St. Stephen's Community House

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St. Stephen's Community House

St. Stephen's named as a top 100 charity

Apr 08, 2020

MoneySense Top Charity 2020

MoneySense has been helping Canadians make informed choices about their donations and we're proud to make their top 100 Charity List again this year. Thanks to all our donors, funders, community partners, volunteers and staff for helping us improve the lives of the city's most vulnerable people!

Rankings for the list are based on:

Finacial efficiency: 

  1. how much of a charity’s total revenue is eaten up by administrative costs;
  2. how much it costs a charity to raise a dollar, calculating the percentage of donations and special events revenue eaten up by fundraising costs;
  3. effective financial reserves; and
  4. top-paid employee salary

Financial transparency:

  1. how well charities communicate their missions and impact to the public; and
  2. the presence of audited financial statements.

Financial efficiency data is sourced from Charity Intelligence, a research organization that analyzes Canadian charities based on financial statements, the most accurate way to measure financial information.

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