The First Toronto Korean Methodist Church
Charitable organization · Toronto, Ontario · BN 899139844RR0001 · Christianity
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($67,369) as filed with the CRA.
The First Toronto Korean Methodist Church is a charitable organization based in Toronto, Ontario, classified by the CRA under christianity. In its fiscal year ending December 31, 2024, it reported $53K in revenue and $67K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 99% 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 33% of peers. None of its ten highest-paid positions cleared $40,000. The charity reported 1 permanent full-time position.
Its filed list of directors and trustees shows 2 names.
In its own words
Worship services bible classes gospel mission support fellowship services
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $53K | $67K | $54K | — | — | $9,132 |
| 2023 | $79K | $72K | $59K | — | — | $24K |
| 2022 | $78K | $80K | $65K | — | — | $16K |
| 2021 | $85K | $73K | $65K | — | — | $18K |
| 2020 | $73K | $69K | $58K | — | — | $9,203 |
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:
- $1–39,9991 position
- Permanent full-time positions1
- Total compensation, all staff$27K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Kwon Namkung (pastor); Jin Young Namgoong (treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from The First Toronto Korean Methodist Church’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 899139844RR0001), or read how we compute the receipt.