Ontario · Registered charity
MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES OF CANADA
MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES OF CANADA (Ontario) receives grants from 61 organizations whose Canada Revenue Agency filings report C$183,355,868 to it, the largest being Mastercard Foundation (C$170,758,831). 47 of them have funded it in more than one year.
- Revenue FY2024
- C$44M
- Funders on record
- 61
- Grants received
- C$183M
- Net assets
- C$131M
What Mennonite Economic Development Associates of Canada does
Ongoing programs
MEDA (Mennonite Economic Development Associates of Canada) has been implementing effective market-driven programs globally since 1953. MEDA Canada combines innovative financial and technical expertise to build and enhance sustainable agri-food systems that provide decent work for people living in poverty with a focus on systemically marginalized communities including women and youth. Our core expertise lies in market systems environmental sustainability and climate action gender equality and social inclusion inclusive financial services and impact investment. MEDA Canada works with local private public and civil society actors strengthening individuals institutions communities and ecosystems and thereby contributing to sustainable and inclusive systemic change. MEDA Canada has 11 active projects throughout the Global South and emerging economies. Because of our market-based approach on average our projects yield an economic impact five times the value of the projects’ original costs. While MEDA’s primary focus is poverty relief through economic development by 'creating business solutions to poverty ' our Constituent Engagement activities remain essential…
As stated on its FY2024 T3010.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from C$88M to C$176M (+99%).
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.
Government-grant reliance: 2017 71% · 2018 76% · 2019 76% · 2020 80% · 2021 72% · 2022 70% · 2023 52% · 2024 56%. Grants only. Government contracts and fees sit inside program revenue.
75% of MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES OF CANADA’s revenue is contributions — more reliant on donations than three-quarters of its peers (2% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 29 funders to 31 funders, grant income rose C$1.8M → C$101M.
From the CRA filings of MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES OF CANADA’s funders (the co-funder graph). Top 30 of 61 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
MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES OF CANADA leans on a few funders — its largest provides 93% of grant income and the top three 97%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder 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 MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES OF CANADA.
Largest funder’s share by year: 2017 43% · 2018 39% · 2019 54% · 2020 55% · 2021 43% · 2022 98% · 2023 99% — 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
71% of MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES OF CANADA's funders are still giving 3 years after their first grant; 77% give in more than one year at all.
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
94% of MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES OF CANADA's grant income comes from Ontario funders.
In-province vs out-of-province, by year
Funder regions come from each funder’s own filing. C$136k 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.
Against its field
MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES OF CANADA holds deeper cash reserves than three-quarters of the 559 organizations relieving poverty nonprofits its size.
this organization peer median middle 50% of peers· 559 organizations relieving poverty nonprofits $10M–$100M, FY2024
Government revenue MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES OF CANADA reports
Federal, provincial and municipal funding on the organization’s own T3010 return.
- 56% of FY2024 revenue
- As filed, not traced to an award
Organizations like MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES OF CANADA
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
Read directly from this organization’s own T3010 return, as neutral context.
Where the money goes
84% of spending goes to programs.
Governance
Questions and answers
- Who funds MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES OF CANADA?
- MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES OF CANADA (Ontario) receives grants from 61 organizations whose Canada Revenue Agency filings report C$183,355,868 to it, the largest being Mastercard Foundation (C$170,758,831). 47 of them have funded it in more than one year.
- How many funders does MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES OF CANADA have?
- Canada Revenue Agency filings report 61 organizations giving C$183,355,868 in grants to MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES OF CANADA, 47 of which have funded it in more than one year.
- Who is the largest funder of MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES OF CANADA?
- Mastercard Foundation is the largest funder on record, with C$170,758,831 in grants. The full list of funders is on this page.
- How can an organization like MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES OF CANADA 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 61 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 October 14, 2026. What this page cannot tell you · View the T3010 on the CRA register