Skip to content
← Canadian charitiesAlso makes grants — grantmaker profile →

Ontario · Registered charity

THE NIKITA FOUNDATION

THE NIKITA FOUNDATION (Ontario) receives grants from 2 organizations whose Canada Revenue Agency filings report C$692 to it, the largest being ABUNDANCE CANADA (C$500). 0 of them have funded it in more than one year.

C$48M
Revenue FY2024
2
Funders on record
C$692
Grants received
C$282M
Net assets
0/2 repeat funderspeak grant-dependency 0%

Against its field

THE NIKITA FOUNDATION holds deeper cash reserves than three-quarters of the 362 foundations nonprofits its size.

Operating margin92% · outside the comparable range
Months of reserve25.1mo · top quartile
Revenue growth (annualized)127% · top quartile

this organization peer median middle 50% of peers· 362 foundations nonprofits $10M–$100M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 (C$153k) Expenses 100 (C$1.4M) Net assets 100 (C$5.8M)2018 Revenue 60008 (C$92M) Expenses 749 (C$11M) Net assets 1506 (C$87M)2019 Revenue 27661 (C$42M) Expenses 306 (C$4.3M) Net assets 2163 (C$125M)2020 Revenue 13516 (C$21M) Expenses 561 (C$7.9M) Net assets 2384 (C$138M)2021 Revenue 40217 (C$61M) Expenses 566 (C$8.0M) Net assets 3311 (C$191M)2022 Revenue 4313 (C$6.6M) Expenses 572 (C$8.1M) Net assets 3285 (C$190M)2023 Revenue 33068 (C$51M) Expenses 179 (C$2.5M) Net assets 4117 (C$238M)2024 Revenue 31213 (C$48M) Expenses 286 (C$4.0M) Net assets 4873 (C$282M)
'17'18'19'20'21'22'23'24
Revenue (31213)Expenses (286)Net assets (4873)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

0% of THE NIKITA FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (56% for the typical peer).

This organization
Typical peer · 318 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

−C$1.3M
’17
C$81M
’18
C$38M
’19
C$13M
’20
C$54M
’21
−C$1.5M
’22
C$48M
’23
C$44M
’24
25
months of
reserve
02Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'21
total
Abundance Canadaunclassified
C$500
C$192
funders
2

From the CRA filings of THE NIKITA FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

How concentrated its funding is

THE NIKITA FOUNDATION leans on a few funders — its largest provides 72% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE NIKITA FOUNDATION.

72%
largest funder
100%
top three
~2
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

Where its funders are

THE NIKITA FOUNDATION draws 72% of its grant income from funders outside Ontario, across 2 regions in all.

Funder regions come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like THE NIKITA FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every charity on the CRA register — the closest peers, and often the clearest route to shared or prospective funders.

In Ontario

Nationally

04Profile & governance

Read directly from this organization’s own T3010 return, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

4
board members

Questions and answers

Who funds THE NIKITA FOUNDATION?
THE NIKITA FOUNDATION (Ontario) receives grants from 2 organizations whose Canada Revenue Agency filings report C$692 to it, the largest being ABUNDANCE CANADA (C$500). 0 of them have funded it in more than one year.
How many funders does THE NIKITA FOUNDATION have?
Canada Revenue Agency filings report 2 organizations giving C$692 in grants to THE NIKITA FOUNDATION.
Who is the largest funder of THE NIKITA FOUNDATION?
ABUNDANCE CANADA is the largest funder on record, with C$500 in grants. The full list of funders is on this page.
How can an organization like THE NIKITA FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ontario.

These figures are read directly from the CRA's published T3010 data: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported September 23, 2026. What this page cannot tell you · View the T3010 on the CRA register