Graceworld Ministries
Charitable organization · Toronto, Ontario · BN 845423326RR0001 · Support of Religion · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($21,898) as filed with the CRA.
Graceworld Ministries is a charitable organization based in Toronto, Ontario, classified by the CRA under support of religion. In its fiscal year ending December 31, 2024, it reported $17K in revenue and $22K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 6% from donations, 64% from other charities. In 2024, 1 other registered charity reported granting it a combined $11K.
Compared with 13,471 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 78% of peers.
Revenue has declined over its filings on record here, from $360K in 2020 to $17K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
1. The promote and advance the spiritual and moral teachings of christianity by adhering to religious observances tenets and doctrines associated with that faith ; 2. To use any form of media to advance and promote christianity. 3. And the charity is active in publication of books cd's dvd's and other christian literature .
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $17K | $22K | $22K | — | — | $118K |
| 2023 | $27K | $24K | — | — | $7,000 | $123K |
| 2022 | $50K | $48K | $15K | — | $33K | $121K |
| 2021 | $380K | $381K | $309K | — | $40K | $121K |
| 2020 | $360K | $248K | $219K | — | — | $121K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $11K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Total compensation, all staff$11K
Schedule 3 of its 2020 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Peter Youngren (president); Isikondo Bontongo (secretary); Brian Bwawa (treasurer); Taina Youngren (director); Nathan Thurber (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Graceworld Ministries’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 845423326RR0001), or read how we compute the receipt.