September 25, 2012; Source: Toronto Star
On September 15 in Toronto, Charity Intelligence, a charity watchdog that rates other charities, lost its own charitable status after failing to file an annual financial report with the Canada Revenue Agency. Oddly, it cited “a series of unfortunate events” that resulted in an admin mishap.
Managing Director Kate Bahen says the organization quickly tackled rectifying the issue once it came to their attention. The Toronto Star notes, “Audited statements for 2011 are now available on the Charity Intelligence website, though they have yet to be posted to the Canada Revenue Agency website.”
Writes reporter Amy Dempsey, “Charity Intelligence rates and recommends charities based on several factors, including transparency, and has been critical of charities that do not post full audited financial statements on their websites.” Bahen says she realized that there are some who might revel in the irony of all of this. –Ruth McCambridge