Kupas Hachesed Meoroth
Montreal, QC H2V 4K7
President: Edward Binet
Treasurer: Josef Bleichfeld
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
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 (KMH) 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 F2014, Kupas Hachesed Meoroth’s major charitable activity is sending funds to Israel’s poor. Since KHM’s establishment, the only recipient reported in the T3010 filing is Yitzchok Shlomo Levy. Ci does not know if this is an individual, a charity or other organization.
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 $12.2m in F2014. 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 $13.7m in F2014 to the Yitzchok Shlomo Levy in Israel in F2014, which accounted for 97% of total revenues. Based on the data collected, KHM has sent $94m to Israel since its establishment in 2007. It appears that every year, the only recipient of the funds sent overseas is the Yitzchok Shlomo Levy. The amount sent overseas never accounts for less than 84% of total revenues. In addition to funds sent to the levy, in F2013 KHM also reported spending $151k on foreign exchange programs.
As of F2014, KHM holds funding reserves of $169k, which consist only of cash and short-term investments and can cover 1% of annual program costs.
Updated on July 27, 2016 by Katie Khodawandi.
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%||0.1%|
|Fundraising costs as % of donations||0.0%||0.0%||0.0%|
|Program cost coverage (%)||1.2%||2.2%||2.2%|
Summary Financial StatementsAll figures in $000s
|Program costs - International||13,686||12,693||14,032|
|Program costs - Canada||0||151||0|
|Cash flow from operations||(125)||(26)||161|