Launch Financial Education Society
Charitable organization · Kelowna, British Columbia · BN 805891264RR0001 · Organizations Relieving Poverty · website
Source: T3010 return, FPE 2024-05-31. Split of total expenditures ($174,652) as filed with the CRA.
Launch Financial Education Society is a charitable organization based in Kelowna, British Columbia, classified by the CRA under organizations relieving poverty. In its fiscal year ending May 31, 2024, it reported $176K in revenue and $175K in expenditures.
Its funding that year was roughly 19% from donations. In 2024, 8 other registered charities reported granting it a combined $51K.
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 58% of peers. Its fundraising cost per donated dollar was higher than 80% of that peer group.
Revenue has grown substantially over its filings on record here, from $16K in 2020 to $176K in 2024. Its filed list of directors and trustees shows 10 names.
In its own words
Launch Financial Education Society facilitates financial literacy programs. We continue to offer 3 main programs: Primer for Life Dollars and Sense and Matched Savings. Primer for Life is a financial education program for youth. Dollars and Sense is offered to clients of other not for profits and to our general community. Matched Savings combines financial incentives with a financial literacy program to help participants learn to save.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $176K | $175K | $140K | $16K | $19K | $77K |
| 2023 | $192K | $156K | $146K | — | — | $76K |
| 2022 | $106K | $103K | $93K | — | — | $40K |
| 2021 | $58K | $125K | $32K | — | — | $37K |
| 2020 | $16K | $56K | $11K | — | — | $105K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $51K from 8 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Aaron Dow (vice president); Michael Wendland (president); Leanne Hammond (director); Esther Granger (director); David Gautier (treasurer); Bryan Redford (director); Christian Nielsen (director); Connie Proctor (director); Jason Peters (director); Carly Gilmore (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Launch Financial Education Society’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 805891264RR0001), or read how we compute the receipt.