1155 Yonge St.
Toronto, ON M4T 1W2
Executive Director: Arthur Peters
0: 0 0

Charitable Reg. #: 13063 2474 RR0001
Sector: Religion
Public Foundation

Charity Rating

[Charity Rating: 4/4]

Social Results Reporting

Grade: B

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Most recent audited financial statements available on the charity's website [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #8

Avg. Compensation $74,434

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 1
$80k - $120k 1
$40k - $80k 6
< $40k 0
Information from most recent CRA Charities Directorate filings for F2014


Founded in 1976, ShareLife was established by the Roman Catholic Episcopal Corporation for the Diocese of Toronto in Canada. Its mission is to "provide care and outreach to those in need through its social services agencies and grant recipients, by raising and allocating funds effectively, and fulfilling its obligations to respect life at all stages." Today ShareLife funds over 40 different agencies and grant recipients, providing over 381,000 services to over 114,000 people in need. ShareLife works in 42 municipalities in 225 parishes, communicating with its clients in over 20 languages.

ShareLife supports agencies thatwork with families, children and youth, the elderly, single and teen parents, people with special needs, and immigrants and refugees. Its agencies work to address social issues such as mental health, safe affordable housing, food security, isolation among seniors and domestic violence.

ShareLife reports that, in F2015, it helped over 33,700 people deal with stress, anxiety, personal crisis, domestic violence and troubled relationships through its Catholic Family Service agencies. Further, Camp Ozanam sent 600 boys, from families experiencing financial or domestic challenges, to summer camp. Finally, its agencies assisted over 1,700 seniors and people with special needs.

In F2015, ShareLife's largest grant recipients were Catholic Family Services of Toronto (at $1.6m), St. Augustine's Seminary (at $1.5m) and Catholic Charities of the Archdioceses of Toronto (at $0.9m).

Financial Review:

ShareLife is a large charity, with donations of $14.1m in F2015. Its administrative costs are 3% of revenues and its fundraising costs are 7% of donations. For every $1 donated to the charity, 90 cents is put towards its programs, falling within Ci's reasonable range. The charity's funding reserves of $13.1m include $4.3m in donor-endowed funds. This means that the charity can fund 8.7 months of its annual programs using its current reserves, excluding donor-endowed funds.

This charity report is an update that is being reviewed by ShareLife. Changes and edits may be forthcoming.

Updated on June 10, 2016 by Lynn Tay.

Financial Ratios

Fiscal year ending July
Administrative costs as % of revenues 3.4%3.6%3.4%
Fundraising costs as % of donations 6.5%6.3%6.4%
Program cost coverage (%) 105.8%91.5%96.7%

Summary Financial Statements

All figures in $000s
Donations 14,14214,10314,780
Special events 000
Investment income 374275264
Total revenues 14,51614,37815,044
Program costs 000
Grants 12,42513,26012,725
Administrative costs 476502498
Fundraising costs 925890943
Cash flow from operations 690(274)878
Funding reserves 13,14212,13612,304
Note: The charity’s compensation breakdown provided in its F2015 T3010 filing results in $178,489 in unclaimed compensation. Ci has used the compensation breakdown provided in the charity’s F2014 T3010 filings in this report. Ci has adjusted transfer of bequests to Legacy for Life Endowment Fund affecting expenses by ($128k) in F2013.

Comments added by the Charity:

No comments have been added by charity
Go to top