Kupas Hachesed Meoroth
Montreal, QC H2V 4K7
President: Edward Binet
Treasurer: Josef Bleichfeld
Website: no website
Charitable Reg. #: 81017 5273 RR0001
Grade: FThe 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 #0
Avg. Compensation $0
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About Kupas Hachesed Meoroth :
Established in 2007, Kupas Hachesed Meoroth (KHM) is a charity in Montreal that claims to raise funds for people living in poverty in Israel. KHM does not report any contact or compensation information in its T3010 CRA filings and Ci could not find a website for details about the charity’s programs and operations.
Based on T3010 filings from F2010 to F2015, Kupas Hachesed Meoroth’s major charitable activity is sending funds to Israel’s poor. Since KHM’s establishment, the only international grant recipient reported in the T3010 filing is Yitzchok Shlomo Levy, receiving $13.4m (92% of total grants) in F2015. Ci does not know if this is an individual, a charity or other organization. In Canada, the largest 3 grants were allocated to Machzikei Torah ($102k), Chasdei Tovim Meoros ($95k), and Zolfam Matan Beseiter Foundation ($95k).
In F2015, KHM granted $79k to Vaad Mishmeres Mitzvos. In January 2017, this organization had its charitable status revoked by the CRA.
The financial analysis below uses information from Kupas Hachesed Meoroth’s T3010 CRA filings.
Kupas Hachesed Meoroth is a big-cap charity with total tax-receipted donations of $13.0m in F2015. Administrative costs are less than 1% of revenues and the charity does not report any fundraising costs in its most recent T3010 CRA filing.
KHM sent $13.4m in F2015 to the Yitzchok Shlomo Levy in Israel, which accounted for 92% of total revenues. Based on the data collected, KHM has sent $107.5m to Israel since its establishment in 2007. It appears that every year, the only recipient of the funds sent overseas is Yitzchok Shlomo Levy. The amount sent overseas never accounts for less than 84% of total revenues. In addition to funds sent to Yitzchok, KHM also reported spending $151k on foreign exchange programs in F2013.
As of F2015, KHM holds funding reserves of $221k which consist only of cash and short-term investments and can cover 2% of annual program costs.
Updated on July 5, 2017 by Juliana Badovinac.
Ci was unable to contact the charity for review of this profile.
Financial RatiosFiscal year ending November
|Administrative costs as % of revenues||0.0%||0.0%||0.0%|
|Fundraising costs as % of donations||0.0%||0.0%||0.0%|
|Program cost coverage (%)||1.5%||1.2%||2.2%|
Summary Financial StatementsAll figures in $000s
|Program costs - International||13,365||13,686||12,693|
|Program costs - Canada||1,092||534||754|
|Cash flow from operations||51||(125)||(26)|