Peoples Ministries Inc.
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔
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
Fiscal year ending August
|
2024 | 2023 | 2022 |
---|---|---|---|
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 StatementsAll figures in $000s |
2024 | 2023 | 2022 |
---|---|---|---|
Donations | 9,744 | 9,679 | 9,578 |
International donations | 62 | 14 | 0 |
Government funding | 62 | 47 | 0 |
Business activities (net) | 0 | 4 | 0 |
Investment income | 100 | 86 | 38 |
Other income | 594 | 103 | 1,021 |
Total revenues | 10,561 | 9,933 | 10,637 |
Program costs | 7,617 | 6,703 | 5,995 |
Grants | 1,703 | 1,706 | 1,100 |
Administrative costs | 889 | 908 | 941 |
Fundraising costs | 0 | 0 | 0 |
Total spending | 10,209 | 9,317 | 8,036 |
Cash flow from operations | 353 | 616 | 2,601 |
Capital spending | 775 | 3,427 | 2,425 |
Funding reserves | 2,368 | 2,063 | 5,310 |
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
$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:
Charity Contact
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