Laurencrest Youth Services of S.d.&g Inc.
Public foundation · Cornwall, Ontario · BN 893421560RR0001 · Foundations
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($68,391) as filed with the CRA.
Laurencrest Youth Services of S.d.&g Inc. is a public foundation based in Cornwall, Ontario, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $71K in revenue and $68K in expenditures.
Its funding that year was roughly 8% from donations.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 5% of peers. Its fundraising cost per donated dollar was higher than 92% of that peer group.
As a grantmaker, it reported gifts to 1 qualified donee totalling $15K in 2024, the largest being $15K to Laurencrest Youth Services Inc.. Its filed list of directors and trustees shows 5 names.
In its own words
Raising holding investing disbursing funds on behalf of and to the registered laurencrest youth services inc.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $71K | $68K | $250 | $41K | $15K | $522K |
| 2023 | $57K | $40K | $500 | $31K | — | $520K |
| 2022 | $6,561 | $4,603 | $4,603 | — | — | $503K |
| 2021 | $14K | $21K | $3,944 | — | $17K | $501K |
| 2020 | $48K | $65K | $3,707 | $29K | $33K | $508K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, March 31, 2024
- Investment income$18,367
- Other income$6,519
- Receipted donations$5,756
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, 2024
Granted $15K to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2022)
Aurele Houle (director); Wayne Kyte (director); Brendon Hunt (director); Tom Irwin (president); .
As listed on its 2022 return.
Check the source
Every figure on this page is from Laurencrest Youth Services of S.d.&g Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 893421560RR0001), or read how we compute the receipt.