The Meeting House

2700 Bristol Circle
Oakville, ON L6H 6E1

Charitable Reg. #:85668 4543 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

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✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

C

RESULTS REPORTING

Grade based on the charity's public reporting of the work it does and the results it achieves.

n/r

DEMONSTRATED IMPACT

The demonstrated impact per dollar Ci calculates from available program information.

NEED FOR FUNDING

Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.

91%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 91 cents are available for programs.

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Programs

About The Meeting House:

Founded in 1985 as Upper Oaks Community Church, The Meeting House Church Family (MHCF) is a Christian church. MHCF is part of Be in Christ Church of Canada, a branch of the international Brethren in Christ or BIC Churches. MHCF works to follow “Jesus’ irreligious message,” without the rules and rituals it attributes to organized religions. The main facility is in Oakville and there are 18 additional locations in Ontario.

Sermons delivered in Oakville are videotaped and edited before being made available to the regional sites. On Sunday mornings, the regional sites show a recently taped sermon at a commercial movie theatre. Children and adult church members are then separated into smaller groups to receive age-appropriate teachings delivered by pastors and volunteers.

Sunday teachings are further discussed by MHCF followers in meetings called Home Church. These meetings are hosted in followers’ homes and may be for adults only or provide care for children. Members are welcome to attend any of the numerous Home Church groups listed on the MHCF website.

MHCF operates a compassion fund which grants money to local and global charities working for peace, dealing with poverty, and spreading Christian messages. In F2018, MHCF granted $1.2 million to 54 registered Canadian charities. The largest amounts granted were: $486k to Be in Christ Church of Canada, $319 to Mennonite Central Committee Ontario, and $100k to World Vision Canada.

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Results and Impact

In F2018, The Meeting House Church Family reports baptizing over 30 leaders and students in Ontario. As with other BIC Churches, individuals baptized by MHCF are fully submerged to represent a believer’s submission to Jesus Christ.

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Finances

The Meeting House Church Family is a large charity, with donations of $10.8m in F2018. Fundraising and administrative costs are 9% of revenues. For every $1 donated, 91 cents go to the cause, which is within Ci’s reasonable range for overhead spending.

MHCF has $3.4m in funding reserves but holds $4.6m in interest-bearing debts. At maturity in May 2019 and June 2019, the debts are intended to be refinanced. This debt produces a negative cost coverage ratio. Excluding interest-bearing debts, MHCF could cover program costs for four months using funding reserves.

This charity report is a new profile that has been sent to The Meeting House Church Family for review.

Created on May 21, 2019 by Madison Kerr.

Financial Review


Financial Ratios

Fiscal year ending June
201820172016
Fundraising & admin costs as % of revenues 8.9%9.7%10.6%
Program cost coverage (%) (12.9%)(17.7%)(22.5%)

Summary Financial Statements

All figures in $000s
201820172016
Donations 10,82110,4409,696
Business activities (net) 467352391
Investment income 221217
Other income 1025877
Total revenues 11,41210,86210,181
Program costs 8,4877,8397,491
Grants 9721,0711,674
Fundraising & administrative costs 1,0141,0471,077
Other costs 177179189
Total spending 10,65110,13610,429
Cash flow from operations 761726(249)
Funding reserves (1,222)(1,581)(2,066)

Note: Ci presents business activities income net of expenses, affecting revenues and expenses by ($249k) in F2018, ($237k) in F2017, and ($239k) in F2016. Property fund – gain on disposal of property and equipment was removed, affecting revenues by ($16k) in F2017, ($23k) in F2017, and ($9k) in F2016. Grants have been removed from program expenses and presented separately based on T3010 data filed with the CRA. 

Salary Information

Full-time staff: 73

Avg. Compensation $77,075

Top 10 staff salary range

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
3
$80k - $120k
7
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2018

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Comments & Contact

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Charity Contact

Website: www.themeetinghouse.com
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