Sky's the Limit Youth Organization
Charitable organization · Toronto, Ontario · BN 857579742RR0001 · Support of Schools and Education · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($74,046) as filed with the CRA.
Sky's the Limit Youth Organization is a charitable organization based in Toronto, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending December 31, 2024, it reported $58K in revenue and $74K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 6% from donations, 94% from other charities. In 2024, 4 other registered charities reported granting it a combined $109K.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 39% of peers.
Revenue has declined over its filings on record here, from $126K in 2020 to $58K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
Sky's the limit provides portable computers to the youth who need them. Raises funds to purchase refurbished laptops. Provides refubished laptops to students form under-resourced communities. Mentoring and tutoring program to get the students up and running. Facilitates access to online resources and create awareness of the learning opportunities provided by computers.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $58K | $74K | $63K | — | — | $11K |
| 2023 | $120K | $98K | $71K | $16K | — | $28K |
| 2022 | $69K | $105K | $74K | $19K | — | $5,088 |
| 2021 | $115K | $100K | $65K | $18K | — | $41K |
| 2020 | $126K | $116K | $85K | $16K | — | $27K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $109K from 4 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Total compensation, all staff$8,731
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Lara Tavares (chair); James Bonnici (director); Boban Vejin (director); Pamela Reeve (director); Sangeeta Prakash (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Sky's the Limit Youth Organization’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 857579742RR0001), or read how we compute the receipt.