Financial transparency
Financial information.
Salsabeel publishes annual financial information so donors can see the charity’s revenue, expenses and program spending. The founders cover administrative costs separately from donor-funded programs.
Fiscal year 2024–25
2024–25 summary
For the year ending September 30, 2025, Salsabeel recorded $17,754.76 in total revenue and delivered $11,744.64 in direct assistance.
2024–25 expenses
Direct assistance accounted for 91.5% of total expenses. The remaining operating expenses were funded by the board.
The Salsabeel model
How administrative costs are covered
The founders cover administrative expenses separately from donations. The annual statements show program spending and operating costs separately.
Donations fund charitable programs
Every donation goes directly to beneficiaries through food, education, medical assistance and other approved charitable support.
Founders cover administration
Our founders cover regulatory, professional and other operating expenses separately.
Volunteers run the programs
Salsabeel has no salaried staff. Trusted volunteers help identify needs and deliver support in the communities we serve.
Three-year view
Three-year financial summary
Revenue, direct assistance, operating expenses and assets for each fiscal year since 2022–23.
| Fiscal year | Total revenue | Direct assistance | Operating expenses | Year-end net assets |
|---|---|---|---|---|
| 2022–23 | $8,150.00 | $7,950.00 | $200.00 | $0.00 |
| 2023–24 | $10,052.57 | $2,489.80 | $367.47 | $7,195.30 |
| 2024–25 Latest | $17,754.76 | $11,744.64 | $1,094.11 | $12,111.32 |
All figures are in Canadian dollars and are drawn from Salsabeel’s year-end financial statements. The 2023–24 net assets included funds awaiting distribution after the September 30 year-end.
Full documents
Financial statements
This PDF includes Salsabeel’s financial statements for fiscal years 2022–23, 2023–24 and 2024–25.
All financial statements
Review, download or print all three years of financial statements in one consolidated PDF.
Registered in Canada
Organization details
- Legal name
- 14414519 Canada Foundation
- Operating name
- Salsabeel Charity
- CRA registration no.
- 799061411RR0001
- Charity designation
- Currently a private foundation; approved to become a charitable organization effective October 1, 2026, at the beginning of Salsabeel’s fiscal year
- Effective registration date
- August 29, 2024
- Incorporated
- October 1, 2022
- Fiscal year-end
- September 30