360°Kids Support Services
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years 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.
82%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 82 cents are available for programs.
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OVERVIEW
About 360°Kids Support Services:
360°Kids Support Services is a four-star, financially transparent charity with an above average B+ results reporting score and a reasonable reserve fund size. For every dollar donated to the charity, 82 cents are available to go to the cause.
360°Kids Support Services (360°Kids) was founded in 1998 after the Markham Neighbourhood Support Centre and Youth Housing Markham merged. This charity provides emergency and transitional housing, job referrals, high school tutoring, warm meals, and counselling to youths aged 12 to 25 in Ontario’s York region. According to 360°Kids, 14% of York’s homeless population are youths, with 42% of these youths living on the streets for at least six months.
The charity runs four programs: Housing, Employment, Health & Wellbeing, and Education. It spent $9.3m on its programs in the fiscal year ending in March 2024 (F2024). 360°Kids did not provide a breakdown on how much it spent on each program in its latest annual report at the time of this update. The charity reported helping 3,102 youths across all of its programs in F2024.
Housing is this charity’s core program. The charity provides its clients both short-term emergency shelter and long-term transitional housing. In F2024, 360°Kids provided 19,134 nights of shelter to 253 youths.
Employment includes the charity’s jobs training and referrals programs which teach youths employer-valued skills and help youths find work. In F2024, 360°Kids held 1,132 employment skills training sessions attended by 410 youths and provided 57 job referrals.
Health & Well-Being includes the charity’s meals program, counselling support, and other drop-in services. In F2024, the charity served 11,936 meals. According to the charity, 206 youths received counselling support.
Education includes both post-secondary scholarships and the charity’s virtual iGrade high school tutoring sessions. In F2024, 360°Kids provided scholarships to 15 youths while 35 youths participated in its iGrade sessions.
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Results and Impact
According to 360°Kids Support Services, 30 youths were placed in long-term transitional housing in F2024. Of these, 11 now live independently.
Since the charity provided 19,134 nights of shelter to 253 youths, clients stayed an average of 76 days at housing offered by the charity. The charity did not provide a breakdown of these figures between emergency shelter and transitional housing.
According to the charity, 299 (73%) of youths in its employment programs found work or entered into post-secondary education during F2024.
37% (13) of the 35 iGrade program participants graduated high school during F2024 according to 360°Kids.
360°Kids Support Services spent $9.3m on its programs and helped 3,102 people. This means it spent an average of $2,989 on each client during F2024.
While Ci highlights these key results, they may not completely represent this charity’s results and impact.
This charity is not yet rated on demonstrated impact per dollar spent (n/r). This does not affect this charity’s star rating.
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Finances
360°Kid's audited financial statements follow line-item costing, meaning its program, administrative, and fundraising expenses are not clearly indicated on its latest financial statements. This does not align with financial reporting best practices.
In F2024, 360°Kids Support Services received $5.2m worth of donations, representing 39% of total revenue and a 45% increase from $3.5m in donations received during F2023. The charity also received $7.5m worth of government funding which is 56% of total revenue.
Administrative costs are 9% of revenue less investment income and fundraising costs are 10% of donations, meaning the charity’s total overhead is 18%. For every dollar spent, 82 cents are available to go to the cause, which is within Ci’s reasonable overhead range.
During F2024, 360°Kids spent $9.3m on its programs and distributed $21k worth of goods used in its programs.
At the end of F2024, the charity had $4.8m in reserve funds (cash and investments) that covers 52% or around six months of its annual program spending. The charity also has a $2.3m operating surplus in F2024.
Profile updated by Julian Dranitsaris on March 17, 2025. Comments and corrections may be forthcoming.
Learn more: 360°Kids 2024 Annual Report
Financial Review
Fiscal year ending March
|
2024 | 2023 | 2022 |
---|---|---|---|
Administrative costs as % of revenues | 8.6% | 11.5% | 5.4% |
Fundraising costs as % of donations | 9.9% | 10.8% | 6.2% |
Total overhead spending | 18.5% | 22.2% | 11.7% |
Program cost coverage (%) | 51.5% | 66.0% | 46.8% |
Summary Financial StatementsAll figures in $000s |
2024 | 2023 | 2022 |
---|---|---|---|
Donations | 5,154 | 3,545 | 4,143 |
Goods in kind | 21 | 5 | 40 |
Government funding | 7,525 | 7,212 | 8,046 |
Investment income | 435 | 60 | 35 |
Other income | 196 | 188 | 128 |
Total revenues | 13,331 | 11,009 | 12,391 |
Program costs | 9,272 | 8,229 | 9,018 |
Donated goods exp | 21 | 5 | 40 |
Administrative costs | 1,109 | 1,255 | 670 |
Fundraising costs | 508 | 382 | 258 |
Other costs | 133 | 26 | 7 |
Total spending | 11,043 | 9,897 | 9,993 |
Cash flow from operations | 2,288 | 1,113 | 2,399 |
Capital spending | 1,945 | 229 | 1,635 |
Funding reserves | 4,776 | 5,430 | 4,217 |
Note: 1. LINE ITEM COSTING: Since 360°Kids follows line-item costing, Ci referred to the charity’s T3010 filings with the CRA for program, administrative, and fundraising costs. 2. UNREALIZED INVESTMENT GAIN (LOSS): Ci adjusted revenues for unrealized investment gain (loss). This affected revenue by $181k, $69k, and ($6k) in F2024, F2023, and F2022, respectively. 3. MORTGAGE INTEREST: Ci added mortgage interest payments to the charity’s expenses, affecting it by ($nil), $1k, and $2k in F2024, F2023, and F2022, respectively. 4. DEFERRED DONATIONS: Ci adjusted revenue for changes in deferred donations, affecting it by ($nil), ($nil), and ($163k) in F2024, F2023, and F2022, respectively. 5. AMORTIZATION: Ci backed out amortization on a pro-rata basis from program, administrative, and fundraising costs.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
4 |
$80k - $120k |
6 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2024
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Comments & Contact
Comments added by the Charity:
Updated on October 20, 2023:
Young people deserve excellent and diverse services and supports. Donors deserve to have transparency and to know of the impact of their giving. At 360kids, we’re committed to these goals and are grateful for the many partnerships that allow us to address our community’s needs.
This is from a previous profile:
For more than 30 years, 360°kids has been making a difference in the lives of young people who are homeless or at risk of homelessness. We believe that they all deserve a safe place to call home and provide a range of supports and services aimed at achieving this vision. We are proud of the evaluation by Charity Intelligence as an organization that delivers impact for our donors as well as for the young people we serve.
- Clovis Grant, CEO 360°kids
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 905-475-6694