Wah Tak Buddhist Corporation
Charitable organization · Scarborough, Ontario · BN 894781053RR0001 · Other Religions
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($32,171) as filed with the CRA.
Wah Tak Buddhist Corporation is a charitable organization based in Scarborough, Ontario, classified by the CRA under other religions. In its fiscal year ending December 31, 2024, it reported $98K in revenue and $32K in expenditures.
Its funding that year was roughly 89% 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 53% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
It reported gifts to 2 qualified donees totalling $685 in 2024, the largest being $350 to United Way of Greater Toronto. Revenue has grown substantially over its filings on record here, from $33K in 2020 to $98K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
Religious meetings services and classes teaching the Buddhist faith.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $98K | $32K | $30K | — | $685 | $856K |
| 2023 | $71K | $54K | $53K | — | — | $790K |
| 2022 | $72K | $38K | $37K | — | $265 | $773K |
| 2021 | $62K | $40K | $38K | — | $530 | $739K |
| 2020 | $33K | $36K | $34K | — | $480 | $718K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $685 to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Wai Keung Siu (president); Chi Fan Lui (secretary); Karen Wai (treasurer); Oi Yin Koo (manager); Kit Wah Mak (admin officer).
As listed on its 2024 return.
Check the source
Every figure on this page is from Wah Tak Buddhist Corporation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 894781053RR0001), or read how we compute the receipt.