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ARTICLE · 30 SEPTEMBER 2024

CRA Releases Report On Charities Program 2022 To 2023

On September 4, 2024, the Charities Directorate of the Canada Revenue Agency released a Report on the Charities Program 2022 to 2023 (the "CRA Report").

CanadaCorporate/Commercial Law

On September 4, 2024, the Charities Directorate of the Canada Revenue Agency released a Report on the Charities Program 2022 to 2023 (the "CRA Report").

a) Overview

High level highlights of the CRA Report include the following: implementing a new way for charities to work with non-qualified donees by making grants; making changes to the Form T3010 Registered Charity Information Return; and decreasing the average processing time for final decisions on applications for registration from 213 days to 147 days.

The CRA Report stated that in 2022, there were 74,544 charitable organizations, 6,549 private foundations and 4,862 public foundations in Canada, totaling 85,955 registered charities.

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