Magnificat Charismatic Prayer Community
Charitable organization · Queensville, Ontario · BN 866751548RR0001 · Christianity · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($73,911) as filed with the CRA.
Magnificat Charismatic Prayer Community is a charitable organization based in Queensville, Ontario, classified by the CRA under christianity. In its fiscal year ending December 31, 2024, it reported $67K in revenue and $74K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 58% 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 3% of peers.
It reported gifts to 1 qualified donee totalling $504 in 2024, the largest being $504 to Chalice (Canada).
In its own words
1. Maintenance and upkeep of a religious and spiritual place. 2. Marriage enrichment retreats for couples retreats for single women youth retreats; 3. Seminars life in the spirit growth in the spirit discipleship and apostleship; 3. Seminars life in the spirit growth in the spirit discipleship and apostleship; 4. Intercession groups - prayers for physical and spiritual healing house/hospital visitation; 5. Eucharistic celebration with healing services; 6. Prayer meetings - praise and worship devotions to the blessed mary and divine mercy; 7. Fellowship/family gathering to promote fam…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $67K | $74K | $1,381 | — | — | $984K |
| 2023 | $89K | $108K | $1,066 | $19K | — | $1M |
| 2022 | $111K | $78K | $486 | — | $474 | $1.1M |
| 2021 | $107K | $72K | — | $2,859 | $444 | $1.1M |
| 2020 | $63K | $80K | — | $2,859 | $444 | $1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $504 to 1 qualified donee:
- Chalice (Canada)$504
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from Magnificat Charismatic Prayer Community’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 866751548RR0001), or read how we compute the receipt.