Charity BreakdownCanadian charity filings, itemized

Covenant of Life Ministries

Charitable organization · Langley, British Columbia · BN 874258007RR0001 · Support of Religion · website

Your $100, itemizedCovenant of Life MinistriesFiscal year ended December 31, 2024
Charitable programs$71
Gifts to other charities$25
Management & admin$3
Fundraising$1
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($3,809,837) as filed with the CRA.

Covenant of Life Ministries is a charitable organization based in Langley, British Columbia, classified by the CRA under support of religion. In its fiscal year ending December 31, 2024, it reported $5.6M in revenue and $3.8M in expenditures.

Its funding that year was roughly 99% from donations. In 2024, 3 other registered charities reported granting it a combined $33K.

Compared with 2,238 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 76% of peers. Its fundraising cost per donated dollar was lower than 85% of that peer group. Its highest-paid position fell in the $160,000–199,999 range. The charity reported 6 permanent full-time positions.

It reported gifts to 3 qualified donees totalling $947K in 2024, the largest being $911K to Plumbline.TV. Revenue has grown substantially over its filings on record here, from $1.9M in 2020 to $5.6M in 2024. Its filed list of directors and trustees shows 3 names.

In its own words

Use effective tools like web and media (print television and internet) to communicate the bible provide ministry and prayer support to ministers leaders pastors and individuals conduct weekly church worship services and bible study meetings conduct church worship services and teach people the bible and to live in a biblical lifestyle of faith of jesus christ preach and teach the gospel of jesus christ through conferences seminars and evangelistic meetings distribute christian resources and materials

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$5.6M$3.8M$2.7M$16K$947K$957K
2023$2.9M$3.2M$3.1M$35K$278K-$873K
2022$2.7M$3M$2.7M$26K$324K-$565K
2021$2.4M$2.4M$2.2M$17K$291K$74K
2020$1.9M$2.1M$2M$9,678$182K-$296K

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Money between charities, 2024

As reported on the donors’ own T3010 qualified-donee schedules.

What it pays

Its ten highest-paid positions, by band:

  • $160,000–199,9991 position
  • $120,000–159,9991 position
  • $40,000–79,9991 position
  • $1–39,9993 positions
  • Permanent full-time positions6
  • Total compensation, all staff$641K

Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.

Directors & trustees (2024)

Faisal Malick (president); Dennis Harding (director); Chris Mitchell (director).

As listed on its 2024 return.

Check the source

Every figure on this page is from Covenant of Life Ministries’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 874258007RR0001), or read how we compute the receipt.