118874197RR0001 — 0050
Registered — Mont-royal, QC — Charitable Organization
Scores: Legitimacy 100/100 · Effectiveness 93/100
Financials: Revenue $546,761 · Expenditures $636,296
Congregation Reshith Chochma, the First Mesifta of Canada, is a 59-year-old Jewish religious and educational institution in Mont-Royal, Quebec, that directs 93.5% of expenditures to programs while keeping compensation at a lean 10.3% of revenue. Revenue has been volatile with a 41% peak decline since a CRA form reclassification in 2019, and the latest filing shows a $90K deficit, but the organization holds 29.9 months of reserves — right at the peer median for religious charities. One director serves on the boards of 7 charities, common in tight-knit religious communities.
Our Verdict: A well-established Jewish institution with nearly six decades of continuous operation, strong program spending, and lean compensation. Revenue volatility and a modest operating deficit are worth noting, but peer-normal reserves provide a comfortable buffer.