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University Health Network

Canada, · EIN 98-6000971 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending March 31, 2026 (tax year 2025) · View the filing · Correct or respond

University Health Network reported $2.82 billion in revenue and $2.79 billion in expenses for the fiscal year ending March 31, 2026. Of every $100 it spent, $92.85 went to program services, $7.15 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: 83.1% of the total. The highest compensation it reported for one person was $751,698 (PRESIDENT AND CEO). 901 people received more than $100,000 in reportable compensation. Revenue rose 39% between FY2021 and FY2026. Source: Form 990, FY2026.

Where $100 of spending went

The fiscal year ending March 31, 2026 · Form 990, Part IX, line 25 · total expenses $2.79B

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending March 31, 2026 · Form 990, Part VIII · total revenue $2.82B

The 990 scorecard · same measures for every charity, no grades

FY2026 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2026Median
Program services
Part IX 25(B) ÷ 25(A)
92.9%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
7.1%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
14.8%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
2.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
83.1%93.7%
Highest reported compensation
Part VII-A, columns D–F
$751,698$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.03%1.34%
People paid over $100,000
Part VII, line 2
90127
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
1.96.6
Independent voting board members
Part VI 1a–1b
21 of 2188.9%

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

FY2026 · Form 990, Part III · the three largest programs by expense
$1.91B expenses · 73.7% of program spending · grants $42M · revenue $2.04B

University Health Network continues to lead the way, by implementing our strategic plan to create a healthier world and elevating our purpose: transforming lives and communities through excellence in care, discovery and learning. The overall activity in 25/26 at uhn include the following: -average total beds staffed and in operation = 1,669 -total inpatient days = 583,287 -ambulatory care visits total = 1,196,751 -o.r. Cases (inpatient and outpatient) = 24,996 -emergency visits = 130,044

$466M expenses · 18.0% of program spending · revenue $88M

University Health Network is canada's top research hospital; it is fully affiliated with the university of toronto and is a member of the toronto academic health science network. Uhn comprises five academic hospital sites, an education institute, and eleven research institutes. The scope of research and complexity of cases at uhn have made it a national and international source for discovery, education, and patient care. Supported in part by two uhn-affiliated foundations, research conducted at uhn spans the full spectrum of diseases and disciplines, including cancer, cardiovascular sciences…

$146M expenses · 5.6% of program spending · revenue $146M

The uhn/mount sinai hospital department of medicine practice plan is the vehicle for supporting 422 academic physicians at two of the university of toronto's teaching hospitals. The purpose of the plan is to support clinical, educational and research activities of the group

$70M all other programs (line 4d)

Highest reported compensation

FY2026 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT AND CEO
Officer, 37.5 hrs/week
$751,698$0$0$751,698
LABORATORY PHYSICIAN
Highest compensated employee, 37.5 hrs/week
$396,907$0$0$396,907
LABORATORY DIVISION HEAD
Highest compensated employee, 35.0 hrs/week
$394,474$0$0$394,474
EXECUTIVE VICE PRESIDENT
Officer, 37.5 hrs/week
$384,685$0$0$384,685
EXECUTIVE VICE PRESIDENT
Key employee, 37.5 hrs/week
$383,629$0$0$383,629
LABORATORY PHYSICIAN
Highest compensated employee, 37.5 hrs/week
$382,597$0$0$382,597
LABORATORY PHYSICIAN
Highest compensated employee, 35.0 hrs/week
$371,924$0$0$371,924
EXECUTIVE VICE PRESIDENT
Key employee, 35.0 hrs/week
$371,807$0$0$371,807

901 people received more than $100,000 in reportable compensation from University Health Network (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.9M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$1.00B$2.00B$3.00B$4.00BFY2021FY2022FY2023FY2024FY2025FY2026$2.82B$2.79B
FilingRevenueExpensesProgramsNet assetsTop pay
FY2026 ⓘ$2.82B$2.79B92.9%$449M$751,698
FY2025 ⓘ$2.66B$2.68B89.4%$409M$702,238
FY2024 ⓘ$2.43B$2.41B90.5%$421M$693,714
FY2023 ⓘ$2.20B$2.24B88.7%$405M$704,524
FY2022 ⓘ$2.25B$2.24B89.2%$477M$743,655
FY2021 ⓘ$2.03B$2.00B87.3%$466M$705,420

Governance answers, as filed

FY2026 · 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–1b21 · 21 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 50
  • Volunteers Part I, line 61,219

Correct a figure or respond

Every number above is copied from University Health Network'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 Health Network, you can publish a response that is linked from this page.

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Questions people ask

How much of University Health Network's spending goes to programs?

In the fiscal year ending March 31, 2026, University Health Network reported that 92.9% of its $2.79 billion in expenses went to program services, 7.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does University Health Network pay its top executive?

The largest total compensation University Health Network reported for one person in the fiscal year ending March 31, 2026 was $751,698, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does University Health Network get its money?

Of $2.82 billion in revenue in the fiscal year ending March 31, 2026, 14.8% came from contributions and grants (including 2.0% from government grants) and 83.1% from program service revenue (Form 990, Part VIII).

Is University Health Network a registered charity?

The IRS lists EIN 98-6000971 as a 501(c)(3) organization (hospital or medical research organization). Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2026: Form 990 for the fiscal year ending March 31, 2026, object 202612269349300241 · read the filing
  • FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202512249349302366 · read the filing
  • FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202432289349302108 · read the filing
  • FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202302279349302360 · read the filing
  • FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202212249349302276 · read the filing
  • FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202142289349301434 · read the filing

All filings for EIN 98-6000971: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.