Olds Church of the Nazarene
Charitable organization · Olds, Alberta · BN 107794141RR0001 · Christianity · website
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($167,355) as filed with the CRA.
Olds Church of the Nazarene is a charitable organization based in Olds, Alberta, classified by the CRA under christianity. In its fiscal year ending April 30, 2024, it reported $151K in revenue and $167K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 100% from donations. In 2024, 2 other registered charities reported granting it a combined $5,121.
Compared with 14,125 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 81% of peers. Its highest-paid position fell in the $40,000–79,999 range. The charity reported 1 permanent full-time position.
It reported gifts to 2 qualified donees totalling $21K in 2024, the largest being $12K to Church of the Nazarene Canada.
In its own words
We conduct worship and praise services weekly we provide spiritual care and care for the church community. We provide sunday school classes for children youth and adults weekly. We conduct regular youth minstry activities. We donate funds to denominational headquarters for overseas mission activities and for compassion ministries overseas.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $151K | $167K | $141K | — | $25K | $935K |
| 2023 | $171K | $152K | $128K | — | $23K | $951K |
| 2022 | $140K | $144K | $132K | — | $13K | $938K |
| 2021 | $132K | $127K | $115K | — | $12K | $943K |
| 2020 | $150K | $144K | — | — | $14K | $939K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $21K to 2 qualified donees:
Received $5,121 from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9991 position
- Permanent full-time positions1
- Total compensation, all staff$67K
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 Olds Church of the Nazarene’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 107794141RR0001), or read how we compute the receipt.