Peoples Ministries Inc.

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

Most recent Audited financial statements available on the charity’s website.

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.

92%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 92 cents are available for programs.



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OVERVIEW

About Peoples Ministries Inc.:

Peoples Ministries is a 1-star charity. It has an F Results Reporting grade, which is below average. The charity’s overhead spending is 8%, within Ci’s reasonable range, although it reports no fundraising costs. Its reserve funds can cover three months of annual program costs, within Ci’s reasonable limit. Before you give, please read Charity Intelligence’s report.

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

In F2024, The Peoples Church received 53% of program spending. Founded in 1928, the Peoples Church offers Sunday services, faith groups, and support to parishioners at its church in Toronto.

Global Mission received 28% of program spending. Its Peoples House is a ministry that offers a caring community and practical support to refugees who have arrived in Canada. Since opening in 2016, the charity reports that the Peoples House has welcomed over 350 residents from 48 countries, with almost one third being children.

Living Truth received 18% of program spending. It works to spread the word of God in a comprehensive way through television, radio, social media, and print. The charity offers free online articles and videos, as well as media for subscribers. The charity announced that Living Truth’s television broadcast and printed devotional mailings will stop as of August 31, 2025. The charity reports that Living Truth will continue to be available digitally.

In F2024, Peoples Ministries granted $1.7m to other Canadian charities. In F2024, the largest gifts were received by Partners International Canada ($274k), Canadian National Christian Foundation ($272k), SIM Canada ($175k), and IAFR Canada ($101k).

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Results and Impact

Charity Intelligence did not find any reported outcomes on the charity’s website.

Peoples Ministries is not yet rated on impact (n/r), which does not affect its star rating.

This may not be a complete representation of Peoples Ministries’ results and impact.

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Finances

Peoples Ministries’ audited financial statements use line-item costing, which is not a best practice.

Peoples Ministries received $9.7m in Canadian donations in F2024. The charity reported $100k in investment income and $62k in international donations in F2024.

Administrative costs were $889k, which is 8% of revenue (less investment income). The charity did not report fundraising costs in F2024. The charity’s overhead costs were 8%. This means for every dollar donated, 92 cents are available to go towards the cause. This is within Ci’s reasonable range for overhead spending.

In F2024, the charity had $2.4m in funding reserves. This can cover 25%, or three months of annual program costs.

Profile updated by Leah Holmes on July 24, 2025. This charity report is an update that has been sent to the charity for review. Comments and corrections may be forthcoming.

Financial Review


Financial Ratios

Fiscal year ending August
202420232022
Administrative costs as % of revenues 8.5%9.2%8.9%
Fundraising costs as % of donations 0.0%0.0%0.0%
Total overhead spending 8.5%9.2%8.9%
Program cost coverage (%) 25.4%24.5%74.8%

Summary Financial Statements

All figures in $000s
202420232022
Donations 9,7449,6799,578
International donations 62140
Government funding 62470
Business activities (net) 040
Investment income 1008638
Other income 5941031,021
Total revenues 10,5619,93310,637
Program costs 7,6176,7035,995
Grants 1,7031,7061,100
Administrative costs 889908941
Fundraising costs 000
Total spending 10,2099,3178,036
Cash flow from operations 3536162,601
Capital spending 7753,4272,425
Funding reserves 2,3682,0635,310

Note: Ci included government funding, investment income, international donations, and other revenue as reported on the charity’s T3010 filing with the CRA. Gifts to qualified donees are as reported on the T3010. Ci used the T3010 filing to break down program, administrative, and fundraising costs. Ci removed amortization from program costs. Ci adjusted for deferred missions revenue, affecting revenue by ($313k) in F2024, ($318k) in F2023, and $418k in F2022. Ci adjusted for deferred benevolent revenue, affecting revenue by $42k in F2024, ($148k) in F2023, and $38k in F2022. Ci adjusted for deferred capital contributions, affecting revenues by ($91k) in F2024, ($122k) in F2023, and ($149k) in F2022.

Salary Information

Full-time staff: 36

Avg. compensation: $89,546

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
1
$80k - $120k
0
$40k - $80k
9
< $40k
0

Information from most recent CRA Charities Directorate filings for F2024

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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