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The broad positive impact that social purpose organizations have on Canadian society is often underappreciated or misunderstood. Social purpose leaders share their thoughts on the federal budget and how it will impact their organizations and the communities they support - including yours.
The non-profit sector makes up nearly 10 per cent of the Canadian economy and employs 2.5 million people, yet is often the last consideration in the federal budget.
Non-profits tend to be community-based, but a lot of funding flows from the top. The federal budget will point to the government’s top priorities and if those on the front lines of services factor into their long-term outlook.
The Canada Revenue Agency has updated the T3010 form every charity must fill out annually. It will add time to the reporting process, but will it offer enough transparency?
The number of Canadian donors has declined for over a decade. But in 2022, the total amount of tax-receipted donations dropped, too. Is it part of a broader trend or just a one-year dip?
