134864933RR0001 — 0001
Registered — Niverville, MB — Charitable Organization
Scores: Legitimacy 100/100 · Effectiveness 95/100
Financials: Revenue $327,235 · Expenditures $351,521
Niverville Senior Citizens Housing directs 97.1% of its spending to programs — among the highest ratios in the poverty-relief sector — while maintaining 171 months of operating reserves backed by over $5 million in assets. This 30-year-old Manitoba seniors housing provider combines exceptional program focus with the financial stability to sustain its operations for decades.
Our Verdict: A financially rock-solid seniors housing provider with best-in-class program spending and deep reserves. Administrative costs are remarkably low at 2.9%, and the organization is running a modest planned deficit as it invests in its housing stock. A strong steward of donor and resident funds.