Covenant of Promise Ministries Inc.
Charitable organization · North York, Ontario · BN 830355095RR0001 · Christianity
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($347,098) as filed with the CRA.
Covenant of Promise Ministries Inc. is a charitable organization based in North York, Ontario, classified by the CRA under christianity. In its fiscal year ending December 31, 2024, it reported $316K in revenue and $347K in expenditures.
Its funding that year was roughly 95% from donations.
Compared with 14,125 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 10% of peers. The charity reported 1 permanent full-time position.
Its filed list of directors and trustees shows 6 names.
In its own words
Covenant of promise provides weekly worship services instructions in biblical teaching and other religious programs. Covenant of promise also provides community programs and other outreach activities in extending its services to the greater toronto area.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $316K | $347K | $51K | — | — | $1.9M |
| 2023 | $327K | $380K | $56K | — | — | $1.9M |
| 2022 | $274K | $252K | $34K | — | — | $2.7M |
| 2021 | $231K | $230K | $34K | — | — | $1.9M |
| 2020 | $244K | $253K | $46K | — | — | $1.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
What it pays
- Permanent full-time positions1
- Total compensation, all staff$111K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Derrick Fraser (council/trustee); Rosetta McMorris (council); Owen Hall (council); Clifton Hall (pastor); Glendon Gordon (council); Paul Mitchell (council).
As listed on its 2024 return.
Check the source
Every figure on this page is from Covenant of Promise Ministries Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 830355095RR0001), or read how we compute the receipt.