Olds College
Publicly funded institution · Olds, Alberta · BN 107794158RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($76,832,364) as filed with the CRA.
Olds College is a charitable organization based in Olds, Alberta, 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 June 30, 2024, it reported $85.2M in revenue and $76.8M in expenditures.
Its funding that year was roughly 23% from donations, 44% from government. In 2024, 15 other registered charities reported granting it a combined $299K.
Its highest-paid position fell in the $250,000–299,999 range. The charity reported 368 permanent full-time positions.
Revenue has grown substantially over its filings on record here, from $53M in 2020 to $85.2M in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
Olds college works with industry and clients to develop and deliver a range of training programs and products designed to meet desired specifications in areas of agriculture horticulture land and environmental management agribusiness entrepreneurship and rural development. The college actively pursues involvement in applied research that advances innovation based rural economic development in alberta.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $85.2M | $76.8M | — | — | — | $113.7M |
| 2023 | $72.9M | — | — | — | — | $115.1M |
| 2022 | $63.3M | $64.4M | $45.5M | $511K | — | $111.3M |
| 2021 | $55.6M | $56.3M | $40.2M | $527K | $25K | $94.7M |
| 2020 | $53M | $52.9M | $42M | $444K | — | $83.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $299K from 15 charities:
- Canadahelps Canadon$68K
- Canadahelps Canadon$68K
- RBC Foundation$50K
- ATB Investor Services Foundation$30K
- Canada Gives$20K
- Aqueduct Foundation$18K
- Calgary Flames Foundation$13K
- ATB Investor Services Foundation$10K
- The Calgary Foundation$9,662
- Strategic Charitable Giving Foundation$9,380
- Charitable Gift Funds Canada Foundation$2,000
- Northwestern Alberta Foundation$1,225
- Abc Benefits Corporation Foundation$750
- Canadian Online Giving Foundation$500
- PayPal Giving Fund Canada$24
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $250,000–299,9991 position
- $200,000–249,9991 position
- $160,000–199,9994 positions
- $120,000–159,9994 positions
- Permanent full-time positions368
- Total compensation, all staff$35.4M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Debbie Thompson (interim president).
As listed on its 2024 return.
Check the source
Every figure on this page is from Olds College’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 107794158RR0001), or read how we compute the receipt.