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Ontario · Registered charity

FAITH OF LIFE NETWORK

FAITH OF LIFE NETWORK (Ontario) receives grants from 16 organizations whose Canada Revenue Agency filings report C$416,565 to it, the largest being Penny Appeal Canada (C$153,833). 9 of them have funded it in more than one year.

C$3.3M
Revenue FY2024
16
Funders on record
C$417k
Grants received
C$12M
Net assets
9/16 repeat funderspeak grant-dependency 6%

Against its field

FAITH OF LIFE NETWORK runs a healthier operating margin than half of the 83 islam nonprofits its size.

Operating margin27% · above the median
Months of reserve0.4mo · bottom quartile
Revenue growth (annualized)9% · below the median

this organization peer median middle 50% of peers· 83 islam nonprofits $1M–$10M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 (C$1.8M) Expenses 100 (C$1.4M) Net assets 100 (C$4.1M)2018 Revenue 113 (C$2.1M) Expenses 116 (C$1.6M) Net assets 112 (C$4.6M)2019 Revenue 114 (C$2.1M) Expenses 121 (C$1.7M) Net assets 129 (C$5.3M)2020 Revenue 129 (C$2.3M) Expenses 73 (C$1.0M) Net assets 161 (C$6.6M)2021 Revenue 150 (C$2.7M) Expenses 87 (C$1.2M) Net assets 198 (C$8.2M)2022 Revenue 178 (C$3.2M) Expenses 130 (C$1.8M) Net assets 232 (C$9.6M)2023 Revenue 188 (C$3.4M) Expenses 154 (C$2.2M) Net assets 263 (C$11M)2024 Revenue 181 (C$3.3M) Expenses 171 (C$2.4M) Net assets 284 (C$12M)
'17'18'19'20'21'22'23'24
Revenue (181)Expenses (171)Net assets (284)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2020 3% · 2021 2% · 2022 0% · 2023 0% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

98% of FAITH OF LIFE NETWORK’s revenue is contributions — more donation-reliant than the typical peer (87% for the typical peer).

This organization
Typical peer · 84 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

C$414k
’17
C$431k
’18
C$383k
’19
C$1.3M
’20
C$1.5M
’21
C$1.4M
’22
C$1.3M
’23
C$898k
’24
0.4
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 9 funders, grant income rose C$4k → C$137k.

From the CRA filings of FAITH OF LIFE NETWORK’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

How concentrated its funding is

FAITH OF LIFE NETWORK leans on a few funders — its largest provides 37% of grant income and the top three 75%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FAITH OF LIFE NETWORK.

37%
largest funder
75%
top three
~4
effective funders

Largest funder’s share by year: 2017 69% · 2018 48% · 2019 81% · 2020 75% · 2021 61% · 2022 59% · 2023 75% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

How long its funders stay

44% of FAITH OF LIFE NETWORK's funders are still giving 3 years after their first grant; 56% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

92% of FAITH OF LIFE NETWORK's grant income comes from Ontario funders.

In-province vs out-of-province, by year

’17
’18
’19
’20
’21
’22
’23
Ontario out of province

Funder regions come from each funder’s own filing. C$1k arriving through sponsors registered in 1 region is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 16 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government revenue FAITH OF LIFE NETWORK reports

Federal, provincial and municipal funding on the organization’s own T3010 return.

FY2024C$14k
17
20
21
22
23
24
  • 0% of FY2024 revenue
  • As filed, not traced to an award

Organizations like FAITH OF LIFE NETWORK

Organizations whose mission and program text most resemble this one, by semantic similarity over every charity on the CRA register — the closest peers, and often the clearest route to shared or prospective funders.

In Ontario

Nationally

04Profile & governance

Read directly from this organization’s own T3010 return, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 21%Fundraising 1%

Governance

12
board members

Questions and answers

Who funds FAITH OF LIFE NETWORK?
FAITH OF LIFE NETWORK (Ontario) receives grants from 16 organizations whose Canada Revenue Agency filings report C$416,565 to it, the largest being Penny Appeal Canada (C$153,833). 9 of them have funded it in more than one year.
How many funders does FAITH OF LIFE NETWORK have?
Canada Revenue Agency filings report 16 organizations giving C$416,565 in grants to FAITH OF LIFE NETWORK, 9 of which have funded it in more than one year.
Who is the largest funder of FAITH OF LIFE NETWORK?
Penny Appeal Canada is the largest funder on record, with C$153,833 in grants. The full list of funders is on this page.
How can an organization like FAITH OF LIFE NETWORK find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ontario.

These figures are read directly from the CRA's published T3010 data: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 16 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported September 23, 2026. What this page cannot tell you · View the T3010 on the CRA register