READ Foundation Canada
Charitable organization · Hamilton, Ontario · BN 780586707RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($685,552) as filed with the CRA.
READ Foundation Canada is a charitable organization based in Hamilton, Ontario, classified by the CRA under organizations relieving poverty. In its fiscal year ending December 31, 2024, it reported $734K in revenue and $686K in expenditures.
Its funding that year was roughly 27% from donations, 73% from other charities. In 2024, 4 other registered charities reported granting it a combined $536K.
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 28% of peers. Its fundraising cost per donated dollar was higher than 80% of that peer group. Its highest-paid position fell in the $80,000–119,999 range. The charity reported 1 permanent full-time position.
Revenue has grown substantially over its filings on record here, from $47K in 2022 to $734K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
Exploring education projects in countries of priority. Continue to find partners to further our areas of deliveries and mission (Emergency relief food aid Orphan relief) Breakfast club programs for School going kids. Orphan Sponsorship program. School project in Pakistan.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2022–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $734K | $686K | $525K | $93K | — | $146K |
| 2023 | $713K | $659K | $531K | $104K | — | $97K |
| 2022 | $47K | $4,548 | — | — | — | $43K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $536K from 4 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9991 position
- Permanent full-time positions1
- Total compensation, all staff$60K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Jahangeer Akhtar (director); Ambareen Syed (director); Faizah Jamil (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from READ Foundation Canada’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 780586707RR0001), or read how we compute the receipt.