“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 both Charity Efficiency and Fundraising Efficiency from MoneySense in their 2018 Charity 100 Guide. Moneysense has not ranked religious charities since 2018. However, both fundraising and administration costs remain within the ‘A’ ranking as outlined in their 2018 Charity 100 Guide.
2020 Financials
The following information is taken from our audited financial statements, which are available here.
Revenue
| Contributions (85.2%) | $33,911,346 | |
| Conference Registrations (2.3%) | $928,016 | |
| Sales of Literature and Materials (0.6%) | $222,004 | |
| Grants | - | |
| Other (11.6%) | $4,596,422 | |
| Gift in Kind Contributions (0.3%) | $118,147 | |
| Investment Income (<0.1%) | $10,281 | |
| Total Revenue: $39,786,216 |
Expenses
| Ministry Programs (86%) | $32,270,279 | |
| Fundraising (8.3%) | $3,110,855 | |
| Administration (3.8%) | $1,439,856 | |
| Amortization (1.5%) | $579,890 | |
| Interest on long-term debt (0.3%) | $123,036 | |
| Total Expenses:$37,523,916 | ||
| Excess of revenue over expenses: $2,262,300 |
As a member of Canadian Council of Christian Charities we adhere to their Standards of Integrity and Accountability.