Ontario · Registered charity
RAY OF HOPE INC.
RAY OF HOPE INC. (Ontario) receives grants from 126 organizations whose Canada Revenue Agency filings report C$4,554,425 to it, the largest being BLUE SEA PHILANTHROPY INC. (C$1,274,400). 75 of them have funded it in more than one year.
Against its field
RAY OF HOPE INC. is better cushioned than half of the 550 support of religion nonprofits its size.
this organization peer median middle 50% of peers· 550 support of religion 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.
- Rockway Mennonite Churchlocal
- Trinity Presbyterian Churchportfolio match
- Trek for Teens Foundation Incorporatedportfolio match
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.
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 76% · 2018 68% · 2019 78% · 2020 79% · 2021 75% · 2022 69% · 2023 66% · 2024 78%. Grants only. Government contracts and fees sit inside program revenue.
66% of RAY OF HOPE INC.’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Who funds it, year by year
2017 → 2023: the base narrowed from 53 funders to 49 funders, grant income fell C$455k → C$423k.
From the CRA filings of RAY OF HOPE INC.’s funders (the co-funder graph). Top 30 of 126 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
RAY OF HOPE INC. leans on a few funders — its largest provides 28% of grant income and the top three 66%; 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 RAY OF HOPE INC..
Largest funder’s share by year: 2017 36% · 2018 46% · 2019 71% · 2020 53% · 2021 47% · 2022 42% · 2023 45% — 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
38% of RAY OF HOPE INC.'s funders are still giving 3 years after their first grant; 60% 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 RAY OF HOPE INC.'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$240k 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.
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 126 funders put you typical among the 400 organizations that share them.
- Rockway Mennonite ChurchlocalON · funds 5 organizations near you
- Trinity Presbyterian Churchportfolio matchits grantees resemble your mission
- Trek for Teens Foundation Incorporatedportfolio matchits grantees resemble your mission
- Cornerstone Church-Mennonite Incportfolio matchits grantees resemble your mission
- The Home Depot Canada Foundation Fondation Home Depot Canadaportfolio matchits grantees resemble your mission
- Kings Churchportfolio matchits grantees resemble your mission
- Wagner Hills Farm Societyportfolio matchits grantees resemble your mission
- St Giles Kingsway Presbyteria Churchportfolio matchits grantees resemble your mission
- Willowdale Presbyterian Churchportfolio matchits grantees resemble your mission
- The Lyle Shantz Hallman Charitable Foundationshared funderslocalON · backs 42 organizations that share your funders · funds 16 organizations near you
- The Waterloo-Kitchener United Mennonite ChurchlocalON · funds 7 organizations near you
- Stirling Avenue Mennonite ChurchlocalON · funds 6 organizations near you
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 RAY OF HOPE INC. reports
Federal, provincial and municipal funding on the organization’s own T3010 return.
- 78% of FY2024 revenue
- As filed, not traced to an award
Organizations like RAY OF HOPE INC.
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
93% of spending goes to programs.
Governance
Questions and answers
- Who funds RAY OF HOPE INC.?
- RAY OF HOPE INC. (Ontario) receives grants from 126 organizations whose Canada Revenue Agency filings report C$4,554,425 to it, the largest being BLUE SEA PHILANTHROPY INC. (C$1,274,400). 75 of them have funded it in more than one year.
- How many funders does RAY OF HOPE INC. have?
- Canada Revenue Agency filings report 126 organizations giving C$4,554,425 in grants to RAY OF HOPE INC., 75 of which have funded it in more than one year.
- Who is the largest funder of RAY OF HOPE INC.?
- BLUE SEA PHILANTHROPY INC. is the largest funder on record, with C$1,274,400 in grants. The full list of funders is on this page.
- How can an organization like RAY OF HOPE INC. 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 126 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