Grace Life Covenant Ministries
Private foundation · Toronto, Ontario · BN 743663890RR0001 · Christianity
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($34,256) as filed with the CRA.
Grace Life Covenant Ministries is a private foundation based in Toronto, Ontario, classified by the CRA under christianity. In its fiscal year ending November 30, 2024, it reported $36K in revenue and $34K in expenditures.
Its funding that year was roughly 100% from donations.
Compared with 13,471 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 26% of peers.
Its filed list of directors and trustees shows 3 names.
In its own words
Regular sunday services physical & online prayer meeting via zoom & physical camping / training & discipleship / bible study
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $36K | $34K | $23K | — | — | $77K |
| 2023 | $42K | $41K | — | — | — | $69K |
| 2022 | $37K | $37K | $26K | — | — | $65K |
| 2021 | $29K | $58K | $28K | — | $625 | $56K |
| 2020 | $25K | $3,000 | $12K | — | — | $49K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Directors & trustees (2023)
Inocencio Lopez (founder / pastor); Rosalie Lopez (director); Wina Oinal (director).
As listed on its 2023 return.
Check the source
Every figure on this page is from Grace Life Covenant Ministries’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 743663890RR0001), or read how we compute the receipt.