Beth Oloth Charitable Organization
SOURCE: CharityIntelligence.ca, captured 2020-08-14
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2017: >$60 million
2016: $44.5 million
2015: $42.8 million
2014: $35.5 million
2013: $27.9 million
2012: $9.4 million
2003-2011: largely inactive
See also:
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[2019-01-29] Canada Revenue Agency (CRA) revokes Jewish group [Beth Oloth Charitable Organization]'s charitable status
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[2019-01-28] Canadian Government revokes charity status of Canadian Jewish group that supported 'foreign armed forces'
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[2019-01-28] Jewish group welcomes revocation of Beth Oloth’s charitable status
About Beth Oloth Charitable Organization
Established in 1980, Beth Oloth Charitable Organization's purpose, according to its CRA T3010 filing, is "to stimulate interest in providing higher Jewish education and Jewish religious training for the perpetuation of the Jewish religion and the training of teachers of Jewish religion."
Charity Status Revoked
On January 12, 2019 Charities Directorate revoked the charity status on Beth Oloth. This is the 4th Major 100 Canadian charity to be revoked since 2011. The Major 100 are Canada's largest publicly-supported charities. The Charities Directorate's audit investigation found it had funded non-charitable activities, see Global News for more information.
The Charities Directorate's documents on the audit process identify associations between Beth Oloth and Gates of Mercy, another large charity Charity Intelligence has a donor advisory on. Beth Oloth's American operations continue.
Previously reported Donor advisory
Beth Oloth Charitable Organization does not have a website and does not report any full-time employees. However, it does report 2 part-time employees who were paid an average of $3,938 in FY2015. All information in this report was gathered through the charity's T3010 filing and unaudited financial statements provided by the CRA.
According to its F2015 financial statements, Beth Oloth Charitable Organization spent $40.3m on undisclosed "charitable distributions" and granted $2.6m to 149 other charities. The 3 largest charitable grants were to KH Meoroth ($207,560 in F2015), Congregation Beth Medrash Covoha ($194,432), and Yeshiva Yesodei Hatorah ($175,635). The charity's T3010 filing indicates that $38.5m of its "charitable distributions" were distributed to individuals and organizations outside of Canada.
Results and Impact
Charity Intelligence rated Beth Oloth as Low impact based on demonstrated social impact per dollar spent.
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Finances
This financial review was prepared using unaudited financial statements provided from the CRA [Canada Revenue Agency]. Beth Oloth Charitable Organization is a Major 100 charity with donations of $42.6m in FY2015. Its administrative costs were 0.1% of revenues and no fundraising costs were reported. As a result, for every dollar donated, virtually 100 cents went towards the charity's programming, falling outside of Charity Intelligence’s reasonable range. Beth Oloth Charitable Organization has funding reserves of $1m in FY2015, resulting in a program cost coverage ratio of 2%. This charity review is an update that is currently being reviewed by Beth Oloth Charitable Organization. Changes and edits may be forthcoming. Updated on August 11, 2017 by Kevin Silberberg. 
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