Peoples Ministries

374 Sheppard Ave East
Toronto, ON M2N 3B6
Board Chair: John Steinmann
Secretary: Paulson Ong

Charitable Reg. #:13063 7051 RR0001

STAR RATING

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

[Charity Rating: 1/5]

FINANCIAL TRANSPARENCY

Audited financial statements available only upon request.

F

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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OVERVIEW

About Peoples Ministries :

People's Ministries is a 1-star charity. It has an F in results reporting, meaning it reports very little information about its programs. Before you give, read Charity Intelligence's report.

Peoples Ministries is a Christian charity which funds church programs, television ministry broadcasts, and overseas missionaries. It operates three programs: The Peoples Church, Living Truth, and Global Mission. 

In F2021, The Peoples Church received 56% of program spending. Founded in 1928, the Peoples Church is a Christian faith offering Sunday services, faith groups, and support to parishioners at its church in Toronto. Living Truth (25% of program spending) works to spread the word of God in ways everyone can understand. It does this through television, radio, website, social media, and print. The charity offers free online articles and videos as well as other media for a fee. In F2021, Peoples Ministries worked to share the good news of Jesus by providing 20% of program spending to Global Mission. Through this program, the charity works with 46 mission agencies, supporting 221 missionaries in 38 countries around the world.  

In F2021, Peoples Ministries granted $1.6m to other Canadian charities. In F2020, the largest gifts were received by Tearfund ($403k), Latin America Mission ($398k), and Partners International ($273k).  

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Results and Impact

Charity Intelligence did not find any reported outcomes on the charity’s website. This may not be a complete representation of Peoples Ministries' results.

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Finances

Peoples Ministries received $11.4m in donations in F2021. Administrative costs are 9% of revenues and no fundraising costs were reported. The charity spends 9% on overhead. This means for every dollar donated, 91 cents go towards the cause. This is within Ci’s reasonable range for overhead spending.  

The charity has $5.9m in net funding reserves which could cover program costs for just over ten months. 

This charity profile has been sent to Peoples Ministries for review. Changes and edits may be forthcoming.  

Updated on July 6, 2022 by Emma Saganowich.  

Financial Review


Financial Ratios

Fiscal year ending August
202120202019
Administrative costs as % of revenues 8.7%20.9%8.5%
Fundraising costs as % of donations 0.0%0.2%0.2%
Total overhead spending 8.7%21.0%8.6%
Program cost coverage (%) 88.3%47.6%19.4%

Summary Financial Statements

All figures in $000s
202120202019
Donations 11,37810,19811,926
Government funding 02590
Business activities (net) 01976
Investment income 24220
Total revenues 11,40210,49812,002
Program costs 5,0594,4816,955
Grants 1,6322,2172,150
Administrative costs 9952,1871,018
Fundraising costs 01518
Total spending 7,6858,90010,140
Cash flow from operations 3,7171,5981,861
Capital spending 59693122
Funding reserves 5,9113,2831,868

Note: Ci used government funding, interest income, and business activities as reported on the charity’s T3010 filing with the CRA. Business activities revenue is presented gross due to limited information regarding related expenses. Gifts to qualified donees are as reported as in the T3010 filing. Ci used the charity’s T3010 filing to break down program, administrative, and fundraising costs. Ci removed amortization from program costs. 

Salary Information

Full-time staff: 37

Avg. compensation: $73,610

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
1
$80k - $120k
6
$40k - $80k
3
< $40k
0

Information from most recent CRA Charities Directorate filings for F2021

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.thepeopleschurch.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416 222-3341

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Charitable Registration Number: 80340 7956 RR0001