Fondation Victor Cloutier INC.

It took in $92,461 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 programs89.8%
• Management and administration9.8%
• Not allocated to a line0.3%

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.

Fondation Victor Cloutier INC. reported spending 89.8% of its expenditure on charitable programs. Among the 3,143 charities registered under foundations that reported the same line for 2024, the middle of the range is 71.5%, 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. Fondation Victor Cloutier INC. 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.