Windfall Clothing

29 Connell Court, Unit 3
Toronto, ON M8Z 5T7
Executive Director: Helen Harakas
Board Chair: Lorraine Cumming

Charitable Reg. #: 13540 1180 RR0001
Sector: Social Services - Clothing Bank
Operating Charity

Social Results Reporting

Grade: C+

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #9

Avg. Compensation $75,723

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 2
$40k - $80k 3
< $40k 4
Information from most recent CRA Charities Directorate filings for F2014

About Windfall Clothing:

Incorporated in 1992 by the founders of Second Harvest, Canada's second largest foodbank, Toronto Windfall Clothing Support Services (Windfall) provides new donated clothing and other basic-needs items to 64,000 people in the Greater Toronto Area who are struggling with poverty, including over 21,000 children. The items are distributed through over 60 social service agencies working with a broad cross-section of people, such as abused women and children, families living in poverty, immigrants and refugees, and people with physical or mental disabilities. For every dollar donated, Windfall claims that it distributes $43 worth of items to people in need.

Windfall also offers work training, basic back-to-work skills, and job placement services, along with clothing, to help clients enter or re-enter the job market. Windfall has recently received $500k annual core program funding from the Ontario provincial government.

Financial Review:

Windfall's revenues of $1.3m do not include the substantial value of donated clothing received. In F2014, administrative costs were flat at 5% of revenues, while fundraising costs decreased to 12% of donations. Windfall has enough funding reserves to cover 118% of annual program costs.

This charity report is an update that is being reviewed by Windfall. Changes and edits may be forthcoming.

Updated July 18, 2015 by Mikhil Mahore.

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 5.3%4.5%3.5%
Fundraising costs as % of donations 12.2%21.5%3.3%
Program cost coverage (%) 118.0%112.0%145.4%

Summary Financial Statements

All figures in $s
Donations 668,644544,163632,749
Government funding 541,250532,200565,000
Fees for service 23,7406,20019,400
Special events 73,43888,20966,186
Investment income 5,5206,6063,787
Total revenues 1,312,5921,177,3781,287,122
Program costs 1,001,534927,439661,126
Administrative costs 69,46552,85944,629
Fundraising costs 90,138136,00022,920
Cash flow from operations 151,45561,080558,447
Funding reserves 1,181,6121,038,940961,533
Note: CI adjusted revenues for deferred revenues by $82k in F2014.

Comments added by the Charity:

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