FINCA Canada
Charitable organization · Toronto, Ontario · BN 805686144RR0001 · Organizations Relieving Poverty · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,805,103) as filed with the CRA.
FINCA Canada is a charitable organization based in Toronto, Ontario, classified by the CRA under organizations relieving poverty. In its fiscal year ending December 31, 2024, it reported $1.5M in revenue and $1.8M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 89% from donations, 7% from other charities. In 2024, 51 other registered charities reported granting it a combined $381K.
Compared with 1,125 poverty-relief charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 4% of peers. Its fundraising cost per donated dollar was higher than 81% of that peer group. Its highest-paid position fell in the $80,000–119,999 range. The charity reported 3 permanent full-time positions.
Revenue has declined over its filings on record here, from $4M in 2020 to $1.5M in 2024. Its filed list of directors and trustees shows 7 names.
In its own words
Finca canada's mission is to end poverty through sustainable and scalable solutions that are driven by the insights and needs of people in the communities where they live and work. The charity does this through a range of programs providing various financial services and products to individuals and families in poor communities in developing nations that are designed to help them build and grow small businesses improve their livelihoods rise from poverty and obtain the basic necessities of life as well as to improve their living conditions their health their education levels and benefit l…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.5M | $1.8M | $671K | $693K | — | $1.3M |
| 2023 | $1.8M | $2.9M | $1.7M | $704K | — | $1.7M |
| 2022 | $2.6M | $2.4M | $1.3M | $623K | — | $2.6M |
| 2021 | $3.5M | $2.8M | $1.9M | $581K | — | $2.4M |
| 2020 | $4M | $4M | $2.7M | $800K | — | $1.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $381K from 51 charities:
- The Peter Gilgan Foundation$100K
- Canadahelps Canadon$58K
- Canadahelps Canadon$58K
- The James A. and Donna-Mae Moore Foundation$30K
- Temerty Foundation$25K
- GiftPact Foundation Inc.$20K
- Charitable Gift Funds Canada Foundation$11K
- The Krembil Foundation$10K
- The Sharp Foundation$10K
- Nicola Wealth Private Giving Foundation$6,500
- Abundance Canada$6,000
- The 1949 Foundation$5,000
- SGNC Foundation$5,000
- Aqueduct Foundation$4,000
- Canada Gives$3,500
- BenefAction Foundation$3,500
- Strategic Charitable Giving Foundation$2,544
- The Victoria Foundation$2,299
- CHIMP: Charitable Impact Foundation (Canada)$1,795
- Strategic Charitable Giving Foundation$1,721
- Strategic Charitable Giving Foundation$1,700
- Raymond James Canada Foundation$1,600
- Toronto Foundation$1,449
- Strategic Charitable Giving Foundation$1,009
- Grey Sisters of the Immaculate Conception$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9991 position
- $40,000–79,9992 positions
- Permanent full-time positions3
- Total compensation, all staff$190K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Andree Simon (director); Jacquie Green (director); Michael Green (director); Linda Wolfond (director); Riley Krembil (director); Buss Tim (treasurer); Sadaf Parvaiz (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from FINCA Canada’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 805686144RR0001), or read how we compute the receipt.