University of Prince Edward Island
University of Prince Edward Island reported $180.8 million in revenue and $149.7 million in expenses for the fiscal year ending April 30, 2025. Of every $100 it spent, $80.15 went to program services, $19.05 to management and general costs and $0.80 to fundraising. Its largest source of revenue was contributions and grants: 56.3% of the total. Government grants made up 52.4%. The highest compensation it reported for one person was $321,650 (President, UPEI). 29 people received more than $100,000 in reportable compensation. Revenue rose 52% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending April 30, 2025 · Form 990, Part IX, line 25 · total expenses $150MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending April 30, 2025 · Form 990, Part VIII · total revenue $181MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 19.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.8% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 56.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 52.4% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 37.9% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $321,650 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.21% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 29 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 24.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 27 of 27 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHigher Education: UPEI is a public liberal arts and science degree-granting institution committed to the encouragement and fostering of critical, creative, and independent thinking. Throughout the 2024-2025 fiscal period, there was a total of approximately 5,669 students enrolled in part-time and full-time studies with some 1,214 degrees granted including bachelor's degrees, certificates, masters and PhD's. UPEI has consistently been recognized as one of Canada's leading primarily undergraduate universities in Canada according to MacLean's University Rankings
Research: With current annual research expenditures of more than $10.1M and a growing reputation for research achievement, the University of Prince Edward Island ranks as one of the top ten research-intensive undergraduate universities in Canada according to MacLean's University Ranking with graduate student numbers having increased over 220% in the last decade. Ultimately, UPEI's goal is to firmly support an innovative research culture throughout campus and to encourage the practice of knowledge translation and utilization in all research endeavours at UPEI. The University was ranked number…
Scholarships, Bursaries & Student Aid: The University operates a robust program of financial support to university students including scholarships, academic prizes, bursaries and graduate stipends. These awards are based on terms of reference established by the University, external agencies, or donors. Throughout the 2024-2025 fiscal period, some scholarships, in excess of $10.1M were awarded. While the majority of these awards are based on academic merit, financial need and other criteria are also considered. A complete list of entrance scholarships and awards are listed on the Scholarships…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President, UPEI Officer, key employee, 0.0 hrs/week | $321,650 | $0 | $0 | $321,650 |
| Dean, Former Interim President Director/trustee, highest compensated employee, 0.0 hrs/week | $288,170 | $0 | $0 | $288,170 |
| Dean, Faculty of Med Director/trustee, highest compensated employee, 0.0 hrs/week | $277,985 | $0 | $0 | $277,985 |
| Vice-President, Admin & Res Key employee, 0.0 hrs/week | $244,049 | $0 | $0 | $244,049 |
| Vice-President, People & Cult Key employee, 0.0 hrs/week | $213,554 | $0 | $0 | $213,554 |
| Advisor to Vice Pres. of Admin Director/trustee, highest compensated employee, 0.0 hrs/week | $213,543 | $0 | $0 | $213,543 |
| Dean, AVC Director/trustee, highest compensated employee, 0.0 hrs/week | $210,702 | $0 | $0 | $210,702 |
| Professor, Former Assoc Dean Director/trustee, highest compensated employee, 0.0 hrs/week | $192,019 | $0 | $0 | $192,019 |
29 people received more than $100,000 in reportable compensation from University of Prince Edward Island (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.9M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b27 · 27 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 50
- Volunteers Part I, line 6100
Private foundation grants it received
1 private foundation reported grants to University of Prince Edward Island totaling $1,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from University of Prince Edward Island's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for University of Prince Edward Island, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 University of Prince Edward Island spent in FY2025, $80.15 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Morehouse CollegeAtlanta, GA · revenue $179M · programs 66.2% · FY2025
- Molloy UniversityRockville Centre, NY · revenue $181M · programs 84.7% · FY2025
- University of DubuqueDubuque, IA · revenue $179M · programs 74.2% · FY2025
- Saint Mary's College of CaliforniaMoraga, CA · revenue $182M · programs 83.0% · FY2025
- Philadelphia UniversityPhiladelphia, PA · revenue $179M · programs 89.4% · FY2025
Questions people ask
How much of University of Prince Edward Island's spending goes to programs?
In the fiscal year ending April 30, 2025, University of Prince Edward Island reported that 80.2% of its $149.7 million in expenses went to program services, 19.1% to management and general and 0.8% to fundraising (Form 990, Part IX).
How much does University of Prince Edward Island pay its top executive?
The largest total compensation University of Prince Edward Island reported for one person in the fiscal year ending April 30, 2025 was $321,650, for the role of President, UPEI (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does University of Prince Edward Island get its money?
Of $180.8 million in revenue in the fiscal year ending April 30, 2025, 56.3% came from contributions and grants (including 52.4% from government grants) and 37.9% from program service revenue (Form 990, Part VIII).
Is University of Prince Edward Island a registered charity?
The IRS lists EIN 31-1682468 as a 501(c)(3) organization (school). Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending April 30, 2025, object 202640559349300609 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending April 30, 2024, object 202510709349301866 · read the filing
- FY2023: Form 990 for the fiscal year ending April 30, 2023, object 202440659349301039 · read the filing
- FY2022: Form 990 for the fiscal year ending April 30, 2022, object 202310489349301536 · read the filing
- FY2021: Form 990 for the fiscal year ending April 30, 2021, object 202210069349300201 · read the filing
- FY2020: Form 990 for the fiscal year ending April 30, 2020, object 202130129349300938 · read the filing
All filings for EIN 31-1682468: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.