Centraide Montreal is a 5-star charity. It is financially transparent, has reasonable overhead costs, and has an above-average results reporting score of A-. With its current reserves the charity can cover one year and ten months of annual program costs.

Founded in 1966, Centraide of Greater Montreal (Centraide Montreal) raises money to support charities in Montreal and Laval. Its mission is to improve the quality of life in the community and empower vulnerable members to take charge of their lives. Funded charities deliver programs that align with one of Centraide Montreal’s four priority areas: For Inclusive Communities, For Young People’s Present and Future Success, For Decent Living Conditions, and For a Strong and Cohesive Social Fabric. The charity reports that in F2024 it reached 800,000 people. 

A Charity Intelligence 2024 Top 100 Rated Charity.

For Inclusive Communities – 28% of total program and grant spending. Centraide Montreal aims to build a diverse community that recognizes and respects the diversity of peoples’ experiences. In F2024, it funded 129 agencies and projects.  

For Young People’s Present and Future Success – 26% of program and grant spending. Centraide Montreal funds local agencies that support youth from early childhood through their early careers. It also supports families to ensure that children can reach their potential. In F2024, it funded 136 agencies and projects.  

For Decent Living Conditions – 23% of program and grant spending. Centraide Montreal funds agencies that help provide access to affordable housing and food. In F2024, it funded 144 agencies and projects. In the same year, the charity held a Together for Housing event to discuss the housing situation in Greater Montreal. 430 people attended the event. 

For a Strong and Cohesive Social Fabric – 23% of program and grant spending. In F2024, Centraide Montreal worked to help local agencies build capacity and expand their work in the community. It provided funding to 122 agencies and projects. It held 12 digital transition orientation webinars that had 1,367 participants. 

In F2024, Centraide of Greater Montreal merged with Centraide of Greater Montreal Foundation. The F2024 and F2023 data is for the merged entity. Charity Intelligence consolidated the operating charity with its foundation using the foundation’s audited financial statements in F2022. 

Centraide of Greater Montreal is a Major 100 charity in terms of donations. In F2024, it received $72.5m in Canadian donations. The charity also received $11.5m in government funding (12% of revenues). Administrative and fundraising costs are 13% of revenues (less investment income). Total overhead spending is 13%. For each dollar donated, 87 cents are available for programs. This is within Ci’s reasonable range for overhead spending. 

In F2024, Centraide Montreal spent $59.8m (64% of total revenues) on it grants, and $10.4m (11%) on its other programs for a total of 75% revenues. The charity had a surplus of $9.0m in F2024.

The charity has $126.1m in reserve funds. These reserve funds are the charity's cash and investment. The charity can cover program and grant costs for one year and ten months with its current reserves. 

Centraide of Greater Montreal’s F2024 T3010 filing with the CRA is not available at the time of this report. As such, compensation information reflects F2023. Centraide Montreal’s T3010 filing reports that its five largest grants in F2023 were $1.9m to YMCAs of Quebec, $819k to Dynamo – Ressource en mobilisation des collectivités, $729k to Centre éducatif communautaire René-Goupil, $684k to Corporation de développement communautaire Centre-Sud (La Relance-jeunes et familles (RJF) inc.), and $648k to PROMIS. 

Centraide Montreal’s financial statements report grant commitments of $42.0m for F2025. 

Ci has sent this profile update to Centraide of Greater Montreal for review. Comments and edits may be forthcoming. 

Updated on July 19, 2024 by Alessandra Castino