Island Business Ministries
Charitable organization · North Sydney, Nova Scotia · BN 899990790RR0001 · Christianity
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($26,142) as filed with the CRA.
Island Business Ministries is a charitable organization based in North Sydney, Nova Scotia, classified by the CRA under christianity. In its fiscal year ending December 31, 2024, it reported $16K in revenue and $26K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 100% from donations. In 2024, 2 other registered charities reported granting it a combined $4,700.
Compared with 13,471 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 14% of peers. None of its ten highest-paid positions cleared $40,000. The charity reported 1 permanent full-time position.
Its filed list of directors and trustees shows 6 names.
In its own words
Outreach to local business using Christian perspective to provide counselling and other necessary services.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $16K | $26K | $6,440 | — | — | $9,276 |
| 2023 | $16K | $14K | $3,385 | — | — | $20K |
| 2022 | $14K | $9,332 | $9,332 | — | — | $8,768 |
| 2021 | $13K | $11K | $11K | — | — | $5,265 |
| 2020 | — | $15K | $13K | — | — | $3,461 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $4,700 from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $1–39,9991 position
- Permanent full-time positions1
- Total compensation, all staff$8,477
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Merrill Carmichael (director); David MacKenna (director); Gordon Reynolds (director); David Mackley (director); Wendel Shepherd (director); Joyce MacDougall (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Island Business Ministries’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 899990790RR0001), or read how we compute the receipt.