Kingswood University
Publicly funded institution · Sussex, New Brunswick · BN 106787856RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($4,914,200) as filed with the CRA.
Kingswood University is a charitable organization based in Sussex, New Brunswick, 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 June 30, 2024, it reported $5.6M in revenue and $4.9M in expenditures.
Its funding that year was roughly 23% from donations, 34% from other charities. In 2024, 22 other registered charities reported granting it a combined $696K.
Compared with 1,247 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 13% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group. Its highest-paid position fell in the $160,000–199,999 range. The charity reported 19 permanent full-time positions.
Its filed list of directors and trustees shows 17 names.
In its own words
Kingswood University is accredited through the Commission on Accreditation of the Association for Biblical Higher Education (ABHE) and provides a number of educational options including 3-4 year baccalaureate degrees focused on vocational Christian Ministry as follows: B.A. in Christian School Education Ministry and a Bachelor in Theology. These degrees include 8 major and minor programs of study: Christian Counselling Children's Ministry Church Planting Intercultural Studies Pastoral Ministry Worship Leading Evangelism Compassion & Social Justice Marketplace Ministry and Youth Mini…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $5.6M | $4.9M | $3.6M | $92K | — | $17.4M |
| 2023 | $5.1M | $5.1M | $3.4M | $157K | — | $16.4M |
| 2022 | $4.7M | $4.7M | $4.1M | $87K | $0 | $16.4M |
| 2021 | $5.3M | $4.6M | $4.1M | $89K | — | $16.5M |
| 2020 | $6.8M | $5M | $4.3M | $171K | $0 | $15.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $696K from 22 charities:
- The Wesleyan Church of Canada/l'eglise Wesleyenne du Canada$612K
- Bridgeway Foundation$40K
- Kings Church$10K
- The Atlantic District of the Wesleyan Church$5,100
- Trenton Wesleyan Church$5,000
- Sussex Wesleyan Church$3,600
- Tidal Church$3,250
- Wesleyan Church of Yarmouth$3,000
- Napanee Standard Wesleyan Church$2,700
- Wesleyan Church of Woodstock$2,000
- Kingston Standard Church$2,000
- Prairie Bible Institute$1,600
- Hartland Wesleyan Church$1,000
- Glad Tidings Pentecostal Church$1,000
- Cornerstone Wesleyan Church$1,000
- Roblin Wesleyan Church$700
- Wesleyan Church of Maple Ridge$500
- Scotch Settlement Union Church$500
- Hatfield Point Baptist Church$500
- Canadahelps Canadon$229
- Sussex Area Community Foundation Incorporated$200
- Canada Donates Inc.$46
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $160,000–199,9991 position
- $80,000–119,9993 positions
- $40,000–79,9996 positions
- Permanent full-time positions19
- Total compensation, all staff$2.1M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Pete Benson (member); Mark Collins (member); Richard Cox (member); Maurice Diggs (member); Barbara Farrow (member); Philip Fletcher (member); Eric Hallett (member); Kevin Johnson (member); Stephen Lennox (president ex officio); Tammy Leonard (member); Valerie Lewis (member); Peter Moore (chair); Peter Rigby (member); Robert Strum (secretary); Amber Hobbie (member); Zach Coffin (member); Danielle Freed (member).
As listed on its 2024 return.
Check the source
Every figure on this page is from Kingswood University’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 106787856RR0001), or read how we compute the receipt.