YMCA of Greater Toronto

2200 Yonge St., Unit 300
Toronto, ON M4S 2C6
President & CEO: Medhat Mahdy
Board Chair: Tim Penner

Website: www.ymcagta.org
Charitable Reg. #: 11930 7080 RR0001
Sector: Social Services
Operating Charity

Charity Rating

[Charity Rating: 4/4]

Social Results Reporting

Grade: B

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 #1,293

Avg. Compensation $56,296

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 1
$200k - $250k 3
$160k - $200k 6
$120k - $160k 0
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2013

About YMCA of Greater Toronto:

Founded in 1868, YMCA of Greater Toronto (YMCA-GT) offers opportunities for personal growth, community involvement and leadership. Its vision is to make Greater Toronto's communities home to the healthiest kids. YMCA-GT reports that too many kids are inactive (20% of youth in the GTA are over-weight or obese, 95% of 5-17 year olds are not getting the recommended daily exercise). YMCA-GT operates more than 375 program sites across the GTA with over 511,000 members. Its biggest operations are fitness gyms and child care centres; YMCA-GT has more than 162,000 fitness centre members (which decline 2% in F2014). Through 250 child care centres, YMCA-GT is the largest licensed child care provider in Canada with 73,300 children in its child care centres (a 26% increase in F2014).

YMCA is in a 2-part campaign to raise $100m in donations: Part I seeks to raise $51.4m to open 5 YMCA's in Toronto, and Part II 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 F2014 were $6.2m, 4% of total operating costs.

Financial Review:

YMCA-GT has administrative costs at 11% of revenues and fundraising costs at 22% of donations. Funding reserves of $29.3m cover 19% of annual program costs. Fundraising and administrative costs are taken from the charity's T3010 CRA filing as the audited financial statements do not provide an allocation of these expenses.

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 10.6%9.8%10.0%
Fundraising costs as % of donations 21.9%24.3%33.6%
Program cost coverage (%) 19.4%14.4%14.5%

Summary Financial Statements

All figures in $000s
Donations 5,4676,2585,380
Government funding 77,39153,33264,572
Fees for service 87,080101,41896,885
Investment income 8,445503548
Other income 5,5154,9974,571
Total revenues 183,898166,508171,956
Program costs 151,432144,432148,252
Grants 01,2381,108
Administrative costs 18,62616,20517,119
Fundraising costs 1,1971,5191,807
Cash flow from operations 12,6433,1143,670
Funding reserves 29,33820,91621,724
Note: Ci has adjusted amortization of deferred capital contributions and change in deferred capital contributions to reflect donations on a cash basis. Changes in amortization of deferred capital contributions increased revenues by $2.6m in F2013, $2.5m in F2012 and $3.3m in F2011. Changes in deferred capital contributions affected donations by ($1.1m) in F2013, ($1.4m) in F2012 and ($4.2m) in F2011.

Comments added by the Charity:

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