To Non-Profit, or to not Non-Profit?
Over the past ten months we’ve been working hard to become a registered charity. We have been filling out forms, making calls, and planning for this step as if it were inevitable. We thought donating all our money, reducing monetary waste, and helping the community would make re:give eligible to achieve charity status- but, this was not the case! There has been a ton of learning on our part, thanks largely to guidance from IntegralOrg! Check out their website to learn about the great work they do in Calgary.
So what are the rules, anyways?
Devoting substantially all your resources to your stated charitable purpose is a great start to becoming a recognized charity, but is only the starting point. To be a charity you must ALSO fit into one of the four categories recognized by the CRA. These categories are:
- Relief of poverty
- The advancement of education
- The advancement of religion
- Another purpose beneficial to the community
These four points support a ton of incredible organizations in Calgary- but, staying a non-profit makes significantly more sense with our mission and vision. The CRA provides a comprehensive breakdown of the differences between non-profits and registered charities on their website. A lot of the difference boils down to scope of outreach and reporting requirements. Over the last few months, we have been learning way more about legal requirements then we ever thought we would at the start of our journey!
As a new Calgary organization, we had anticipated a few growing pains- and our choice to remain a non-profit is a part of this. We are thrilled to be receiving donations that support our mission and increasing our impact enough that we had to consider becoming a charity; however, we can ultimately serve our community better as a non-profit organization.
This will allow us to support the community in ways it needs, and pivot when these needs change. It allows us to be nimble, have a broader impact, and continue to work with and support some of the amazing Calgary charities that do exist. That isn’t to say one day we won’t pivot our mission and become a charity, but after long nights of team chats and numerous pros and cons lists, we know this is the right decision for us all.
If you want to chat more about our decision to be remain a non-profit – reach out to one of our team members Here! To read more about how you can help re:give and the Calgary Community, click below!