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
Cents to The Cause
Impact Rating: Low
Full-time staff #0
Avg. Compensation $0
Top 10 Staff Salary Range
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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 F2016, 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 in Israel, receiving $21.0m (93% of total grants) in F2016. Ci does not know if this is an individual, a charity or other organization. In Canada, the largest 3 grants allocated in F2016 were to Chasdei Avos Foundation ($124k), Tzivos Hashem ($105k) and Mesivta Lubavitch ($90k).
Donor Advisory: In F2016, KHM granted $20k 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 one of Canada’s largest charities in donations, a Major 100, with with total donations of $20.6m in F2016. This is an increase of 58% compared to 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 $21.0m in F2016 to the Yitzchok Shlomo Levy in Israel, which accounted for 93% of total revenues. Based on the data collected, KHM has sent $129.4m 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,
As of F2016, KHM holds funding reserves of $133k which consist only of cash and can cover 2% of annual program and granting costs.
Ci was unable to contact Kupas Hachesed Meoroth for the review of this profile.
Updated on July 25, 2018 by Derek Houlberg.
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 (%)||0.6%||1.5%||1.2%|
Summary Financial StatementsAll figures in $000s
|Program costs - International||21,902||13,365||13,686|
|Cash flow from operations||(88)||51||(125)|