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Registered as MICHAEL ROSENBERG CHARITY FOUNDATION
$2,833,144
$714,691
It took in $2,118,453 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.
| Year | Money in | Money out |
|---|---|---|
| 2017 | $536K | $243K |
| 2018 | $2.0M | $335K |
| 2019 | $985K | $299K |
| 2020 | $637K | $266K |
| 2021 | $974K | $261K |
| 2022 | $1.2M | $438K |
| 2023 | $2.4M | $731K |
| 2024 | $2.8M | $715K |
| What it went on | CRA line | Amount | Share |
|---|---|---|---|
| Charitable programs | 5000 | $2,753 | 94.4% |
| Management and administration | 5010 | $163 | 5.6% |
| Fundraising | 5020 | Not reported | — |
| Total expenditures excluding gifts | 4950 | $2,916 |
This charity did not report a fundraising figure. That is not the same as zero. Only one charity in five reports a fundraising figure at all, and the return does not require it.
It reported giving $711,775 to other qualified donees — registered charities and similar organisations. This sits outside the breakdown above, which covers the charity’s own spending. Line 5050.
Michael Rosenberg Charity Foundation reported spending 94.4% of its expenditure on charitable programs. Among the 510 charities registered under foundations advancing education that reported the same line for 2024, the middle of the range is 81.5%, and this charity sits at the 68th percentile — above 68% 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.
Charities that hold significant property not used in their programs must spend a minimum amount each year — the disbursement quota. Michael Rosenberg Charity Foundation files this schedule; most charities do not.
| Required to spend | 840 | $559,664 |
|---|---|---|
| Counted toward the quota | 860 | $714,528 |
| Difference | 865 | $154,864 above the quota |
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.
The most recent return this charity has filed — not its position today. Charities have six months to file and the CRA publishes annually.
These are the charity’s own figures. A surprising figure is at least as likely to be a filing error as a finding.
This site cannot confirm whether 119123545 RR 0001 is registered today. Its filings are public open data; current registration status is not, and the CRA’s own listing is the only authoritative source. Check this charity on the CRA Charities Listing.
Source: Canada Revenue Agency — List of charities (T3010). Data current as of 2024 filing year. Filed by the charity and not audited by the CRA. Contains information licensed under the Open Government Licence – Canada.