Upper Canada College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 3,577,761 | 3,608,656 | −30,895 | 309.0 | 0% |
| 2023 | 1,090,194 | 3,510,149 | −2,419,955 | 345.6 | 0% |
In its most recent public year (2023), this organization spent $2,419,955 more than it brought in. Its reserves stood at about 345.6 months of spending, up from 309 in 2022. Staff pay was 0% of spending. $97,489,959 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Upper Canada College Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works