New Covenant Church of Toronto
Charitable organization · Vaughan, Ontario · BN 805140555RR0001 · Christianity
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($44,174) as filed with the CRA.
New Covenant Church of Toronto is a charitable organization based in Vaughan, Ontario, classified by the CRA under christianity. In its fiscal year ending December 31, 2024, it reported $75K in revenue and $44K in expenditures.
Its funding that year was roughly 88% 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 51% of peers. The charity reported 1 permanent full-time position.
It reported gifts to 1 qualified donee totalling $4,000 in 2024, the largest being $4,000 to New Covenant Church of Saskatoon Incorporated. Its filed list of directors and trustees shows 5 names.
In its own words
Regular weekly services on sundays and week days organize community summer bbq & children summer programs holding seminars for youth men and women of faith donations of money food and household items to the needy supporting establishment of new centre within gta and canada including national minister's retreat
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $75K | $44K | $38K | — | $4,000 | $284K |
| 2023 | $79K | $29K | $22K | — | $5,800 | $254K |
| 2022 | $73K | $29K | $22K | — | — | — |
| 2021 | $64K | $16K | $13K | — | — | — |
| 2020 | $57K | $31K | $24K | — | — | — |
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:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Permanent full-time positions1
- Total compensation, all staff$3,097
Schedule 3 of its 2021 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Omolara Popoola (secretary/treasurer); Olusayo Akintola (president); Dimeji Awoyemi (director); Abiola Latunde (director); Kehinde Ayoola-Ola (officer).
As listed on its 2024 return.
Check the source
Every figure on this page is from New Covenant Church of Toronto’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 805140555RR0001), or read how we compute the receipt.