Baitul Maal Inc.
Charitable organization · Scarborough, Ontario · BN 118972389RR0001 · Islam
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($3,221) as filed with the CRA.
Baitul Maal Inc. is a charitable organization based in Scarborough, Ontario, classified by the CRA under islam. In its fiscal year ending December 31, 2024, it reported $1,135 in revenue and $3,221 in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 88% from donations. In 2024, 1 other registered charity reported granting it a combined $2,153.
Compared with 13,471 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 24% of peers.
It reported gifts to 1 qualified donee totalling $2,000 in 2024, the largest being $2,000 to Islamic Centre of Oshawa. Revenue has declined over its filings on record here, from $26K in 2020 to $1,135 in 2024.
In its own words
Public education other study programs places of worship congregations parishes dioceses etc. Support and services for charitable sector food bank and providing help for the needy
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1,135 | $3,221 | — | — | $2,000 | -$5 |
| 2023 | $2,618 | $586 | — | — | $500 | $2,081 |
| 2022 | $20K | $19K | $19K | — | $19K | — |
| 2021 | — | $17K | — | — | $17K | — |
| 2020 | $26K | $26K | $26K | — | — | $17K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $2,000 to 1 qualified donee:
- Islamic Centre of Oshawa$2,000
Received $2,153 from 1 charity:
- Canadahelps Canadon$2,153
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from Baitul Maal Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 118972389RR0001), or read how we compute the receipt.