119147072RR0001 — 0050
Registered — Toronto, ON — Charitable Organization
Scores: Legitimacy 97/100 · Effectiveness 95/100
Financials: Revenue $4,001,570 · Expenditures $3,250,507
Shaarei Shomayim Congregation is a 59-year-old synagogue in Toronto that directs 95.2% of expenditures to programming while maintaining 18.5 months of reserves and a 26-member board — a governance structure typical of large congregations with broad community representation. Revenue surged 57.5% in the latest year to $4.0M, and the congregation carries no compliance concerns despite one conflict-zone jurisdiction exposure related to its religious mandate.
Our Verdict: A well-established Toronto synagogue with nearly six decades of continuous operation and strong financial discipline. Program spending at 95.2% far exceeds the 73.9% peer median, compensation is lean at 33.1% of revenue, and the operating surplus of $751K in the latest filing strengthens an already healthy reserve position. Donors supporting Jewish community life in Toronto can be confident in this congregation's stewardship and institutional depth.