Unsinkable Ltd.
Charitable organization · Toronto, Ontario · BN 701524910RR0002 · Supportive Health Care · website
Source: T3010 return, FPE 2024-08-31. Split of total expenditures ($518,124) as filed with the CRA.
Unsinkable Ltd. is a charitable organization based in Toronto, Ontario, classified by the CRA under supportive health care. In its fiscal year ending August 31, 2024, it reported $876K in revenue and $518K in expenditures.
Its funding that year was roughly 87% from donations, 13% from other charities. In 2024, 11 other registered charities reported granting it a combined $209K.
Compared with 1,130 health charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 30% of peers. 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 $377K in 2022 to $876K in 2024. Its filed list of directors and trustees shows 8 names.
In its own words
1) virtual youth groups - unsinkable youth is a 12-week program designed by youth for youth and delivered by youth this initiative aims to empower young individuals to develop personal resilience forge meaningful community connections and create a safe space for the sharing of personal stories. Unsinkable youth is unique in that it is developed designed and delivered entirely by youth. Our young program leaders guided by experienced mentors have played a pivotal role in shaping every aspect of the program ensuring it resonates with their peers. This youth-centric approach is crucial …
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2022–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $876K | $518K | $353K | — | — | $23K |
| 2023 | $550K | $485K | $240K | — | $100 | -$103K |
| 2022 | $377K | $366K | $190K | — | — | -$24K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $209K from 11 charities:
- The Lang Family Foundation$100K
- The Winnipeg Foundation$56K
- Kindred Foundation$18K
- The Doug and June Barber Family Foundation$15K
- Canadahelps Canadon$6,698
- Oakville Community Foundation$6,500
- Canadian Online Giving Foundation$3,750
- United Way of Greater Toronto$1,641
- PayPal Giving Fund Canada$309
- Toronto Foundation$300
- My Tribute Gift Foundation—
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$88K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Kate Nazar (director); Theresa Jensen (director); Kathy Cunningham (director - treasurer); Sigrun Watson (director - board chair); Asha Burry (director - vice chair); Andrew Howlett (director); Chika Oriuwa (director); Emmanuelle Sansfacon (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Unsinkable Ltd.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 701524910RR0002), or read how we compute the receipt.