen, KokerDirectorarm's length
- Deans, GraemeDirectorarm's length
- MacKenzie, ScottDirectorarm's length
- Ens, PatrickDirectorarm's length
- Gooden, CamilleDirectorarm's length
- Riccio, CarmelinaDirectorarm's length
- Torjman, SherryDirectorarm's length
Show all 13 directors
- MO, CourtneyDirectorarm's length
- LEDUC, SMDirectorarm's length
- RAICKOVIC, MLADENDirectorarm'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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