Fort Mcmurray Golden Years Society

It took in $74,859 more than it spent, and retained the difference. Neither is good or bad on its own — charities hold reserves, run capital campaigns, and spend down endowments, and the return does not say which.

• Charitable programs62.8%
• Management and administration36.7%
• Fundraising0.5%

Fort Mcmurray Golden Years Society reported spending 62.8% of its expenditure on charitable programs. Among the 4,465 charities registered under public amenities that reported the same line for 2024, the middle of the range is 85.8%, and this charity sits at the 24th percentile — below 76% of them.

That is a position in a distribution, not a verdict. Charities allocate costs differently on the same form, and a lower share often reflects how a return was filled in rather than how the money was spent. The cohort counts only charities that reported this line — about a quarter of the register does not, and they are not in the comparison at all.

Canadian charities report how many of their ten highest-paid positions fall in each pay band. Not who they are, and not what any one person earns — the return does not collect that, and it cannot be worked out from what follows.

• 1$40,000–79,999

1 position reported in total. The form asks only about the ten highest-paid, so a smaller number means the charity reported fewer compensated positions than that.

Charities that hold significant property not used in their programs must spend a minimum amount each year — the disbursement quota. Fort Mcmurray Golden Years Society files this schedule; most charities do not.

Charities may also carry a disbursement excess forward for five years, so a single year is a slice of a longer calculation rather than the whole of it.