University of Western Ontario
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
A
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
81%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 81 cents are available for programs.
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Programs
About University of Western Ontario:
Founded in 1878, the University of Western Ontario (UWO) is located in London, Ontario. UWO offers programs in 12 faculties: Arts & Humanities, Ivey Business School, Education, Engineering, Health Sciences, Information & Media Studies, Law, Schulich School of Medicine & Dentistry, Don Wright Faculty of Music, Science, Social Science, and Inter-Disciplinary Studies.
University of Western Ontario had 24,587 undergraduate (2,465 international), 3,750 graduate (1,372 international), and 2,185 PhD students, for a total full-time student population of 30,522 in F2018. In F2018, University of Western Ontario had 1,405 full-time academic faculty members. This results in a student to faculty ratio of 22:1 in F2018. UWO gave 3,609 admission scholarships to new entrants and 10,371 awards, scholarships, fellowships, and teaching assistantships in F2018.
University of Western Ontario is home to 202 full-time research staff. The Schulich School of Medicine & Dentistry at UWO has 14 Canada Research Chairs in seven areas of excellence – Biomedical Imaging; Cancer; Cardiovascular, Respiratory Health, and Metabolic Diseases; Infection and Immunity; Musculoskeletal Health; Maternal, Fetal, Child and Family Health; Neuroscience and Mental Health. The Health Sciences faculty at UWO has two Research Chairs, two Western Research Chairs, and four Endowed Research Chairs.
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Results and Impact
University of Western Ontario reported an 86.7% graduation rate in F2018. The Ontario University system’s overall graduation rate is 77.2%. UWO also reported an employment rate of 88.8% at six months after graduation, and 94.1% at two years after graduation.
While Ci highlights these key results, they may not be a complete representation of University of Western Ontario’s results and impact.
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Finances
University of Western Ontario received total donations of $55.7m in F2018. Administrative costs are 2% of revenues (excluding investment income) and fundraising costs are 17% of donations. For every dollar donated, 81 cents go to the cause. This is within Ci’s reasonable range for overhead spending.
Net funding reserves of $1.6b can cover 1.6 years of annual program costs. Of these funding reserves, $746.4m are donor endowed. Excluding donor endowed funds, UWO can cover 10 months of annual program costs.
This charity report is an update that has been sent to University of Western Ontario for review. Changes and edits may be forthcoming.
Updated on July 23, 2019 by Lauren Chin.
Financial Review
Fiscal year ending April
|
2018 | 2017 | 2016 |
|---|---|---|---|
| Administrative costs as % of revenues | 1.9% | 2.2% | 1.5% |
| Fundraising costs as % of donations | 17.4% | 16.8% | 17.1% |
| Total overhead spending | 19.4% | 19.0% | 18.7% |
| Program cost coverage (%) | 87.2% | 75.4% | 58.5% |
Summary Financial StatementsAll figures in $000s |
2018 | 2017 | 2016 |
|---|---|---|---|
| Donations | 55,720 | 55,787 | 57,143 |
| Government funding | 477,505 | 466,456 | 464,545 |
| Fees for service | 435,727 | 407,688 | 380,903 |
| Business activities (net) | 147,083 | 143,109 | 163,770 |
| Investment income | 78,869 | 122,469 | 27,777 |
| Other income | 21,138 | 19,218 | 20,953 |
| Total revenues | 1,216,042 | 1,214,727 | 1,115,091 |
| Program costs | 966,642 | 955,425 | 956,258 |
| Administrative costs | 22,072 | 23,838 | 16,611 |
| Fundraising costs | 9,713 | 9,387 | 9,790 |
| Other costs | 14,007 | 12,805 | 13,019 |
| Total spending | 1,012,434 | 1,001,455 | 995,678 |
| Cash flow from operations | 203,608 | 213,272 | 119,413 |
| Capital spending | 91,407 | 91,646 | 76,023 |
| Funding reserves | 1,557,177 | 1,373,757 | 1,122,578 |
Note: Ci reported sales and services net of costs, affecting revenues and expenses by ($38k) in F2018, ($38k) in F2017, and ($38k) in F2016. Ci used the CRA T3010 filing to report fundraising costs, as it was not broken out in the audited financial statements.
Salary Information
$350k + |
3 |
$300k - $350k |
7 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2018
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Comments & Contact
Comments added by the Charity:
Charity Contact
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