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Kupas Hachesed Meoroth

5685 Jeanne Mance
Montreal, QC H2V 4K7
President: Edward Binet
Treasurer: Josef Bleichfeld

Website: no website
Charitable Reg. #: 81017 5273 RR0001
Sector: Fundraising Organization
Operating Charity

Donor Accountability

Grade: F

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 available only through official request for information from Canada Revenue Agency [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2013 2014 2015
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #0

Avg. Compensation $0

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

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. 

Financial Review:

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 Ratios

Fiscal year ending November
201520142013
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 Statements

All figures in $000s
201520142013
Donations 13,03812,21713,425
Other income 1,4761,8840
Total revenues 14,51414,10113,425
Program costs - International 13,36513,68612,693
Program costs - Canada 1,092534754
Administrative costs 664
Fundraising costs 000
Cash flow from operations 51(125)(26)
Funding reserves 221169294
Note: Ci performed analysis on KHM’s unaudited financial statements as audited statements are not available.

Comments added by the Charity:

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