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Manitoba · Registered charity

WAVES OF HOPE INC.

WAVES OF HOPE INC. (Manitoba) receives grants from 3 organizations whose Canada Revenue Agency filings report C$2,561 to it, the largest being THE BRANDON AREA COMMUNITY FOUNDATION INC. (C$2,200). 1 of them have funded it in more than one year, and 86% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

C$19k
Revenue FY2024
3
Funders on record
C$3k
Grants received
C$53k
Net assets
1/3 repeat funderspeak grant-dependency 7%

Against its field

WAVES OF HOPE INC. runs a healthier operating margin than half of the 712 core health care nonprofits its size.

Operating margin12% · above the median
Revenue growth (annualized)−13% · below the median

this organization peer median middle 50% of peers· 712 core health care nonprofits under $100k, 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$51k) Expenses 100 (C$83k)2018 Revenue 48 (C$25k) Expenses 38 (C$31k)2019 Revenue 67 (C$34k) Expenses 32 (C$26k) Net assets 100 (C$74k)2020 Revenue 29 (C$15k) Expenses 20 (C$16k) Net assets 98 (C$72k)2021 Revenue 27 (C$14k) Expenses 15 (C$12k)2022 Revenue 13 (C$7k) Expenses 29 (C$24k)2023 Revenue 34 (C$18k) Expenses 28 (C$23k) Net assets 69 (C$51k)2024 Revenue 37 (C$19k) Expenses 20 (C$16k) Net assets 72 (C$53k)
'17'18'19'20'21'22'23'24
Revenue (37)Expenses (20)Net assets (72)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

25% of WAVES OF HOPE INC.’s revenue is contributions — more earned-revenue than three-quarters of its peers (82% for the typical peer).

This organization
Typical peer · 809 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−C$31k
’17
−C$7k
’18
C$8k
’19
−C$1k
’20
C$2k
’21
−C$18k
’22
−C$6k
’23
C$2k
’24
28
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income held at C$500.

Funder
'17
'18
'19
'21
'22
'23
total
C$315
funders
1
1
2
1
1
1

From the CRA filings of WAVES OF HOPE INC.’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

WAVES OF HOPE INC. leans on a few funders — its largest provides 86% of grant income and the top three 100%; 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 WAVES OF HOPE INC..

86%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 87% · 2021 100% · 2022 100% · 2023 100% — 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.

Where its funders are

86% of WAVES OF HOPE INC.'s grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the C$361 that is directly attributable, 100% of it comes from funders outside Manitoba, across 1 region.

Funder regions come from each funder’s own filing. C$2k 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.

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.

Organizations like WAVES 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 Manitoba

Nationally

04Profile & governance

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

Where the money goes

68% of spending goes to programs.

Program 68%Management 32%Fundraising 0%

Governance

6
board members

Questions and answers

Who funds WAVES OF HOPE INC.?
WAVES OF HOPE INC. (Manitoba) receives grants from 3 organizations whose Canada Revenue Agency filings report C$2,561 to it, the largest being THE BRANDON AREA COMMUNITY FOUNDATION INC. (C$2,200). 1 of them have funded it in more than one year, and 86% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does WAVES OF HOPE INC. have?
Canada Revenue Agency filings report 3 organizations giving C$2,561 in grants to WAVES OF HOPE INC., 1 of which have funded it in more than one year.
Who is the largest funder of WAVES OF HOPE INC.?
THE BRANDON AREA COMMUNITY FOUNDATION INC. is the largest funder on record, with C$2,200 in grants. The full list of funders is on this page.
How can an organization like WAVES OF HOPE INC. find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Manitoba.

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 3 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