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Ontario · Registered charity

MASTER'S COLLEGE AND SEMINARY

MASTER'S COLLEGE AND SEMINARY (Ontario) receives grants from 167 organizations whose Canada Revenue Agency filings report C$9,413,376 to it, the largest being WESTERN ONTARIO DISTRICT OF THE PENTECOSTAL ASSEMBLIES OF CANADA (C$3,511,160). 122 of them have funded it in more than one year.

C$3.3M
Revenue FY2024
167
Funders on record
C$9.4M
Grants received
C$779k
Net assets
122/167 repeat funderspeak grant-dependency 41%

Against its field

MASTER'S COLLEGE AND SEMINARY's funding has concentrated — grant income rose while the number of funders held roughly flat.

Operating margin−8% · bottom quartile
Months of reserve1.9mo · below the median
Revenue growth (annualized)−1% · bottom quartile

this organization peer median middle 50% of peers· 1,019 teaching institutions 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$3.5M) Expenses 100 (C$3.6M) Net assets -1580 (C$-109775)2018 Revenue 109 (C$3.8M) Expenses 101 (C$3.7M) Net assets 100 (C$7k)2019 Revenue 112 (C$3.9M) Expenses 109 (C$3.9M) Net assets 2889 (C$201k)2020 Revenue 116 (C$4.0M) Expenses 109 (C$4.0M) Net assets 676 (C$47k)2021 Revenue 136 (C$4.7M) Expenses 95 (C$3.5M) Net assets 18955 (C$1.3M)2022 Revenue 124 (C$4.3M) Expenses 109 (C$3.9M) Net assets 24066 (C$1.7M)2023 Revenue 95 (C$3.3M) Expenses 109 (C$3.9M) Net assets 14941 (C$1.0M)2024 Revenue 94 (C$3.3M) Expenses 97 (C$3.5M) Net assets 11215 (C$779k)
'17'18'19'20'21'22'23'24
Revenue (94)Expenses (97)Net assets (11215)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: 2020 5% · 2021 26% · 2022 19%. Grants only. Government contracts and fees sit inside program revenue.

49% of MASTER'S COLLEGE AND SEMINARY’s revenue is contributions — more reliant on donations than three-quarters of its peers (12% for the typical peer).

This organization
Typical peer · 821 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−C$154k
’17
C$117k
’18
−C$49k
’19
C$89k
’20
C$1.3M
’21
C$355k
’22
−C$634k
’23
−C$259k
’24
1.9
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 91 funders to 89 funders, grant income rose C$1.2M → C$1.2M.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
total
OneChurch.tounclassified
C$571k
C$222k
C$206k
C$96k
C$70k
LakePoint Churchunclassified
C$63k
Parkview Churchunclassified
C$43k
C$35k
C$34k
North City Churchunclassified
C$29k
funders
91
99
92
89
90
89
89
77

From the CRA filings of MASTER'S COLLEGE AND SEMINARY’s funders (the co-funder graph). Top 30 of 167 funders by total. 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

MASTER'S COLLEGE AND SEMINARY leans on a few funders — its largest provides 37% of grant income and the top three 67%; 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 MASTER'S COLLEGE AND SEMINARY.

37%
largest funder
67%
top three
~5
effective funders

Largest funder’s share by year: 2017 38% · 2018 34% · 2019 41% · 2020 37% · 2021 42% · 2022 17% · 2023 39% — broadly stable.

“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

57% of MASTER'S COLLEGE AND SEMINARY's funders are still giving 3 years after their first grant; 73% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

96% of MASTER'S COLLEGE AND SEMINARY'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. 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 167 funders put you well-backed 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 MASTER'S COLLEGE AND SEMINARY reports

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

FY2022C$814k
20
21
22
  • 19% of FY2022 revenue
  • As filed, not traced to an award

Organizations like MASTER'S COLLEGE AND SEMINARY

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

91% of spending goes to programs.

Program 91%Management 7%Fundraising 2%

Governance

12
board members

Questions and answers

Who funds MASTER'S COLLEGE AND SEMINARY?
MASTER'S COLLEGE AND SEMINARY (Ontario) receives grants from 167 organizations whose Canada Revenue Agency filings report C$9,413,376 to it, the largest being WESTERN ONTARIO DISTRICT OF THE PENTECOSTAL ASSEMBLIES OF CANADA (C$3,511,160). 122 of them have funded it in more than one year.
How many funders does MASTER'S COLLEGE AND SEMINARY have?
Canada Revenue Agency filings report 167 organizations giving C$9,413,376 in grants to MASTER'S COLLEGE AND SEMINARY, 122 of which have funded it in more than one year.
Who is the largest funder of MASTER'S COLLEGE AND SEMINARY?
WESTERN ONTARIO DISTRICT OF THE PENTECOSTAL ASSEMBLIES OF CANADA is the largest funder on record, with C$3,511,160 in grants. The full list of funders is on this page.
How can an organization like MASTER'S COLLEGE AND SEMINARY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ontario.

Play a game about who funds Master's College and Seminary →

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 167 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