British Columbia Institute of Technology
Publicly funded institution · Burnaby, British Columbia · BN 118818681RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($429,895,000) as filed with the CRA.
British Columbia Institute of Technology is a charitable organization based in Burnaby, British Columbia, classified by the CRA under teaching institutions. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending March 31, 2024, it reported $420.4M in revenue and $429.9M in expenditures.
Its funding that year was roughly 47% from government. In 2024, 15 other registered charities reported granting it a combined $159K.
Compared with 733 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 28% of peers. Its highest-paid positions fell in the $250,000–299,999 range (4 positions in that band). The charity reported 2,343 permanent full-time positions.
In its own words
BCIT is a public polytechnic institute that operates across five campuses located in the Metro Vancouver region. BCIT provides post secondary education to nearly 50 000 students in subjects ranging from applied and natural sciences business and media computing and IT engineering health sciences and trades. BCIT also issues a number of awards to its BCIT students which include: - Entrance Awards - Bursaries - Academic Awards
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $420.4M | $429.9M | $352.5M | — | — | $72M |
| 2023 | $374.2M | $389.7M | $315.2M | — | — | $77.2M |
| 2022 | $360.3M | $374.5M | $300.9M | — | — | $94.3M |
| 2021 | $359.1M | $354.3M | $285M | — | — | $108.7M |
| 2020 | $361.5M | $355.4M | $293.9M | — | — | $103.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $159K from 15 charities:
- Pacific Salmon Foundation/fondation du Saumon du Pacifique$50K
- Mvzeif$35K
- United Way British Columbia$23K
- Construction Foundation of BC (2012) Society$11K
- BenefAction Foundation$10K
- ASTTBC Foundation$7,400
- Port Coquitlam Community Foundation$5,458
- Comox Valley Community Foundation$4,225
- Institute for Liberal Studies Inc.$3,995
- Coram Deo Foundation$2,500
- New Car Dealers Foundation of BC$2,500
- The Leonard Foundation$1,732
- Centra Cares Foundation$1,000
- Jewish Federation of British Columbia$800
- Canadian Online Giving Foundation$150
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $250,000–299,9994 positions
- $200,000–249,9996 positions
- Permanent full-time positions2,343
- Total compensation, all staff$301.3M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Check the source
Every figure on this page is from British Columbia Institute of Technology’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 118818681RR0001), or read how we compute the receipt.