MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES OF CANADA
Charitable organizationOrganizations relieving poverty·2 - 595 PARKSIDE DR · WATERLOO, ON · N2L 0C7·BN 107691057RR0001·website ↗
Last reported: F2024 filing · period ending 2024-06-30
Cents to cause T1
81¢
of each dollar spent, to programs
Operating overhead T1
18%
typical range 5–35%
Reserves T1
2.1 yr
of program spending, in cash and investments
Revenue T1
$44.2M
Charity Intelligence ★★★★ · T2
— means the filing doesn't include the lines needed; details and sources below.·How to read these figures
Common questions
How do I donate to Mennonite Economic Development Associates of Canada?
You can search for it on CanadaHelps or give directly through its own website. Charity Compass never handles your money — we only link out to where you can give.
Is Mennonite Economic Development Associates of Canada a registered charity?
Per CRA records, it filed a F2024 T3010 return under charity number 107691057RR0001. Registration status can change, so check the CRA charities listing for its current status. Only a currently registered charity can issue an official donation receipt.
Where is Mennonite Economic Development Associates of Canada located?
Per its F2024 T3010, its address on file is 2 - 595 PARKSIDE DR, WATERLOO, ON, N2L 0C7. Source.
What does Mennonite Economic Development Associates of Canada do?
In its own words, from its F2024 T3010 filing: "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…" Full program description.
How much of Mennonite Economic Development Associates of Canada's spending goes to programs?T1
Per its F2024 T3010, 81¢ of each dollar it spent went to programs (self-reported, not independently verified). Full figures.
How big is Mennonite Economic Development Associates of Canada?T1
Its last-reported revenue was $44.2M (F2024), which places it in Charity Compass's $10M–$100M revenue band, alongside 1,776 other operating charities.
What it does — in its own words
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 … Show more
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 and are an instrumental activity to support our primary focus. Activities such as conventions membership networks and helping people connect faith and work through The Marketplace magazine are a key part of MEDA’s mission and fulfills one of our charitable programs. The ultimate goal of such activities is to increase economic well-being - these activities are integral to helping constituents connect faith and work.
New programs
In FY24 MEDA Canada started a new long-term project in Honduras as well as one in Senegal Togo and the Ivory Coast.
Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗
Tier 1 — what we computed (open data)
From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure. New to these terms? Read what cents to the cause, overhead and reserves mean.
81¢
Per its F2024 T3010, 81¢ of each dollar spent went to programs. The rest ran the organization and raised money; higher is not automatically better.
Sector median: 89¢ across 55,155 computed charities; 89¢ among those its size ($10M–$100M).
this charity 81¢ · sector median 89¢ · all 55,155 computed charities
T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗ · what this means
18%
Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.
T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗ · what this means
2.1 yr
Years that cash, bank balances and investments on hand could cover program spending; liabilities and restricted funds are not netted out.
Charities its size ($10M–$100M, 1,776): median 0.4 yr; 53% hold under half a year. All operating charities: median 0.8 yr.
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗ · what this means
Total revenue
T1 · computed (open data)$44.2M
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)3%
Share of revenue from receipted donations.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
56%
Share of revenue from federal, provincial, and municipal sources.
T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗ · what this means
Where the money comes from
Shares of last-reported revenue, per its F2024 T3010. Self-reported; not independently verified.
Receipted donationsT1
3%
T3010 4500 ÷ 4700
GovernmentT1
56%
T3010 4570 (or 4540+4550+4560) ÷ 4700
Other revenueT1
41%
T3010 remainder ÷ 4700
Self-reported on the T3010; not independently verified. source ↗
Over the years
Every figure as filed at each fiscal period end, 2019–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2019-06-30 | $37.7M | 92¢ | 8% | 0.6 yr |
| 2020-06-30 | $36.1M | 92¢ | 8% | 0.5 yr |
| 2021-06-30 | $32.0M | 89¢ | 11% | 0.7 yr |
| 2022-06-30 | $29.3M | 86¢ | 14% | 2.9 yr |
| 2023-06-30 | $44.0M | 82¢ | 18% | 2.3 yr |
| 2024-06-30 | $44.2M | 81¢ | 18% | 2.1 yr |
| trend |
Swipe sideways to see every column.
From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · ✱ = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). source ↗
★ Tier 2 — Charity Intelligence (analyst-reviewed)
Published ratings by Charity Intelligence Canada's analysts — a separate, human review. Shown as published, never blended into our computed figures.
Overall rating
★ T2 · Charity Intelligence★★★★
Charity Intelligence's 0–5 star overall rating.
Analyst-reviewed by Charity Intelligence; their methodology, shown as published. source ↗
Results reporting
★ T2 · Charity Intelligence—
Not reported in this filing: the return leaves out the lines this figure needs, so we show nothing rather than an estimate.
Analyst-reviewed by Charity Intelligence; their methodology, shown as published. source ↗
Demonstrated impact
★ T2 · Charity IntelligenceGood
Charity Intelligence's assessment of impact per dollar.
Analyst-reviewed by Charity Intelligence; their methodology, shown as published. source ↗
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Figures per each charity's F2024 T3010 · self-reported, not audited by us · ✱= that filing's expense lines don't reconcile · open a profile for sources and caveats.
Board of directors
7 directors reported · 7 of 7at arm's length
- Krahn, KarinTreasurerarm's length
- Schlegel, RobChairarm's length
- Friesen, AlbertSecretaryarm's length
- Erb, PatriciaVice Chairarm's length
- Horning, ChadDirectorarm's length
- Proper, TaraDirectorarm's length
- Good, RyanDirectorarm's length
From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗
Right of reply
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Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗