STATEMENT OF OPERATIONS |
2020 | 2019 |
|---|---|---|
| REVENUE | $3 187 847 | $2 936 791 |
| Donations and contributions | $2 845 035 | $2 387 966 |
| Investment income | $232 284 | $548 825 |
| Canada Emergency Wage Subsidy | $110 528 | - |
| EXPENSES | $539 574 | $889 076 |
| EXCESS OF REVENUE OVER EXPENSES BEFORE OTHER ELEMENTS | $2 648 273 | $2 047 715 |
| Contributions to the YMCAs of Québec | ($2 642 554) | ($1 852 228) |
| EXCESS OF REVENUE OVER EXPENSES | $5 719 | $195 487 |
A charitable organization whose mission is to encourage and inspire all people to fulfill their potential, thrive and contribute to their community, the YMCAs of Québec offer programs in more than 30 points of service and virtually across the province, as well as operating an International Language School, YMCA Residence and Camp YMCA Kanawana.
Thanks to financial partnerships with different levels of government and the generosity of its volunteers and donors, each year, the YMCA helps more than 120,000 people to develop their skills.
As the first YMCA in North America, the YMCAs of Québec have been present in Montréal since 1851.
Since 1984, the YMCAs of Québec Foundation supports the mission of the YMCA and ensure its financial sustainability by promoting the impact it has on the community, raising funds and administering these funds responsibly.
