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Victoria University

Canada, · EIN 98-6001051 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending April 30, 2026 (tax year 2025) · View the filing · Correct or respond

Victoria University reported $84.0 million in revenue and $62.0 million in expenses for the fiscal year ending April 30, 2026. Of every $100 it spent, $81.28 went to program services, $16.02 to management and general costs and $2.70 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 28.1% of the total. The highest compensation it reported for one person was $352,988 (EXECUTIVE DIRECTOR ALUMNI AFFAIRS). 79 people received more than $100,000 in reportable compensation. Revenue rose 27% between FY2022 and FY2026. Source: Form 990, FY2026.

Where $100 of spending went

The fiscal year ending April 30, 2026 · Form 990, Part IX, line 25 · total expenses $62M

For 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, 2026 · Form 990, Part VIII · total revenue $84M

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

FY2026 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2026Median
Program services
Part IX 25(B) ÷ 25(A)
81.3%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
16.0%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.7%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.07$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
27.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.7%1.1%
Program service revenue share
Part VIII 2g ÷ 12
28.1%69.9%
Highest reported compensation
Part VII-A, columns D–F
$352,988$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.57%1.28%
People paid over $100,000
Part VII, line 2
798
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
139.913.3
Independent voting board members
Part VI 1a–1b
26 of 38100.0%

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

FY2026 · Form 990, Part III · the three largest programs by expense
$45M expenses · 88.8% of program spending · grants $4.4M

Liberal arts programs offered to undergraduate students of the University of Toronto and provides university services to students registered in Victoria College

$5.6M expenses · 11.2% of program spending · grants $893K

University services provided to students enrolled in the Emmanuel College program

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
EXECUTIVE DIRECTOR ALUMNI AFFAIRS
Key employee, highest compensated employee, 35.00 hrs/week
$352,988$0$0$352,988
PRINCIPAL
Director/trustee, key employee, highest compensated employee, 40.00 hrs/week
$333,664$0$0$333,664
MEMBER OF BOARD OF REGENTS
Director/trustee, highest compensated employee, 40.00 hrs/week
$323,907$0$0$323,907
DEAN OF STUDENTS
Key employee, highest compensated employee, 35.00 hrs/week
$322,640$0$0$322,640
DIRECTOR INFRASTRUCTURE & SUSTAIN
Key employee, highest compensated employee, 35.00 hrs/week
$319,814$0$0$319,814
ACTING PRINCIPAL
Director/trustee, key employee, 40.00 hrs/week
$307,638$0$0$307,638
PRESIDENT
Director/trustee, key employee, 40.00 hrs/week
$295,416$0$0$295,416
REGISTRAR
Key employee, 35.00 hrs/week
$288,377$0$0$288,377

79 people received more than $100,000 in reportable compensation from Victoria University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $979K (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100MFY2022FY2023FY2024FY2025FY2026$84M$62M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2026 ⓘ$84M$62M81.3%$723M$352,988
FY2025 ⓘ$77M$59M81.4%$667M$326,629
FY2024 ⓘ$71M$54M81.7%$640M$305,278
FY2023 ⓘ$62M$48M83.5%$609M$231,532
FY2022 ⓘ$66M$43M82.7%$595M$240,545

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–1b38 · 26 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

Correct a figure or respond

Every number above is copied from Victoria University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Victoria University, you can publish a response that is linked from this page.

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Questions people ask

How much of Victoria University's spending goes to programs?

In the fiscal year ending April 30, 2026, Victoria University reported that 81.3% of its $62.0 million in expenses went to program services, 16.0% to management and general and 2.7% to fundraising (Form 990, Part IX).

How much does Victoria University pay its top executive?

The largest total compensation Victoria University reported for one person in the fiscal year ending April 30, 2026 was $352,988, for the role of EXECUTIVE DIRECTOR ALUMNI AFFAIRS (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Victoria University get its money?

Of $84.0 million in revenue in the fiscal year ending April 30, 2026, 27.0% came from contributions and grants (including 0.7% from government grants) and 28.1% from program service revenue (Form 990, Part VIII).

Is Victoria University a registered charity?

The IRS lists EIN 98-6001051 as a 501(c)(3) organization (school). Form 990 filings on record here cover tax years 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 April 30, 2026, object 202612579349300916 · read the filing
  • FY2025: Form 990 for the fiscal year ending April 30, 2025, object 202502559349301725 · read the filing
  • FY2024: Form 990 for the fiscal year ending April 30, 2024, object 202422559349301412 · read the filing
  • FY2023: Form 990 for the fiscal year ending April 30, 2023, object 202312579349300841 · read the filing
  • FY2022: Form 990 for the fiscal year ending April 30, 2022, object 202223279349301107 · read the filing

All filings for EIN 98-6001051: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.