New Hope Pentecostal Fellowship
Charitable organization · Olds, Alberta · BN 867920555RR0001 · Christianity
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($95,247) as filed with the CRA.
New Hope Pentecostal Fellowship is a charitable organization based in Olds, Alberta, classified by the CRA under christianity. In its fiscal year ending December 31, 2024, it reported $85K in revenue and $95K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 89% from donations, 11% from other charities. In 2024, 1 other registered charity reported granting it a combined $9,000.
Compared with 13,471 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 78% of peers.
It reported gifts to 2 qualified donees totalling $8,869 in 2024, the largest being $5,192 to Abnwt District of Pentecostal Assemblies of Canada. Revenue has grown substantially over its filings on record here, from $51K in 2020 to $85K in 2024.
In its own words
To conduct christian services. We minister to the spiritual needs of the congregation and community. We hold sunday church services mid-week prayer meetings christian ministries and outreach to the community.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $85K | $95K | $84K | — | $11K | $230K |
| 2023 | $82K | $68K | $57K | — | $11K | $259K |
| 2022 | $70K | $62K | $52K | — | $9,417 | $245K |
| 2021 | $49K | $49K | $49K | — | $7,924 | $237K |
| 2020 | $51K | $48K | $40K | — | $7,570 | $238K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $8,869 to 2 qualified donees:
- Abnwt District of Pentecostal Assemblies of Canada$5,192
- The Pentecostal Assemblies of Canada/les Assemblees de la Pentecote du Canada$3,677
Received $9,000 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Total compensation, all staff$24K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Check the source
Every figure on this page is from New Hope Pentecostal Fellowship’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 867920555RR0001), or read how we compute the receipt.