Valhalla School Foundation
Publicly funded institution · Valhalla Centre, Alberta · BN 862802535RR0001 · Teaching Institutions · website
Source: T3010 return, FPE 2024-08-31. Split of total expenditures ($1,766,968) as filed with the CRA.
Valhalla School Foundation is a charitable organization based in Valhalla Centre, 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 August 31, 2024, it reported $1.8M in revenue and $1.8M in expenditures.
Its funding that year was roughly 97% from government. Government funding is the majority of its budget. In 2022, 1 other registered charity reported granting it a combined $1,000.
Compared with 1,247 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 54% of peers. The charity reported 17 permanent full-time positions.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.8M | $1.8M | $1.6M | — | — | $426K |
| 2023 | $1.7M | $1.7M | — | — | — | $308K |
| 2022 | $1.5M | $1.5M | — | — | — | $369K |
| 2021 | $1.5M | $1.5M | — | — | — | $344K |
| 2020 | $1.4M | $1.4M | — | — | — | $589K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2022
Received $1,000 from 1 charity:
- Thumb Switch for Life$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
- Permanent full-time positions17
- Total compensation, all staff$1.1M
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 Valhalla School Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 862802535RR0001), or read how we compute the receipt.