“Our aim in this is to show that our conduct in dealing with these substantial sums is above reproach; for we take pains to do what is right not only in the sight of God but also in the sight of other people.”
2 Corinthians 8:20–21 CJB
Power to Change Ministries received an ‘A’ rating in Fundraising Efficiency from MoneySense in their 2017 Charity Grades due to our 8% spending on fundraising. In an effort to commit as much of donor funds as possible to ministry programs, we keep our administration costs under 4%.
2017 Financials
Revenue
| Contributions (87.3%) | $33,757,192 | |
| Conference Registrations (5.2%) | $2,027,293 | |
| Sales of Literature and Materials (1.1%) | $409,780 | |
| Grants (2.9%) | $1,129,388 | |
| Other (2.8%) | $1,080,385 | |
| Gift in Kind Contributions (0.6%) | $227,844 | |
| Investment Income (<0.1%) | $18,595 | |
| Total Revenue: $38,650,477 | ||
| *Consolidated funds including the Global Aid Network (GAiN), the humanitarian partner of P2C. |
Expenses
| Ministry Programs (87.1%) | $33,449,505 | |
| Fundraising (8.3%) | $3,200,124 | |
| Administration (2.9%) | $1,096,907 | |
| Amortization (1.3%) | $505,576 | |
| Interest on long-term debt (0.4%) | $147,821 | |
| Total Expenses:$38,399,933 | ||
| Excess of revenue over expenses: $250,544 |
As a member of Canadian Council of Christian Charities we adhere to their Standards of Integrity and Accountability.