YMCA of Greater Toronto
Toronto, ON M4S 2C6
President & CEO: Medhat Mahdy
Board Chair: Diane Sinhuber
Charitable Reg. #: 11930 7080 RR0001
Grade: B-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Full-time staff #1,546
Avg. Compensation $54,510
Top 10 Staff Salary Range
|$300k - $350k||1|
|$250k - $300k||0|
|$200k - $250k||4|
|$160k - $200k||5|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About YMCA of Greater Toronto:
Founded in 1868, YMCA of Greater Toronto (YMCA-GT) offers opportunities for personal growth, community
YMCA is in a 2-part campaign to raise $100m in donations: Part I seeks to raise $51.4m to open 3 new YMCA's in Toronto (following on the opening of the Sprott Homeless Youth shelter opened in February 2016 and the Pan Am games building renovated into the Cooper Koo YMCA in Toronto’s Don Lands opened in May 2016): in Toronto’s East End the Kingston Road YMCA, the Bridletowne YMCA in Scarborough, and the McDonald YMCA in downtown Toronto at King and Spadina. Part II of the capital campaign seeks to raise $52.2m to open 10 YMCA's in the 905 area by 2020.
As a charity, YMCA-GT provides financial assistance in the form of subsidized child care and gym memberships to those in need. Total charity subsidies provided in F2016 were $6.3m compared with $6.4m in F2015. Charity subsidies are 4% of total operating costs. In F2016 YMCA-GT reports providing financial aid to 51,951 people (average financial subsidy $121).
YMCA-GT is a mid-sized charity with donations of $4.2 million. 96% of YMCA-GT’s funding comes from fees for service earned on fitness memberships and child-care services, and government program funding. Its administrative costs are 8.7% of total revenues. Fundraising costs are $1.3m, which on donations received of $4.2m
This charity report is an update that is being reviewed by YMCA-GT. Changes and edits may be forthcoming.
Updated March 29,
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||8.7%||9.8%||10.9%|
|Fundraising costs as % of donations||30.3%||16.5%||34.7%|
|Program cost coverage (%)||15.4%||13.5%||19.4%|
Summary Financial StatementsAll figures in $000s
|Fees for service||103,471||96,055||88,803|
|Cash flow from operations||9,830||5,512||8,874|