University of Victoria
University of Victoria reported $580.6 million in revenue and $568.9 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $84.32 went to program services, $14.84 to management and general costs and $0.84 to fundraising. Its largest source of revenue was contributions and grants: 56.8% of the total. Government grants made up 52.9%. The highest compensation it reported for one person was $350,967 (Vice-Chancellor and President). 791 people received more than $100,000 in reportable compensation. Revenue rose 28% between FY2021 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 $569MFor 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 $581MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.3% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.8% | 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 | 56.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 52.9% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 33.6% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $350,967 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.06% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 791 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 14.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 11 of 15 | 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 expenseHighest 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 |
|---|---|---|---|---|
| Vice-Chancellor and President Director/trustee, officer, 40.00 hrs/week | $0 | $0 | $350,967 | $350,967 |
| Director Canadian Institute for Substance Use Highest compensated employee, 40.00 hrs/week | $0 | $0 | $289,155 | $289,155 |
| Dean of Business Highest compensated employee, 40.00 hrs/week | $0 | $0 | $273,250 | $273,250 |
| Vice-President Academic and Provost Officer, 40.00 hrs/week | $0 | $0 | $269,825 | $269,825 |
| Dean of Engineering and Computer Science Highest compensated employee, 40.00 hrs/week | $0 | $0 | $257,115 | $257,115 |
| Director Proteomics Centre Highest compensated employee, 40.00 hrs/week | $0 | $0 | $252,082 | $252,082 |
| Professor Business Highest compensated employee, 40.00 hrs/week | $0 | $0 | $250,944 | $250,944 |
| Vice-President Research Officer, 40.00 hrs/week | $0 | $0 | $242,217 | $242,217 |
791 people received more than $100,000 in reportable compensation from University of Victoria (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.3M (Part IX, line 5).
5 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–1b15 · 11 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- 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 26Yes
- 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 University of Victoria'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 Victoria, you can publish a response that is linked from this page.
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Of every $100 University of Victoria spent in FY2025, $84.32 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Belmont UniversityNashville, TN · revenue $579M · programs 74.7% · FY2025
- Carleton UniversityCanada, · revenue $582M · programs 95.2% · FY2026
- The Trustees of the Stevens Institute of TechnologyHoboken, NJ · revenue $579M · programs 91.5% · FY2025
- University of Minnesota FoundationMinneapolis, MN · revenue $586M · programs 79.3% · FY2025
- Sacred Heart UniversityFairfield, CT · revenue $576M · programs 88.6% · FY2025
Questions people ask
How much of University of Victoria's spending goes to programs?
In the fiscal year ending March 31, 2025, University of Victoria reported that 84.3% of its $568.9 million in expenses went to program services, 14.8% to management and general and 0.8% to fundraising (Form 990, Part IX).
How much does University of Victoria pay its top executive?
The largest total compensation University of Victoria reported for one person in the fiscal year ending March 31, 2025 was $350,967, for the role of Vice-Chancellor and President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does University of Victoria get its money?
Of $580.6 million in revenue in the fiscal year ending March 31, 2025, 56.8% came from contributions and grants (including 52.9% from government grants) and 33.6% from program service revenue (Form 990, Part VIII).
Is University of Victoria a registered charity?
The IRS lists EIN 98-6001816 as a 501(c)(3) organization (school). Form 990 filings on record here cover tax years 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 202640279349300429 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202500349349300810 · read the filing
- FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202410479349300101 · read the filing
- FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202330309349300613 · read the filing
- FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202240469349300604 · read the filing
All filings for EIN 98-6001816: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.