Eva's Initiatives
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
A-
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Average
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
45%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 45 cents are available for programs.
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OVERVIEW
About Eva's Initiatives:
Eva’s Initiatives for Homeless Youth is a 3-star charity with an above-average results reporting grade of A-. For every dollar donated, 45 cents are available to go towards the cause. Its reserve funds can cover just 5 months of annual program costs.
Founded in 1989, Eva’s Initiatives for Homeless Youth (Eva’s) provides emergency shelter, long-term transitional housing support, and job training programs for Torontonian youths between the ages of 16 and 24. The charity particularly focuses on the unique needs and challenges of Black homeless youth. It reports that while Black individuals represent only 9.5% of the general population of Toronto, they make up 43% of Toronto youth experiencing homelessness. In fiscal 2024 (year ended September), Eva’s spent $9.2m on its three programs: Shelter Services, Youth Programs, and YOUth Belong.
In F2024, Shelter Services was 61% of annual program spending. Eva’s operates four sites in Toronto that offer shelter and transitional housing for young people experiencing homelessness. In F2024, Eva’s emergency shelter served 304 youths who stayed for an average length of five months. Eva’s transitional shelter program served 120 youths in F2024.
In F2024, Youth Programs was 22% of annual program spending. This involves employment and education training, and health and well-being support. In F2024, 156 Black youths received support from a psychiatrist and more than 250 youths were engaged in workshops and information sessions.
In F2024, YOUth Belong was 17% of annual program spending. YOUth Belong is a community housing program specifically for Black youth. In F2024, the charity provided 65 youths with up to $800 in rental support.
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Results and Impact
In F2024, Eva’s Initiatives conducted a survey on its Youth Programs. The results were as follows:
75% of youths surveyed reported improved complex problem-solving skills.
82% of youths surveyed reported improved financial literacy skills.
78% of print shop program graduates are employed after completing the program.
In F2024, Eva’s Initiatives provided 304 youths with emergency shelter and transitioned 139 youths into permanent housing. The charity also reports that 30% of youths at Eva’s are employed at a 14% year over year increase.
While Ci highlights these key results, they may not be a complete representation of Eva’s Initiatives for Homeless Youth’s results and impact. Charity Intelligence has given Eva’s Initiatives an Average impact score based on its demonstrated impact per dollar spent.
Impact Rating: Average
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Finances
Eva’s Initiatives for Homeless Youth’s audited financial statements follow activity-based costing which is a best practice. This means it clearly discloses which expenses relate to program, administrative, and fundraising activities.
In F2024, the charity received $2.2m in donations and $8.0m in government funding representing 74% of total revenues. Administrative costs are 19% of total revenues (less investment income) and fundraising costs are 36% of total donations. For every dollar donated, 45 cents are available to go towards the cause. This is outside Ci’s reasonable range for overhead spending. In F2024, Eva’s Initiatives for Homeless Youth spent $9.2m on its programs which represents 84% of total revenues.
At the end of F2024, Eva’s Initiatives had $3.8m in its reserve funds. These reserve funds can cover five months of annual program costs.
Profile updated on June 24, 2025 by Abby Stout.
Financial Review
Fiscal year ending September
|
2024 | 2023 | 2022 |
|---|---|---|---|
| Administrative costs as % of revenues | 19.2% | 13.6% | 21.3% |
| Fundraising costs as % of donations | 35.6% | 24.5% | 48.0% |
| Total overhead spending | 54.7% | 38.1% | 69.3% |
| Program cost coverage (%) | 41.7% | 54.0% | 52.5% |
Summary Financial StatementsAll figures in $000s |
2024 | 2023 | 2022 |
|---|---|---|---|
| Donations | 2,185 | 3,547 | 2,395 |
| Government funding | 8,022 | 8,151 | 7,970 |
| Business activities (net) | 476 | 340 | 336 |
| Investment income | 90 | 88 | 20 |
| Other income | 120 | 47 | 29 |
| Total revenues | 10,893 | 12,173 | 10,749 |
| Program costs | 9,189 | 9,280 | 9,056 |
| Administrative costs | 2,070 | 1,645 | 2,289 |
| Fundraising costs | 778 | 870 | 1,149 |
| Total spending | 12,037 | 11,795 | 12,493 |
| Cash flow from operations | (1,144) | 378 | (1,744) |
| Capital spending | 136 | 0 | 37 |
| Funding reserves | 3,831 | 5,015 | 4,754 |
Note: DEFERRED REVENUE: To report on a cash-basis, Ci adjusted for the changes in deferred revenue. This affected total revenues by ($307k) in F2024, $463k in F2023, and $261k in F2022. DEFERRED CAPITAL CONTRIBUTIONS: Ci also adjusted for changes in deferred capital contributions. This affected revenues by ($590k) in F2024, ($594k) in F2023, and ($592k) in F2022. AMORTIZATION: Ci backed out amortization from program, administrative, and fundraising costs on a pro-rata basis.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
1 |
$160k - $200k |
4 |
$120k - $160k |
5 |
$80k - $120k |
0 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2024
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Comments & Contact
Comments added by the Charity:
Comments from a previous year:
As a charity that prides itself on excellence in addressing the challenge of youth homelessness, Eva’s is pleased to be one of the charities evaluated by Charity Intelligence for generating results.
Learn More: 2024 Annual Report
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-977-4497