Socks for Change
Public foundation · ST Catharines, Ontario · BN 710201088RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($56,542) as filed with the CRA.
Socks for Change is a public foundation based in ST Catharines, Ontario, classified by the CRA under organizations relieving poverty. In its fiscal year ending April 30, 2024, it reported $43K in revenue and $57K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 100% from donations. In 2024, 2 other registered charities reported granting it a combined $3,500.
Compared with 2,855 poverty-relief charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 43% of peers. None of its ten highest-paid positions cleared $40,000.
Revenue has declined over its filings on record here, from $106K in 2020 to $43K in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
To relieve poverty by providing adverse weather appropriate clothing to people in need.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $43K | $57K | $51K | — | — | -$19K |
| 2023 | $50K | $35K | $26K | — | — | -$6,072 |
| 2022 | $47K | $76K | $71K | — | — | -$21K |
| 2021 | $126K | $85K | $64K | $4,524 | — | $7,596 |
| 2020 | $106K | $137K | $100K | $28K | — | -$34K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $3,500 from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $1–39,9991 position
- Total compensation, all staff$1,117
Schedule 3 of its 2023 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Salvatore Baio (president); Brandon Brousseau (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Socks for Change’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 710201088RR0001), or read how we compute the receipt.