Beth Oloth Charitable Organization
Toronto, ON M6B 2K7
President: David Ehrentreu
Vice President: Benjamin Labkovsky
Charitable Reg. #: 11880 7080 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
Impact Rating: Low
Full-time staff #0
Avg. Compensation $0
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About Beth Oloth Charitable Organization:
Established in 1980, Beth Oloth Charitable Organization’s purpose, according to its CRA T3010 filing, is “to stimulate interest in providing higher Jewish education and Jewish religious training for the perpetuation of the Jewish religion and the training of teachers of
CHARITY STATUS REVOKED: January 12, 2019 Charities Directorate revoked the charity status on Beth Oloth. This is the 4th Major 100 Canadian charity to be revoked since 2011. The Major 100 are Canada's largest publicly-supported charities. The Charities Directorate's audit investigation found it had funded non-charitable activities, see Global News for more information.
The Charities Directorate's documents on the audit process identify associations between Beth Oloth and Gates of Mercy, another large charity Charity Intelligence has a donor advisory on. Beth Oloth's American operations continue.
Previously reported DONOR ADVISORY: Beth Oloth Charitable Organization does not have a website and does not report any full-time employees. However, it does report 2 part-time employees who were paid an average of $3,938 in F2015. All information in this report was gathered through the charity’s T3010 filing and unaudited financial statements provided by the CRA.
According to its F2015 financial statements, Beth Oloth Charitable Organization spent $40.3m on undisclosed “charitable distributions” and granted $2.6m to 149 other charities. The 3 largest charitable grants were to KH Meoroth ($207,560 in F2015), Congregation Beth Medrash Covoha ($194,432), and Yeshiva Yesodei Hatorah ($175,635). The charity’s T3010 filing indicates that $38.5m of its “charitable distributions” were distributed to individuals and organizations outside of Canada.
This financial review was prepared using unaudited financial statements provided from the CRA.
Beth Oloth Charitable Organization is a Major 100 charity with donations of $42.6m in F2015. Its administrative costs were 0.1% of revenues and no fundraising costs were reported. As a result, for every dollar donated, virtually 100 cents went towards the charitys programming, falling outside of Charity Intelligence’s reasonable range. Beth Oloth Charitable Organization has funding reserves of $1m in F2015, resulting in a program cost coverage ratio of 2%.
This charity review is an update that is currently being reviewed by Beth Oloth Charitable Organization. Changes and edits may be forthcoming.
Updated on August 11, 2017 by Kevin Silberberg.
Financial RatiosFiscal year ending September
|Administrative costs as % of revenues||0.1%||0.1%||0.1%|
|Program cost coverage (%)||2.3%||3.3%||2.8%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||(139)||392||154|