Prosper Canada
Charitable organization · Toronto, Ontario · BN 897344560RR0001 · Community Resource Organizations · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($7,035,988) as filed with the CRA.
Prosper Canada is a charitable organization based in Toronto, Ontario, classified by the CRA under community resource organizations. In its fiscal year ending March 31, 2024, it reported $7.3M in revenue and $7M in expenditures.
Its funding that year was roughly 35% from government, 20% from other charities. In 2024, 12 other registered charities reported granting it a combined $1.3M.
Compared with 299 community-service charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 44% of peers. Its fundraising cost per donated dollar was higher than 90% of that peer group. Its highest-paid position fell in the $200,000–249,999 range. The charity reported 30 permanent full-time positions.
Its filed list of directors and trustees shows 13 names.
In its own words
1. Financial Empowerment Champions: We animate support & work with a national network of 14 local non-profit Financial Empowerment Champion (FEC) organizations that are Canada's leaders in providing high quality free financial help to people with low incomes. 2. Prosperity Gateways: Our Prosperity Gateways program helps public service providers identify the financial help needs of their service users design and pilot interventions refine them and build them sustainably into their services to improve service outcomes and client financial health. 3. Technology-enabled Fi…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $7.3M | $7M | $5.8M | $368K | — | $1.9M |
| 2023 | $6.3M | $6.1M | $5M | $350K | — | $1.7M |
| 2022 | $4.6M | $4.9M | $4.1M | $158K | — | $1.6M |
| 2021 | $5.7M | $5.4M | $4.6M | $58K | — | $1.9M |
| 2020 | $5.8M | $5.6M | $4.8M | $79K | — | $1.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $1.3M from 12 charities:
- The J W McConnell Family Foundation$275K
- Canadian Online Giving Foundation$256K
- The Maytree Foundation$170K
- Max Bell Foundation$152K
- Definity Insurance Foundation$125K
- Definity Insurance Foundation$125K
- Maple Leaf Centre for Action on Food Security$100K
- United Way of Greater Toronto$50K
- Canadahelps Canadon$44K
- Canadahelps Canadon$44K
- Unifor Social Justice Fund/Le fonds de justice sociale d'Unifor$2,000
- Nicola Wealth Private Giving Foundation$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $200,000–249,9991 position
- $120,000–159,9993 positions
- $80,000–119,9997 positions
- Permanent full-time positions30
- Total compensation, all staff$2.9M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
John Capozzolo (board chair); Debbie Dimoff (director); Patricia Dunwoody (director); Koker Christensen (director); Graeme Deans (director); Scott MacKenzie (director); Patrick Ens (director); Camille Gooden (director); Carmelina Riccio (director); Sherry Torjman (director); Courtney Mo (director); SM Leduc (director); Mladen Raickovic (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Prosper Canada’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 897344560RR0001), or read how we compute the receipt.