Kapasi International Relief and Education Assistance. (K.I.R.E.A.)
Private foundation · Woodbridge, Ontario · BN 840542286RR0001 · Organizations Relieving Poverty · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($51,933) as filed with the CRA.
Kapasi International Relief and Education Assistance. (K.I.R.E.A.) is a private foundation based in Woodbridge, Ontario, classified by the CRA under organizations relieving poverty. In its fiscal year ending December 31, 2024, it reported $880K in revenue and $52K in expenditures.
Its funding that year was roughly 100% from donations. In 2022, 1 other registered charity reported granting it a combined $290.
Compared with 2,470 poverty-relief charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 90% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
Revenue has grown substantially over its filings on record here, from $40K in 2020 to $880K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
1. Advance education in developing nations by establishing schools for and by providing grants bursaries and other forms of financial assistance to individuals in need for elementary secondary or post-secondary education. 2. Relieve poverty by providing basic necessities of life including food clean water clothing and/or shelter to individuals families and communities who are poor or low income or in need. 3. Provide necessities of life to victims of disasters and emergencies. 4. Relieve poverty by relieving unemployment through skills trades of individuals who are unemployed …
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $880K | $52K | $49K | — | $3,000 | $861K |
| 2023 | $36K | $38K | $38K | — | $0 | $33K |
| 2022 | $50K | $38K | $35K | — | — | $39K |
| 2021 | $52K | $59K | $58K | — | $1,000 | $0 |
| 2020 | $40K | $28K | $28K | — | $1,500 | $0 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Receipted donations$878,900
- Other income$494
- Investment income$484
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2022
Received $290 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Kubra Kapasi-Khandwala (president); Falyaz Khandwala (treasurer); Maram Rajabali (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Kapasi International Relief and Education Assistance. (K.I.R.E.A.)’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 840542286RR0001), or read how we compute the receipt.