Compassion and Grace Institute Inc.
Charitable organization · Montague, Prince Edward Island · BN 819244906RR0001 · Christianity
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($713,383) as filed with the CRA.
Compassion and Grace Institute Inc. is a charitable organization based in Montague, Prince Edward Island, classified by the CRA under christianity. In its fiscal year ending December 31, 2024, it reported $2M in revenue and $713K in expenditures.
Its funding that year was roughly 68% from donations, 31% from other charities. In 2024, 1 other registered charity reported granting it a combined $600K.
Compared with 2,238 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 84% of peers.
Revenue has grown substantially over its filings on record here, from $695K in 2020 to $2M in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The charity receives donations in order to facilitate the following activities l 1. To establish and operate a buddhist institute to apply and promote traditional buddhist ethics and culture and to promote life philosophies of compassion teamwork wisdom and practice what is preached ; 2. To undertake charitable activities to assist in relieving sufferings of body and mind which are delivered for the increasing desires and excessive dependence of materialism ; and 3.to be part of the society for the welfare of all people facilitate culture prosperity. 4. To host daily study for monk…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2M | $713K | $700K | — | — | $4.4M |
| 2023 | $1.3M | $631K | $627K | — | — | $3.2M |
| 2022 | $1.1M | $568K | $553K | — | — | $2.5M |
| 2021 | $875K | $502K | $527K | — | — | $1.9M |
| 2020 | $695K | $474K | $473K | — | — | $1.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $600K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Lei Han (vice president); Cheng Zhang (president); Zigiang Jiang (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Compassion and Grace Institute Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 819244906RR0001), or read how we compute the receipt.