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Ontario · Registered charity

UNITED WAY GOLDEN HORSESHOE

UNITED WAY GOLDEN HORSESHOE (Ontario) receives grants from 103 organizations whose Canada Revenue Agency filings report C$34,871,872 to it, the largest being UNITED WAY OF GREATER TORONTO (C$11,225,006). 69 of them have funded it in more than one year.

C$17M
Revenue FY2024
103
Funders on record
C$35M
Grants received
C$8.7M
Net assets
69/103 repeat funderspeak grant-dependency 74%

Against its field

UNITED WAY GOLDEN HORSESHOE has grown faster than half of the 362 foundations nonprofits its size.

Operating margin2% · bottom quartile
Months of reserve5.8mo · below the median
Revenue growth (annualized)13% · above the median

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$7.1M) Expenses 100 (C$7.3M) Net assets 100 (C$839k)2018 Revenue 168 (C$12M) Expenses 168 (C$12M) Net assets 304 (C$2.6M)2019 Revenue 158 (C$11M) Expenses 169 (C$12M) Net assets 337 (C$2.8M)2020 Revenue 158 (C$11M) Expenses 148 (C$11M) Net assets 356 (C$3.0M)2021 Revenue 248 (C$18M) Expenses 216 (C$16M) Net assets 565 (C$4.7M)2022 Revenue 180 (C$13M) Expenses 163 (C$12M) Net assets 677 (C$5.7M)2023 Revenue 203 (C$15M) Expenses 162 (C$12M) Net assets 1007 (C$8.5M)2024 Revenue 238 (C$17M) Expenses 228 (C$17M) Net assets 1036 (C$8.7M)
'17'18'19'20'21'22'23'24
Revenue (238)Expenses (228)Net assets (1036)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

Government-grant reliance: 2021 28% · 2022 3% · 2023 1% · 2024 20%. Grants only. Government contracts and fees sit inside program revenue.

82% of UNITED WAY GOLDEN HORSESHOE’s revenue is contributions — more donation-reliant than the typical peer (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. 3 of the last 8 reported years ran a deficit.

−C$162k
’17
−C$291k
’18
−C$1.1M
’19
C$430k
’20
C$2.0M
’21
C$937k
’22
C$2.7M
’23
C$349k
’24
5.8
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 50 funders to 48 funders, grant income rose C$1.9M → C$7.0M.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
total
C$545k
C$303k
C$258k
Appleby Collegeunclassified
C$214k
C$162k
Wcpd Foundationunclassified
C$87k
Cidel Foundationunclassified
C$74k
C$70k
Canada Givesunclassified
C$69k
funders
50
50
50
57
46
51
48
45

From the CRA filings of UNITED WAY GOLDEN HORSESHOE’s funders (the co-funder graph). Top 30 of 103 funders by total. 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

UNITED WAY GOLDEN HORSESHOE leans on a few funders — its largest provides 32% of grant income and the top three 68%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders 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 UNITED WAY GOLDEN HORSESHOE.

32%
largest funder
68%
top three
~6
effective funders

Largest funder’s share by year: 2017 48% · 2018 61% · 2019 59% · 2020 50% · 2021 52% · 2022 28% · 2023 51% — growing more concentrated.

“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.

How long its funders stay

48% of UNITED WAY GOLDEN HORSESHOE's funders are still giving 3 years after their first grant; 67% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

83% of UNITED WAY GOLDEN HORSESHOE's grant income comes from Ontario funders.

In-province vs out-of-province, by year

’17
’18
’19
’20
’21
’22
’23
Ontario out of province

Funder regions come from each funder’s own filing. C$2.0M arriving through sponsors registered in 1 region is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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. Your 103 funders put you under-funded among the 400 organizations that share them.

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.

Government revenue UNITED WAY GOLDEN HORSESHOE reports

Federal, provincial and municipal funding on the organization’s own T3010 return.

FY2024C$3.4M
21
22
23
24
  • 20% of FY2024 revenue
  • As filed, not traced to an award

Organizations like UNITED WAY GOLDEN HORSESHOE

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

81% of spending goes to programs.

Program 81%Management 7%Fundraising 12%

Governance

17
board members

Questions and answers

Who funds UNITED WAY GOLDEN HORSESHOE?
UNITED WAY GOLDEN HORSESHOE (Ontario) receives grants from 103 organizations whose Canada Revenue Agency filings report C$34,871,872 to it, the largest being UNITED WAY OF GREATER TORONTO (C$11,225,006). 69 of them have funded it in more than one year.
How many funders does UNITED WAY GOLDEN HORSESHOE have?
Canada Revenue Agency filings report 103 organizations giving C$34,871,872 in grants to UNITED WAY GOLDEN HORSESHOE, 69 of which have funded it in more than one year.
Who is the largest funder of UNITED WAY GOLDEN HORSESHOE?
UNITED WAY OF GREATER TORONTO is the largest funder on record, with C$11,225,006 in grants. The full list of funders is on this page.
How can an organization like UNITED WAY GOLDEN HORSESHOE 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 103 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