Verity Community Church
Charitable organization · Waterloo, Ontario · BN 735595332RR0001 · Christianity · website
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($1,760,625) as filed with the CRA.
Verity Community Church is a charitable organization based in Waterloo, Ontario, classified by the CRA under christianity. In its fiscal year ending June 30, 2024, it reported $480K in revenue and $1.8M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 71% from donations, 7% from government. In 2024, 2 other registered charities reported granting it a combined $9,226.
Compared with 14,125 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 1% of peers. Its highest-paid positions fell in the $40,000–79,999 range (2 positions in that band). The charity reported 2 permanent full-time positions.
It reported gifts to 7 qualified donees totalling $25K in 2024, the largest being $14K to Evangelical Missionary Church of Canada. Its filed list of directors and trustees shows 6 names.
In its own words
1. Holding weekly public services for worship and prayer. 2. Providing religious instruction and eucation for all ages. 3. Providing pastoral and compassionate care for those in need. 4. Alleviating distress and poverty in the community by responding to needs in a practical way. 5. Proving grants to other registered charities with similar objectives. 6. Carrying out missions projects through direct involvement and through agency relationships 7. Periodic podcast and domestic outreach program.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2021–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $480K | $1.8M | — | — | $22K | $0 |
| 2023 | $1.9M | $1.9M | $1.8M | — | $26K | $2.3M |
| 2022 | $442K | $442K | $399K | — | $13K | $1.6M |
| 2021 | — | — | — | — | — | — |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $25K to 7 qualified donees:
Received $9,226 from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9992 positions
- Permanent full-time positions2
- Total compensation, all staff$169K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
David Thomson (director); Ricardo Moreno (director); Steve Wiseman (director); Matthew Macgregor (director); Kerry Petker (director); David McLimont (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Verity Community Church’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 735595332RR0001), or read how we compute the receipt.