A charity must devote its resources to charitable purposes
and activities. It cannot pay, or otherwise make available, its
income to any of its members. It must issue official donation
receipts in accordance with the Income Tax Act and the Income
Tax Regulations. It is required to keep proper books and records,
and provide these and other relevant information to the Department.
Each year, the charity must file an annual information return.
As well, each year, the charity must spend its "disbursement
quota" which generally speaking is 80% of the income for
which it issued receipts in the last year.
