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Financial Integrity2020-08-26T09:28:03-07:00

“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

MoneySense "A" grading

Power to Change Ministries received an ‘A’ rating in both Charity and Fundraising Efficiency from MoneySense in their 2018 Charity 100 Guide. This was due to our 8% spending on fundraising and our administration costs being under 3%. Moneysense has not ranked religious charities since 2018. However, both fundraising and overhead as a percentage of revenue are even lower in 2019.

2019 Financials

The following information is taken from our audited financial statements, which are available here.

Revenue

Contributions (90.9%)$36,848,867
Conference Registrations (4.5%)$1,817,192
Sales of Literature and Materials (0.8%)$337,064
Grants* (1.5%)$600,168
Other (1.9%)$786,318
Gift in Kind Contributions (0.3%)$123,779
Investment Income (<0.1%)$16,128
Total Revenue: $40,529,518
*Consolidated funds including the Global Aid Network (GAiN), the humanitarian partner of P2C.

Expenses

Ministry Programs (88.5%)$35,884,810
Fundraising (7.2%)$2,924,596
Administration (2.6%)$1,062,940
Amortization (1.4%)$556,330
Interest on long-term debt (0.3%)$120,693
Total Expenses:$40,549,369
Excess of revenue over expenses: $-19,853
2019 Audited Financial Statement


Canadian Christian Council logoAs a member of Canadian Council of Christian Charities we adhere to their Standards of Integrity and Accountability.