Table 1

Summary Statistics for Charities

MeanSDMin.Max.
Panel A: Full Sample
Total revenue762.01,326.034.810,830.5
Program expenditures555.41,025.525.06,985.4
Number of different managers5.41.81.012.0
Mean tenure of manager3.81.31.311.5
Panel B: Bottom 90 Percent
Total revenue394.5369.734.81,723.2
Program expenditures271.4275.025.01,391.7
Number of different managers5.41.81.012.0
Mean tenure of manager3.81.21.311.5
Panel C: Control Variables
Household income (in $ thousands)63.717.329.6206.0
Total population (in thousands)26.214.21.5103.3
Percent aged 0–1923.664.826.5435.59
Percent aged 20–6461.734.6552.2285.36
Percent aged 65+14.613.982.3129.16
Percent with university degree18.0011.295.8860.75
Unemployment rate12.929.262.6940.99
Percent immigrant7.8710.330.1160.68
Percent low income16.957.704.0558.63
Percent Christian72.4515.7621.7696.60
  • Notes: Thousands of 2014 dollars. One observation per charity, averaged over all years. All measures in Panels A and B are from the T3010 Charity Information Return. All measures in Panel C are from Canadian census data from the years 1991, 1996, 2001, 2006, and 2011 with linear interpolation for years in between.