Penticton Secondary Schools Bursary and Scholarship Foundation

It took in $27,972 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 programs97.8%
• Management and administration0.0%
• Not allocated to a line2.2%

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.

The reported lines do not add up to the total. The difference is spending the charity did not assign to any of them — the CRA return treats these lines as optional components of the total, not as a complete breakdown of it.

Penticton Secondary Schools Bursary and Scholarship Foundation reported spending 97.8% of its expenditure on charitable programs. Among the 2,543 charities registered under support of schools and education that reported the same line for 2024, the middle of the range is 87.5%, and this charity sits at the 76th percentile — above 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.

Charities that hold significant property not used in their programs must spend a minimum amount each year — the disbursement quota. Penticton Secondary Schools Bursary and Scholarship Foundation 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.