Icelandic CARE Home Hofn Society
Publicly funded institution · Vancouver, British Columbia · BN 118966142RR0001 · Organizations Relieving Poverty
No spending breakdown could be derived from this charity’s most recent filing — the receipt can’t be printed. The figures it did file are below.
Icelandic CARE Home Hofn Society is a charitable organization based in Vancouver, British Columbia, classified by the CRA under organizations relieving poverty. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending March 31, 2024, it reported $4.1M in revenue and $3.8M in expenditures.
Its funding that year was roughly 64% from government. Government funding is the majority of its budget. In 2024, 1 other registered charity reported granting it a combined $193.
Its highest-paid position fell in the $120,000–159,999 range. The charity reported 14 permanent full-time positions.
In its own words
Icelandic harbour operates a 77-unit living residence for seniors. Under the independent living bc program our society is funded by vancouver coastal health and bc housing. The seniors receive two meals (lunch and dinner) and two snacks per day weekly housekeeping service and have a personal care plan based on individual needs. Recreatin program is provided. All our 77 units are one bedroom suites with a full kitchen and bathroom.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $4.1M | $3.8M | — | — | — | -$2.3M |
| 2023 | $3.7M | $3.6M | — | — | — | -$2.5M |
| 2022 | $3.6M | $3.5M | — | — | — | -$2.5M |
| 2021 | $3.6M | $3.3M | — | — | — | -$2.6M |
| 2020 | $3M | $3M | — | — | — | -$2.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $193 from 1 charity:
- My Charity Fund$193
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $120,000–159,9991 position
- $80,000–119,9991 position
- $40,000–79,9998 positions
- Permanent full-time positions14
- Total compensation, all staff$2M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Check the source
Every figure on this page is from Icelandic CARE Home Hofn Society’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 118966142RR0001), or read how we compute the receipt.