Yonge Street Mission

306 Gerrard Street East
Toronto, ON M5A 2G7
President & CEO: Angie Draskovic
Board Chair: Judy Hunter

Website: www.ysm.ca
Charitable Reg. #: 11930 6181 RR0001
Sector: Social Services - Homeless
Operating Charity

Donor Accountability

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 ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #100

Avg. Compensation $60,148

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 3
$80k - $120k 5
$40k - $80k 2
< $40k 0
Information from most recent CRA Charities Directorate filings for F2014

About Yonge Street Mission:

Founded in 1896, through multiple programs, Yonge Street Mission (YSM) aims to make a positive difference in the lives of families, seniors, socially-isolated adults, homeless street youth, and children, focusing on building a community. Services include a food bank and meal programs, employment and computer training, school readiness programs, health care, counselling and personal development, daycare, and a post-secondary scholarship fund. YSM has an open door to accept any individual who would like to access any of its services. YSM aims to help people get out of poverty and to enable independence.

The organization receives tremendous local support from over 3,220 volunteers and served a total of 10,587 different individuals in F2014. In F2014, 53% of program costs were in 5 core activities: employment services ($1,273k), daycare ($981k), the Double Take Clothing Store ($805k), family programs ($769k) and food services ($706k).

Financial Review:

In F2014, YSM's administrative costs were 5% of revenues while fundraising costs were 24% of  donations. YSM has funding reserves of $2.2m which cover 26% of annual program costs.

Financial Ratios

Fiscal year ending September
Administrative costs as % of revenues 5.4%6.6%5.7%
Fundraising costs as % of donations 24.4%25.4%29.0%
Program cost coverage (%) 26.3%25.2%7.8%

Summary Financial Statements

All figures in $000s
Donations 9,7658,1727,783
Government funding 2,5522,5012,456
Business activities (net) 923904884
Investment income 1169882
Total revenues 13,35611,67511,205
Program costs 8,5187,9508,311
Administrative costs 712769639
Fundraising costs 2,3842,0792,257
Cash flow from operations 1,743876(1)
Funding reserves 2,2362,003650

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