Chabad Lubavitch Youth Organization
Montreal, QC H3A 1W7
President: Harry Feigelstock
Vice President: Meir Plotkin
Charitable Reg. #: 13423 2644 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 #23
Avg. Compensation $26,081
Top 10 Staff Salary Range
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About Chabad Lubavitch Youth Organization:
As per its CRA filing, Chabad Lubavitch Youth Organization (CLYO) programs include providing religious instructions, helping the less fortunate and providing shelter and food. Its program area focus is on: 1) Providing food and clothing banks, soup kitchens, hostels (34%), 2) Places of worship, congregation etc. (27%) and 3) Other services for low income people (20%). CLYO does not have a working website or publicly-available information about its programs online. As per its T3010 filing, CLYO notes that it spent an undisclosed amount of funds in the USA in 2014.
From its 2015 T3010 filing, 75% of Chabad Lubavitch Youth Organization's grants went to 2 charities: $3.4m to Beth Chabad of Cote St. Luc and $2.4m to Vaad Mishmeres Mitzvos, which had its charitable status revoked in Jan. 2017.
Analysis based on the most recent notice to reader received from the CRA (F2014) shows that Chabad Lubavitch Youth Organization has administrative costs of 8% of revenues while fundraising costs are 1% of donations for F2014. This falls within Ci’s reasonable range. For every dollar donated, 91 cents go to the cause. The charity has net funding reserves of ($3.8m) primarily due to long term debt of $5m. The annual program costs are $4.5m for F2014.
The charities directorate of Canada recommends every charity with over $500k in donations have audited financial statements. Charity Intelligence recommends that donors seek additional information on this charity prior to donating.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||7.8%||12.2%||9.5%|
|Fundraising costs as % of donations||1.3%||1.0%||1.2%|
|Program cost coverage (%)||(43.4%)||(45.5%)||(55.1%)|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||720||(799)||365|