The First Korean Presbyterian Church of Toronto
Charitable organization · Downsview, Ontario · BN 107386864RR0001 · Christianity
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($184,404) as filed with the CRA.
The First Korean Presbyterian Church of Toronto is a charitable organization based in Downsview, Ontario, classified by the CRA under christianity. In its fiscal year ending December 31, 2024, it reported $151K in revenue and $184K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 76% from donations.
Compared with 14,125 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 84% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group. Its highest-paid position fell in the $40,000–79,999 range. The charity reported 1 permanent full-time position.
Its filed list of directors and trustees shows 3 names.
In its own words
Sundsy service sunday school prayer meeting music service christian education charitable and missionary activities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $151K | $184K | $183K | — | — | $2.5M |
| 2023 | $152K | $186K | $185K | — | — | $2.6M |
| 2022 | $268K | $194K | $193K | — | — | $2.6M |
| 2021 | $132K | $148K | — | — | — | $2.5M |
| 2020 | $147K | $163K | $162K | — | — | $2.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9991 position
- Permanent full-time positions1
- Total compensation, all staff$92K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Tae Yong Kim (secretary); Jin Young Lee (director); Myong-Hyun Ro (treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from The First Korean Presbyterian Church of Toronto’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 107386864RR0001), or read how we compute the receipt.