Iqra Islamic School
Publicly funded institution · Mississauga, Ontario · BN 878808567RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-08-31. Split of total expenditures ($794,618) as filed with the CRA.
Iqra Islamic School is a charitable organization based in Mississauga, Ontario, classified by the CRA under teaching institutions. 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 August 31, 2024, it reported $837K in revenue and $795K in expenditures.
In 2023, 1 other registered charity reported granting it a combined $2.
Compared with 1,540 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 1% of peers. None of its ten highest-paid positions cleared $40,000. The charity reported 22 permanent full-time positions.
In its own words
No Changes from last year filings. Continue to operate and involved in activities such as Academic Education for children from JK-Montessori Programs to Grade 8. Religious Education in Quranic and Islamic Studies. Religious Functions Social Events and Religious Festivities. Some of the activities were suspended temporarily due to Pandemic Covid-19.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $837K | $795K | $38K | — | — | $1.8M |
| 2023 | $749K | $734K | $16K | — | — | $1.8M |
| 2022 | $748K | $715K | $11K | — | — | $1.8M |
| 2021 | $753K | $645K | $11K | — | — | $1.8M |
| 2020 | $734K | $651K | $102K | — | — | $1.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2023
Received $2 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $1–39,99922 positions
- Permanent full-time positions22
- Total compensation, all staff$603K
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 Iqra Islamic School’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 878808567RR0001), or read how we compute the receipt.