Victoria University is a 501(c)(3) organization, registered in 1947, with $71,362,410 in FY2023 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
Revenue (FY2023)
$71.4M
▲ 15.6% vs prior year
Education median: $200K
Expenses (FY2023)
$53.8M
Net assets
$639.8M
Employees
0
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Victoria University: 82% to programs · $10 to raise $100 earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Victoria University: 143 mo reserves · +25% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Victoria University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Victoria University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Victoria university through its federation with the university of toronto and the toronto school of theology offers undergraduate and graduate level programs through its two colleges. victoria university offers liberal arts programs to undergraduate students of the university of toronto, and provides university services to students registered in the colleges.
University services provided to students enrolled in the emmanuel college program.
Revenue grew from $66.2M (FY2021) to $71.4M (FY2023) across 3 reported years.
Financial snapshot
Operating margin
24.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$697.5M
Total liabilities
$57.7M
Net assets
$639.8M
Salaries & benefits
$32.0M
59% of expenses
Board members
36
24 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $71,362,410▲15.6% | $53,797,951▲12.6% | $639,793,000▲5.0% | $697,481,000▲4.0% | 990 |
| 2022 | $61,730,747▼6.7% | $47,782,551▲11.5% | $609,202,000▲2.3% | $670,565,000▲2.3% | 990 |
| 2021 | $66,175,309 | $42,853,135 | $595,295,457 | $655,176,000 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Louise Yearwood — $305,278 (0.57% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Louise Yearwood | Executive Director Alumni Affairs | 35 | $305,278 |
| Hyeran Kim-cragg | Principal | 40 | $285,632 |
| Judith Newman | Member of Board of Regents | 40 | $284,597 |
| Michelle Voss | Professor | 40 | $281,243 |
| Kelley Castle | Dean of Students | 35 | $279,065 |
| Raymond Desouza | Bursar & Board Secretary | 35 | $273,660 |
| Vikas Mehta | Director of Physical Plant | 35 | $264,625 |
| Lisa Sherlock | Chief Librarian | 35 | $255,766 |
| Yvette Ali | Registrar | 35 | $248,457 |
| Rhonda Mcewen | President | 40 | $227,064 |
| Kenneth Chan | Bursar & Cao | 35 | $203,540 |
| Nevin Reda El-tahry | Member of Board of Regents | 40 | $193,534 |
| Julia Forgie | Member of Board of Regents | 40 | $164,793 |
| Mark Austin | Member of Board of Regents | 40 | $79,220 |
| Angela Esterhammer | Member of Board of Regents | 40 | $53,000 |
| Adam Kilner | Member of Board of Regents | 0.15 | — |
| Adele Halliday | Member of Board of Regents | 0.15 | — |
| Amy Mann | Member of Board of Regents | 0.15 | — |
| Boomba Nishikawa | Member of Board of Regents | 0.15 | — |
| Brian Johnston | Member of Board of Regents | 0.15 | — |
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Data for Victoria University (EIN 98-6001051) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.