119144616RR0001 — 0001
Registered — Selkirk, MB — Charitable Organization
Scores: Legitimacy 94/100 · Effectiveness 87/100
Financials: Revenue $1,651,375 · Expenditures $1,733,184
Nova House in Selkirk, Manitoba operates as a poverty relief organization with $1.65 million in revenue, 85.2% program spending, and 12.4 months of reserves — more than double the 5.8-month peer median for comparable organizations. With 39 years of continuous registration and a clean governance record, Nova House has earned its A+ grade despite some revenue volatility stemming from a 36.2% single-year drop during its reporting history. Revenue has since recovered strongly, growing at a 7.0% CAGR overall.
Our Verdict: A well-established Manitoba poverty relief organization with healthy reserves, solid program spending, and strong revenue growth — the volatility in its funding history is worth noting, but the overall trajectory and financial cushion are reassuring for donors.