Governing Council Of The University Of Toronto
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,386,402,000 | 2,437,873,000 | −51,471,000 | 9.1 | 46% |
| 2013 | 2,684,626,000 | 2,389,946,000 | 294,680,000 | 15.0 | 48% |
| 2014 | 2,547,551,000 | 2,355,523,000 | 192,028,000 | 18.7 | 47% |
| 2015 | 2,470,239,000 | 2,219,842,000 | 250,397,000 | 20.6 | 48% |
| 2016 | 2,210,887,000 | 2,050,809,000 | 160,078,000 | 19.3 | 47% |
| 2017 | 2,444,513,000 | 2,127,662,000 | 316,851,000 | 23.4 | 47% |
| 2018 | 2,635,200,000 | 2,272,601,000 | 362,599,000 | 24.5 | 48% |
| 2019 | 2,730,190,000 | 2,346,611,000 | 383,579,000 | 25.1 | 47% |
| 2020 | 2,719,637,000 | 2,388,578,000 | 331,059,000 | 24.2 | 49% |
| 2021 | 3,059,060,000 | 2,503,934,000 | 555,126,000 | 29.6 | 49% |
| 2022 | 3,050,426,000 | 2,719,216,000 | 331,210,000 | 29.9 | 49% |
| 2023 | 3,214,233,000 | 2,799,769,000 | 414,464,000 | 29.1 | 49% |
In its most recent public year (2023), this organization brought in $414,464,000 more than it spent. Its reserves stood at about 29.1 months of spending, up from 9.1 in 2012. Staff pay was 49% of spending.
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
Governing Council Of The University Of Toronto'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