Beth Oloth Charitable Organization

525 Coldstream Avenue
Toronto, ON M6B 2K7
President: David Ehrentreu
Vice President: Benjamin Labkovsky

Website: N/A
Charitable Reg. #: 11880 7080 RR0001
Sector: Religion
Operating Charity

Donor Accountability

Grade: F

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements available only through official request for information from Canada Revenue Agency [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2013 2014 2015
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #0

Avg. Compensation $0

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

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 Jewish religion.” 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.

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.

Financial Review:

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 Ratios

Fiscal year ending September
201520142013
Administrative costs as % of revenues 0.1%0.1%0.1%
Program cost coverage (%) 2.3%3.3%2.8%

Summary Financial Statements

All figures in $000s
201520142013
Donations 42,64035,54526,995
Other income 17200
Total revenues 42,81135,54526,995
Grants 42,87435,09126,752
Administrative costs 403315
Other costs 363074
Cash flow from operations (139)392154
Funding reserves 1,0041,142750

Comments added by the Charity:

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