Patriarchal Toronto Orthodox Theological Academy Inc.
Publicly funded institution · Toronto, Ontario · BN 867994675RR0001 · Teaching Institutions
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($487,327) as filed with the CRA.
Patriarchal Toronto Orthodox Theological Academy Inc. is a charitable organization based in Toronto, Ontario, 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 $464K in revenue and $487K in expenditures.
Its funding that year was roughly 26% from donations, 49% from other charities. In 2024, 3 other registered charities reported granting it a combined $146K.
Compared with 1,540 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 17% of peers. Its highest-paid positions fell in the $40,000–79,999 range (2 positions in that band). The charity reported 3 permanent full-time positions.
It reported gifts to 1 qualified donee totalling $121K in 2024, the largest being $121K to Greek Orthodox Archdiocese of Canada. Its filed list of directors and trustees shows 3 names.
In its own words
The academy promotes the advancement of orthodox eudcation and in particular provides assistance for the education of clergy musical directors and other with care necessary to the operation of parish churches in canada. It is also a focus to support expand and develop educational programs for students and to solicit and recieve donations and grants and to fund or carry out the forgoing activities and objectives.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $464K | $487K | $204K | $32K | $121K | $172K |
| 2023 | $552K | $406K | $195K | $89K | — | $184K |
| 2022 | $320K | $286K | $236K | — | — | $49K |
| 2021 | $314K | $326K | $257K | — | — | $15K |
| 2020 | $315K | $299K | $249K | -$1,227 | — | $27K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $121K to 1 qualified donee:
Received $146K from 3 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9992 positions
- $1–39,9995 positions
- Permanent full-time positions3
- Total compensation, all staff$193K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Sotirios Athanassoulas (president); Andrew Michael Christodoulou (vice president); Eugenia West (secretary/treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from Patriarchal Toronto Orthodox Theological Academy Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 867994675RR0001), or read how we compute the receipt.