Youth Unlimited
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
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.
93%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 93 cents are available for programs.
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OVERVIEW
About Youth Unlimited:
Youth Unlimited (also known as Toronto Youth for Christ) is a 2-star charity. It is not financially transparent and has average results reporting. It has overhead spending within Ci's reasonable range.
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 is a member of Youth for Christ Canada, an international Christian ministry that aims to help youth live fulfilling lives by following Jesus.
Youth Unlimited has six main program areas: Community Outreach; Critical Care; Leadership Development; Marketplace Initiatives; Trips, Camps, and Events; and Innovative Centres. The charity does not provide a breakdown of spending on its programs. Youth Unlimited reports that it reached 2,119 youth through its programs in F2021.
Through its Community Outreach initiatives, Youth Unlimited connects youth in neighbourhoods through team and mentorship relationships. Programs include academic support, school programs, neighbourhood drop-ins, recreational sports, church partnerships, and virtual outreach. In F2021, Youth Unlimited had 20 Community Outreach initiatives.
Youth Unlimited’s Critical Care initiatives support vulnerable youth by providing assistance in the areas of housing, physical needs, mental health, advocacy, prison visits, and more. In F2021, the charity supported 302 youth through mental health challenges, provided 322 youth support for physical needs, and helped 33 youth during a housing crisis or transition.
Through its Leadership Development initiatives, Youth Unlimited helps youth discover God’s purpose for life. Programs in this area include leadership training, mentorship, discipleship cohorts, and parent and youth programs. The charity reports that 209 youth it served in F2021 regularly participated in church.
The charity also offers Marketplace Initiatives, which help youth develop employment and entrepreneurship skills. Youth Unlimited had six Marketplace Initiatives in F2021.
Youth Unlimited runs Trips, Camps, and Events that enable youth to meet friends and share experiences. In F2021, the charity ran six trips and events.
Youth Unlimited’s Innovative Centres enable youth to gather and pursue shared interests, including sports and art. In F2021, the charity ran two of these initiatives.
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Results and Impact
416-383-1477
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Finances
Youth Unlimited is not financially transparent. Financial analysis was based on financial statements provided by the CRA.
Youth Unlimited had total cash donations of $4.9m in F2021. Its administrative costs are 5% of revenues (less investment income), and fundraising costs are 2% of donations. This results in total overhead spending of 7%. For every dollar donated, 93 cents go to the cause, which is within Ci’s reasonable range for overhead spending.
Youth Unlimited has $3.3m in funding reserves. The charity could cover 73% or almost nine months of its annual program costs with reserves.
The charity report is an update that has been sent to Youth Unlimited for review. Changes and edits may be forthcoming.
Updated on July 14, 2022, by Sydney Olexa.
Financial Review
Fiscal year ending June
|
2021 | 2020 | 2019 |
---|---|---|---|
Administrative costs as % of revenues | 5.1% | 6.4% | 5.7% |
Fundraising costs as % of donations | 1.5% | 1.7% | 2.3% |
Total overhead spending | 6.6% | 8.1% | 8.1% |
Program cost coverage (%) | 72.8% | 65.6% | 62.0% |
Summary Financial StatementsAll figures in $000s |
2021 | 2020 | 2019 |
---|---|---|---|
Donations | 4,927 | 4,561 | 4,470 |
Goods in kind | 236 | 223 | 187 |
Government funding | 99 | 500 | 277 |
Special events | 91 | 96 | 95 |
Investment income | 328 | (30) | 118 |
Total revenues | 5,682 | 5,350 | 5,147 |
Program costs | 4,591 | 4,253 | 4,388 |
Grants | 400 | 31 | 5 |
Donated goods exp | 236 | 223 | 187 |
Administrative costs | 273 | 345 | 288 |
Fundraising costs | 77 | 78 | 106 |
Total spending | 5,177 | 4,930 | 4,975 |
Cash flow from operations | 505 | 420 | 173 |
Capital spending | 27 | 291 | 78 |
Funding reserves | 3,342 | 2,811 | 2,726 |
Note: Ci reported administrative and fundraising costs from the charity’s T3010 filing with the CRA. Ci backed out amortization from program, administrative, and fundraising costs on a pro-rata basis. Ci removed unrealized loss on investments from expenses and moved it to revenues, decreasing revenues and expenses by $nil in F2021, $130k in F2020, and $nil in F2019. Ci did not include loss on disposal of property and equipment, decreasing expenses by $nil in F2021, $47k in F2020, and $nil in F2019.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
1 |
$120k - $160k |
1 |
$80k - $120k |
5 |
$40k - $80k |
3 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2021
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Comments & Contact
Comments added by the Charity:
Charity Contact
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