Way of Peace Ministries
Charitable organization · Toronto, Ontario · BN 861720498RR0001 · Support of Religion
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($55,124) as filed with the CRA.
Way of Peace Ministries is a charitable organization based in Toronto, Ontario, classified by the CRA under support of religion. In its fiscal year ending December 31, 2024, it reported $43K in revenue and $55K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 97% from donations. In 2024, 1 other registered charity reported granting it a combined $972.
Compared with 13,471 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 26% of peers. None of its ten highest-paid positions cleared $40,000.
It reported gifts to 1 qualified donee totalling $11K in 2024, the largest being $11K to Graceworld Ministries. Its filed list of directors and trustees shows 4 names.
In its own words
Missionary organization evangelism religious operating in toronto ontario. Purpose is to advance the religious doctrines and beliefs associated with the christian faith worldwide through such means as literature publications gospel festival and conference leadership training and education. To support and maintain missions and missionaries in order to propagate the christian faith.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $43K | $55K | $27K | — | $11K | $56K |
| 2023 | $63K | $44K | $23K | — | $13K | $68K |
| 2022 | $55K | $48K | $22K | — | $11K | $50K |
| 2021 | $69K | $57K | $48K | — | $1,635 | $41K |
| 2020 | $48K | $59K | $51K | — | — | $29K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $11K to 1 qualified donee:
Received $972 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $1–39,9991 position
- Total compensation, all staff$8,255
Schedule 3 of its 2023 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Peter Youngren (president); Nathan Thurber (treasurer); Taina Youngren (secretary); Amanda Rasheed (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Way of Peace Ministries’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 861720498RR0001), or read how we compute the receipt.