Le Créam

Le Créam is a charitable organization based in Baie-Comeau, Quebec, 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 $297K in revenue and $268K in expenditures.

Its funding that year was roughly 83% from government, 14% from other charities. Government funding is the majority of its budget. In 2022, 1 other registered charity reported granting it a combined $20K.

Compared with 1,890 poverty-relief institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 17% of peers. Its fundraising cost per donated dollar was higher than 83% of that peer group. Its reserves, measured in years of spending on hand, sat in the top decile of the group. Its highest-paid positions fell in the $40,000–79,999 range (3 positions in that band). The charity reported 4 permanent full-time positions.

Revenue has grown substantially over its filings on record here, from $163K in 2020 to $297K in 2024. Its filed list of directors and trustees shows 6 names.