Charity BreakdownCanadian charity filings, itemized

Preserve Mental Health Foundation

Charitable organization · Markham, Ontario · BN 726353345RR0001 · Core Health Care

Your $100, itemizedPreserve Mental Health FoundationFiscal year ended December 31, 2024
Charitable programs$66
Gifts to other charities$24
Management & admin$10
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($41,962) as filed with the CRA.

Preserve Mental Health Foundation is a charitable organization based in Markham, Ontario, classified by the CRA under core health care. In its fiscal year ending December 31, 2024, it reported $33K in revenue and $42K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.

Its funding that year was roughly 80% from donations.

Compared with 1,620 health charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 50% of peers.

In its own words

First year of charity operations the charity was approved by the CRA on June 1st 2023. We worked on the logistics for funding eligible patients through the charity created application process began accepting applications. Fundraising began disbursements and programs will begin in 2024.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20232024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$33K$42K$28K$10K$107
2023$24K$16K$14K$0$8,661

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Check the source

Every figure on this page is from Preserve Mental Health Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 726353345RR0001), or read how we compute the receipt.