Mugungwha Homes
Charitable organization · Toronto, Ontario · BN 866145303RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($34,665) as filed with the CRA.
Mugungwha Homes is a charitable organization based in Toronto, Ontario, classified by the CRA under organizations relieving poverty. In its fiscal year ending December 31, 2024, it reported $370 in revenue and $35K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 100% from donations.
Compared with 2,855 poverty-relief charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 23% of peers.
It reported gifts to 1 qualified donee totalling $4,000 in 2024, the largest being $4,000 to AHN Neong Church. Revenue has declined over its filings on record here, from $75K in 2020 to $370 in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
To provide funding to related not-for-profit corporation for the purposes of operating a nursing home licensed under the nursing home act r.s.o 1990 c.n.7to provide funding to a church primarily oriented toward korean seniors in a nursing home environment
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $370 | $35K | $21K | — | $4,000 | $60K |
| 2023 | $27K | $54K | $38K | — | $4,000 | $94K |
| 2022 | $56K | $71K | $27K | — | $4,000 | $120K |
| 2021 | $49K | $67K | $59K | — | — | $135K |
| 2020 | $75K | $74K | $64K | — | — | $153K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $4,000 to 1 qualified donee:
- AHN Neong Church$4,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Moon Yoon (president); Haejeong Kang (secretary); Jaewon Byun (vice president); Jae Yun Choo (director); Daniel Yoon (treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from Mugungwha Homes’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 866145303RR0001), or read how we compute the receipt.