Peoples Ministries
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
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
Fiscal year ending August
|
2021 | 2020 | 2019 |
---|---|---|---|
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 StatementsAll figures in $000s |
2021 | 2020 | 2019 |
---|---|---|---|
Donations | 11,378 | 10,198 | 11,926 |
Government funding | 0 | 259 | 0 |
Business activities (net) | 0 | 19 | 76 |
Investment income | 24 | 22 | 0 |
Total revenues | 11,402 | 10,498 | 12,002 |
Program costs | 5,059 | 4,481 | 6,955 |
Grants | 1,632 | 2,217 | 2,150 |
Administrative costs | 995 | 2,187 | 1,018 |
Fundraising costs | 0 | 15 | 18 |
Total spending | 7,685 | 8,900 | 10,140 |
Cash flow from operations | 3,717 | 1,598 | 1,861 |
Capital spending | 596 | 93 | 122 |
Funding reserves | 5,911 | 3,283 | 1,868 |
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
$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:
Charity Contact
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