Council of Ontario Universities
Charitable organization · Toronto, Ontario · BN 129893418RR0001 · Support of Schools and Education · website
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($24,513,825) as filed with the CRA.
Council of Ontario Universities is a charitable organization based in Toronto, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending June 30, 2024, it reported $25.6M in revenue and $24.5M in expenditures.
Compared with 74 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 22% of peers. Its highest-paid position fell in the $350,000 and over range. The charity reported 134 permanent full-time positions.
Revenue has declined over its filings on record here, from $59.6M in 2020 to $25.6M in 2024.
In its own words
A. To promote co-operation among the provincially-assisted universities of Ontario B. To promote co-operation between the provincially-assisted universities of Ontario and the Government of Ontario C. Generally to work for the improvement of higher education for the people of Ontario
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $25.6M | $24.5M | $18.7M | — | — | $63.9M |
| 2023 | $26M | $22.4M | $17M | — | — | $62.6M |
| 2022 | $56.5M | $49.2M | — | — | — | $58.1M |
| 2021 | $44.5M | $50.9M | — | — | — | $52.4M |
| 2020 | $59.6M | $49.6M | — | — | — | $57.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
What it pays
Its ten highest-paid positions, by band:
- $350,000 and over1 position
- $250,000–299,9993 positions
- $200,000–249,9993 positions
- $160,000–199,9993 positions
- Permanent full-time positions134
- Total compensation, all staff$16.8M
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 Council of Ontario Universities’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 129893418RR0001), or read how we compute the receipt.