University of Ontario Institute of Technology
University of Ontario Institute of Technology reported $197.8 million in revenue and $192.1 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $88.96 went to program services, $11.04 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 50.4% of the total. Government grants made up 35.6%. The highest compensation it reported for one person was $281,574 (PRESIDENT & VICE CHANCELLOR). 251 people received more than $100,000 in reportable compensation. Revenue rose 29% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending March 31, 2025 · Form 990, Part IX, line 25 · total expenses $192MFor 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 March 31, 2025 · Form 990, Part VIII · total revenue $198MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 41.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 35.6% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 50.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $281,574 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.15% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 251 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 6.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 16 of 20 | 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 expenseEducation: the university was incorporated without share capital under the University of Ontario Institute of technology act, which received royal assent on june 27, 2002. Its primary mission is to develop research and offer graduate and undergraduate education. There are 7 faculties since inception of the university namely faculty of business and information technology, faculty of education, faculty of energy systems and nuclear science, faculty of engineering and applied science, faculty of science, faculty of health sciences, and faculty of social science and humanities. The total student…
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Automotive centre of excellence: the automotive centre of excellence (ace) is the first climatic testing and research centre of its kind in canada. This integrated research and training facility spans five floors with dedicated space for research, education, and training. This facility is fostering an environment for collaboration between industry, researchers, and students that drives innovative automotive research and engineering. The university offers unique research programs that are finding new solutions to automotive problems and educating future engineers to advance the frontiers of…
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 & VICE CHANCELLOR Director/trustee, officer, 36.00 hrs/week | $273,243 | $0 | $8,331 | $281,574 |
| PROVOST/VP, ACADEMIC Officer, 36.00 hrs/week | $224,503 | $0 | $10,085 | $234,588 |
| PROFESSOR Highest compensated employee, 36.00 hrs/week | $197,494 | $0 | $6,760 | $204,254 |
| PROFESSOR Highest compensated employee, 36.00 hrs/week | $189,169 | $0 | $9,005 | $198,174 |
| DEAN Highest compensated employee, 36.00 hrs/week | $197,451 | $0 | $0 | $197,451 |
| PROFESSOR Highest compensated employee, 36.00 hrs/week | $186,566 | $0 | $7,622 | $194,188 |
| VP, ADMINISTRATION Officer, 36.00 hrs/week | $193,295 | $0 | $0 | $193,295 |
| VP, ADVANCEMENT Officer, 36.00 hrs/week | $191,919 | $0 | $0 | $191,919 |
251 people received more than $100,000 in reportable compensation from University of Ontario Institute of Technology (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–1b20 · 16 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- 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 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 52,665
- Volunteers Part I, line 6285
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| DURHAM COLLEGE Student, it, & financial services | $11,824,570 |
| BEST SERVICE PROS LTD Cleaning services | $1,392,744 |
| SUPERIOR BOILER WORKS & WELDING LTD Construction services | $958,891 |
| MAREK HOSPITALITY INC Food services | $608,198 |
| KPMG LLP Accounting services | $507,093 |
Individuals listed as contractors are left out. 76 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from University of Ontario Institute of Technology'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 Ontario Institute of Technology, you can publish a response that is linked from this page.
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Of every $100 University of Ontario Institute of Technology spent in FY2025, $88.96 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Oral Roberts UniversityTulsa, OK · revenue $198M · programs 85.1% · FY2025
- Philadelphia College of Osteopathic MedicinePhiladelphia, PA · revenue $198M · programs 66.8% · FY2025
- Iowa State University FoundationAmes, IA · revenue $196M · programs 77.7% · FY2025
- Rider UniversityLawrenceville, NJ · revenue $199M · programs 86.2% · FY2025
- Oregon Health & Science University FoundationPortland, OR · revenue $194M · programs 77.6% · FY2025
Questions people ask
How much of University of Ontario Institute of Technology's spending goes to programs?
In the fiscal year ending March 31, 2025, University of Ontario Institute of Technology reported that 89.0% of its $192.1 million in expenses went to program services, 11.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does University of Ontario Institute of Technology pay its top executive?
The largest total compensation University of Ontario Institute of Technology reported for one person in the fiscal year ending March 31, 2025 was $281,574, for the role of PRESIDENT & VICE CHANCELLOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does University of Ontario Institute of Technology get its money?
Of $197.8 million in revenue in the fiscal year ending March 31, 2025, 41.8% came from contributions and grants (including 35.6% from government grants) and 50.4% from program service revenue (Form 990, Part VIII).
Is University of Ontario Institute of Technology a registered charity?
The IRS lists EIN 98-1263645 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 March 31, 2025, object 202610279349301201 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202530499349301238 · read the filing
- FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202430469349301538 · read the filing
- FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202310469349301211 · read the filing
- FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202240459349301624 · read the filing
- FY2020: Form 990 for the fiscal year ending March 31, 2020, object 202130409349300138 · read the filing
All filings for EIN 98-1263645: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.