Gifts From The Heart Inc.
Publicly funded institution · Charlottetown, Prince Edward Island · BN 715773727RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($214,919) as filed with the CRA.
Gifts From The Heart Inc. is a charitable organization based in Charlottetown, Prince Edward Island, classified by the CRA under organizations relieving poverty. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending December 31, 2024, it reported $306K in revenue and $215K in expenditures.
Its funding that year was roughly 31% from donations, 59% from government. Government funding is the majority of its budget. In 2024, 8 other registered charities reported granting it a combined $24K.
Compared with 1,890 poverty-relief institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 92% of peers. Its fundraising cost per donated dollar was lower than 100% of that peer group. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
It reported gifts to 2 qualified donees totalling $18K in 2024, the largest being $12K to Nuwelcom Incorporated. Revenue has grown substantially over its filings on record here, from $192K in 2020 to $306K in 2024.
In its own words
The charity collects and redistributes the basic necessities of life to the poorest members of society in Prince Edward Island. Including food stuffs clothing furniture personal sanitary products off-the-shelf medical supplies school supplies and a small amount of cash in exceptional circumstances.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $306K | $215K | $194K | $0 | $18K | $277K |
| 2023 | $275K | $225K | — | $0 | — | $186K |
| 2022 | $301K | $296K | $289K | — | $0 | $136K |
| 2021 | $186K | $124K | $124K | $0 | $0 | $132K |
| 2020 | $192K | $131K | $125K | — | — | $64K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $18K to 2 qualified donees:
- Nuwelcom Incorporated$12K
- Atlantic Freedom Ministries$6,000
Received $24K from 8 charities:
- The Community Foundation of Prince Edward Island Inc.$17K
- The Joan and Regis Duffy Foundation$5,000
- Canadahelps Canadon$1,306
- Community Worship Centre Inc.$500
- Canada Donates Inc.$473
- PayPal Giving Fund Canada$406
- United Way of Prince Edward Island$260
- United Way of Greater Moncton and Southeastern New Brunswick Region Inc.\centraide de la Region du Grand Moncton et du Sud Est du Nouveau-New Brunswick Inc.$28
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Permanent full-time positions0
- Total compensation, all staff$8,879
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Check the source
Every figure on this page is from Gifts From The Heart Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 715773727RR0001), or read how we compute the receipt.