The Impact of Canada’s Charity and Not-for-Profit Sector

Earlier this year the Canadian Charity Law website published a blog highlighting statistics on Canada’s charity and non-profit sector for 2023. The website owner is Blumberg’s Professional Corporation, a Toronto law firm specializing in legal services and advice to Canadian non-profits and registered charities.

The blog, written by Mark Blumberg, reinforces the startling impact that charities and non-profits have on the Canadian economy and on Canadians in general. His blog states that the registered sector of non-profits in Canada stands at 86,000 organizations. It also points out that an estimated 80 – 100,000 non-profits are not registered.

In 2020, 83,991 registered charities filed T3010s for revenues of $304 billion with expenditures of $281 billion. The Canadian government in 2020 reported revenue of $204.8 billion.

To frame this in another way, the registered charity sector in Canada is bigger than Canada’s five largest industries combined.

If you are not familiar with the impact the non-profit sector has on the Canadian economy, you can read the full report here: Canadian Charity Law

The Canadian registered charity sector alone (not even including non-profits that are not charities) is bigger than the five largest following industries (as a percentage of GDP):

Real estate and rental and leasing 13.01%
Manufacturing 10.37%
Mining, quarrying, and oil and gas extraction 8.21%
Finance and insurance 7.06%
Construction 7.08%

These quick insights are meant to help you overcome the challenges of managing a fundraising campaign and we hope you have found something worthwhile here. To find out more, you can check our website Resources area or call. Thank you for your interest in MobilBid.

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