Youth Unlimited
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔
FINANCIAL TRANSPARENCY
Most recent Audited financial statements available on the charity’s website.
B
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
89%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 89 cents are available for programs.
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OVERVIEW
About Youth Unlimited:
Youth Unlimited (also known as Toronto Youth for Christ) is a 4-star rated charity with an average results reporting grade of B. For every dollar donated, 89 cents are available to go towards the cause. Its reserve funds can cover seven months of annual program costs.
Founded in 1995, Youth Unlimited (also known as Toronto Youth for Christ) is a faith-based charity that provides programs for youth in Toronto, York, Peel, Durham, and Halton. Youth Unlimited has been serving youth in Toronto since 1945, but in 1995 the national office and Toronto team split into two charities. In fiscal 2023 (year ended June), Youth Unlimited spent $5.2m on its six programs: Community Outreach, Critical Care, Leadership Development, Marketplace Initiatives, Trips, Camps and Events, and Innovative Centres. The charity did not provide a breakdown of spending on its programs. The charity reports that it reached 3,426 youths through its programs in F2023.
Community Outreach: Community Outreach programs include academic support, school programs, recreational sports, and neighbourhood church partnerships. In F2023, Youth Unlimited reports having 20 active community outreach initiatives.
Critical Care: Youth Unlimited has 16 active Critical Care programs to support youth experiencing systemic vulnerability. In F2023, Youth Unlimited supported 35 youths going through housing crises, 67 going through family reconciliation, and 23 dealing with issues in the criminal justice system.
Leadership Development: Youth Unlimited’s 11 Leadership Development programs provide mentorship, growth, and disciplining relationships for youth. In F2023, Youth Unlimited mentored 248 youths in intentional discipleship relationships.
Marketplace Initiatives: Marketplace Initiatives supports the development of employment skills and entrepreneurship. Youth Unlimited currently has six active Marketplace Initiatives in place.
Trips, Camps and Events: Youth Unlimited has six initiatives for this program which includes short mission trips, day camps, and service projects.
Innovative Centres: Youth Unlimited has two active initiatives that aim to inspire youth to grow and develop in areas of shared passion such as sports and artistic development.
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Results and Impact
Critical Care: In F2023, Youth Unlimited empowered eight youth to exit sex work or other exploitative circumstances.
Leadership Development: In F2023, Youth Unlimited engaged 251 youths about personally giving their life to Jesus. Out of these youth, 59 chose to give their life to Jesus.
Marketplace Initiatives: In F2023, Youth Unlimited helped 119 youths find or be placed in a job.
While Ci highlights these key results, they may not be a complete representation of Youth Unlimited’s results and impact.
This charity is not yet rated on impact (n/r).
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Finances
In F2023, Youth Unlimited received $5.3m in donations and special events revenue and $235k in goods in kind. The charity also received $169k in government funding which represents 3% of total revenues. In F2023, administrative costs are 9% of total revenues (less investment income) and fundraising costs are 2% of donations. For every dollar donated, 89 cents are available to go towards the cause. In F2023, Youth Unlimited spent $5.2m on its programs which represents 90% of total revenues.
In F2023, Youth Unlimited had $3.1m in its reserve funds. These funds can cover seven months of annual program costs.
Profile updated on August 6, 2024 by Abby Stout.
Financial Review
Fiscal year ending June
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 9.3% | 7.8% | 5.1% |
| Fundraising costs as % of donations | 1.9% | 1.5% | 1.5% |
| Total overhead spending | 11.2% | 9.3% | 6.6% |
| Program cost coverage (%) | 58.9% | 71.2% | 72.8% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 5,137 | 5,146 | 4,927 |
| Goods in kind | 235 | 217 | 236 |
| Government funding | 169 | 192 | 99 |
| Special events | 123 | 119 | 91 |
| Investment income | 178 | 102 | 328 |
| Total revenues | 5,842 | 5,775 | 5,682 |
| Program costs | 5,232 | 4,781 | 4,591 |
| Grants | 1 | 3 | 0 |
| Donated goods exp | 235 | 217 | 236 |
| Administrative costs | 529 | 441 | 273 |
| Fundraising costs | 100 | 78 | 77 |
| Total spending | 6,097 | 5,520 | 5,177 |
| Cash flow from operations | (256) | 256 | 505 |
| Capital spending | 75 | 93 | 27 |
| Funding reserves | 3,085 | 3,406 | 3,342 |
Note: UNREALIZED GAINS/LOSS: Ci removed unrealized gains/losses from expenses and included it in investment income. This increased total revenues and decreased total expenses by $14k in F2023, $52k in F2022, and $nil in F2021. ACTIVITY-BASED COSTING: Youth Unlimited does not use activity-based costing so Ci used the charity’s T3010 filing with the CRA to report grants, administrative costs, and fundraising costs. AMORTIZATION: Ci removed amortization from program, administrative, and fundraising costs on a pro-rata basis.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
4 |
$40k - $80k |
5 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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Comments & Contact
Comments added by the Charity:
Comment added August 2024:
Youth Unlimited (YFC Toronto) is grateful for every partner who contributes to our vision of seeing transformed youth, transforming our city. The Greater Toronto area's 1.5 million young people need long-term, loving relationships with safe and caring adults to combat loneliness, poverty, and more. By partnering together with Youth Unlimited, you are helping develop these mentoring relationships to young people who often find themselves on the margins of their communities and our city.
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-383-1477