New York Theological Education (canada) Center Inc.
Publicly funded institution · Markham, Ontario · BN 892001603RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-09-30. Split of total expenditures ($435,280) as filed with the CRA.
New York Theological Education (canada) Center Inc. is a charitable organization based in Markham, Ontario, 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 September 30, 2024, it reported $233K in revenue and $435K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 52% from donations, 10% from other charities. In 2024, 14 other registered charities reported granting it a combined $30K.
Compared with 1,540 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 42% of peers. Its highest-paid position fell in the $120,000–159,999 range.
Revenue has grown substantially over its filings on record here, from $132K in 2020 to $233K in 2024. Its filed list of directors and trustees shows 7 names.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $233K | $435K | $363K | $27K | — | -$916K |
| 2023 | $620K | $990K | $359K | $25K | — | -$714K |
| 2022 | $359K | $438K | $357K | $19K | — | -$902K |
| 2021 | $231K | $376K | $331K | — | — | -$820K |
| 2020 | $132K | $303K | $267K | $747 | — | -$691K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $30K from 14 charities:
- Canadahelps Canadon$6,037
- PayPal Giving Fund Canada$5,275
- Toronto Community Alliance Church of The Christian and Missionary Alliance in Canada$4,000
- BenefAction Foundation$3,600
- Markham Chinese Baptist Church$3,500
- Chinese Gospel Broadcasting Centre of Canada$2,400
- Canadian Online Giving Foundation$1,325
- Stouffville Grace Baptist Church$1,000
- Alliance Chrétienne et missionnaire au Québec$1,000
- Ezra Discipleship Ministry$500
- The Church of The Torontonians$500
- Stone Bridge Baptist Church$500
- Calgary Chinese Alliance Church$350
- Toronto Chinese Methodist Church$300
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $120,000–159,9991 position
- $40,000–79,9991 position
- $1–39,9993 positions
- Total compensation, all staff$290K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Hubert Poon Tak Wu (chairman); Albert NG (secretary); Gary Lau (director); Ronald Lynn (director); Raymond Cheng (director); Tony Chung Sing Chan (director); Tang Dave (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from New York Theological Education (canada) Center Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 892001603RR0001), or read how we compute the receipt.