Covenant Chapel (The Redeemed Christian Church of God Canada)
Charitable organization · Toronto, Ontario · BN 845296151RR0001 · Christianity · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($991,295) as filed with the CRA.
Covenant Chapel (The Redeemed Christian Church of God Canada) is a charitable organization based in Toronto, Ontario, classified by the CRA under christianity. In its fiscal year ending December 31, 2024, it reported $1.3M in revenue and $991K in expenditures.
Its funding that year was roughly 91% from donations. In 2024, 1 other registered charity reported granting it a combined $48K.
Compared with 2,238 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 92% of peers. Its highest-paid positions fell in the $350,000 and over range (2 positions in that band). The charity reported 9 permanent full-time positions.
It reported gifts to 1 qualified donee totalling $79K in 2024, the largest being $79K to The Redeemed Christian Church of God Canada (RCCG Canada). Its filed list of directors and trustees shows 5 names.
In its own words
1) weekly devotional christian worship teaching and counselling 2) youth mentoring and career couselling 3) new commer/immigrants settlement programs 4) all must gather- a month long prayer and teaching of the word 5) summerfest and neigbourhood appreciation (life walk))
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.3M | $991K | $913K | — | $79K | $4.9M |
| 2023 | $1.3M | $881K | $792K | — | $90K | $4.5M |
| 2022 | $1.5M | $853K | $764K | — | $88K | $4.1M |
| 2021 | $1.1M | $869K | $779K | — | $91K | $3.4M |
| 2020 | $949K | $711K | $672K | — | $40K | $3.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $79K to 1 qualified donee:
Received $48K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $350,000 and over2 positions
- $40,000–79,9991 position
- $1–39,9998 positions
- Permanent full-time positions9
- Total compensation, all staff$285K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Olutayo Ojajuni (pastor and chairman of the bo); Olubunmi Ojajuni (pastor and trustee); Akin Reju (trustee); Olusegun Odunuga (trustee); Yemi Okewole (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Covenant Chapel (The Redeemed Christian Church of God Canada)’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 845296151RR0001), or read how we compute the receipt.