University of Western Ontario

1151 Richmond Street
London, ON N6A 3K7
President: Alan Shepard
Board Chair: Rick Konrad

Charitable Reg. #:10816 2587 RR0001


Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 5/5]



Audited financial statements for current and previous years available on the charity’s website.



Grade based on the charity's public reporting of the work it does and the results it achieves.



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 82 cents are available for programs.

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About University of Western Ontario:

University of Western Ontario is a top-rated 5-star charity and one of Canada's largest charities. As with most large universities, it has a high results reporting score and is financially transparent. The charity does not have large funding reserves and can cover less than 2 years of program costs. 

Founded in 1878, the University of Western Ontario (Western) is a public university in London, Ontario. Western University offers 17 different undergraduate degrees, and 160 different degrees at the master’s and doctoral level. In addition to the main university, it has three affiliate colleges: Brescia, Huron, and King’s. Western’s main charitable programs are education, research, and renovations. It did not disclose a spending breakdown of its programs on its website.

A Charity Intelligence 2023 Top 100 Rated Charity

In F2021, Western University had 32,091 full time students enrolled. This included 25,991 undergraduate students, 3,869 graduate students, and 2,231 PhD students. It reports that 4,493 of its students were from outside of Canada. In F2021 Western gave out 4,102 entrance scholarships with a total value of $9.8m. It gave out 7,341 bursaries with a total value of $16.9m.

Western has 1,356 faculty members, including 844 tenured faculty members. In F2021 its research department issued nine US patents and disclosed 58 inventions. During the year it worked on eight new construction projects and six major building renovations.

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Results and Impact

According to a 2022 report by the Times Higher Education, Western University is the most sustainable university in Canada, and the third most sustainable university in the world. In F2021, the university gave out 7,429 undergraduate degrees, 2,593 master’s degrees, and 425 PhDs. It reported that 93.7% of students who graduated in 2018 had a job two years after graduating.

While Ci highlights these key results, they may not be a complete representation of University of Western Ontario’s results and impact. This charity is not yet rated on impact (n/r).

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Western University is a Major 100 charity, one of Canada’s largest charities in terms of donations. In F2021 it received $65.3m in Canadian donations. Western also received $483.9m of government funding (33% of total revenue), and $455.9m in student fees (31% of total revenue) during the year. In F2021 The university earned $344.9m in investment income (23% of total revenue), which represents a 15% annual return. Its average annual investment return from F2013 to F2021 is 7%. 

Administrative costs are 3% of total revenue excluding investment income. Fundraising costs are 16% of donations. This results in total overhead spending of 18%. For each dollar donated to the charity, 82 cents got the cause. This is within Ci’s reasonable range for overhead spending. Western does not report fundraising or administrative costs in its financial statements, so Ci used its T3010 filing with the CRA to get that information. Note that its T3010 filing reported $27.5m less in total expenses than its financial statements.

Western has $2.4 billion in net funding reserves, which includes $2.7 billion in liquid assets less $346.5m in interest bearing debts. Its net funding reserves include $786.9m in donor-endowed funds. Western’s net funding reserves, excluding donor-endowed funds, can cover annual program costs for around 1 year and 8 months.

­­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 June 7th, 2022 by Arjun Kapur.

Financial Review

Financial Ratios

Fiscal year ending April
Administrative costs as % of revenues 2.7%1.8%1.7%
Fundraising costs as % of donations 15.5%15.2%20.7%
Total overhead spending 18.2%17.0%22.3%
Program cost coverage (%) 167.7%128.2%118.7%

Summary Financial Statements

All figures in $000s
Donations 65,29865,94050,089
Government funding 483,892491,669494,548
Fees for service 455,900453,144461,023
Business activities (net) 84,149137,184153,398
Investment income 344,8894,637110,078
Other income 48,50850,31442,405
Total revenues 1,482,6361,202,8881,311,541
Program costs 984,2791,029,1961,007,561
Administrative costs 30,83121,07219,775
Fundraising costs 10,09110,04710,360
Other costs 14,48214,86515,293
Total spending 1,039,6831,075,1801,052,989
Cash flow from operations 442,953127,708258,552
Capital spending 64,43342,66870,749
Funding reserves 2,371,1381,925,5621,813,565

Note: Ci reported sales and services net of costs, affecting revenues and expenses by ($24.6m) in F2021, ($34.9m) in F2020, and ($38.3m) in F2019. Ci includes direct contributions to endowments in donations, affecting revenues by $24.4m in F2021, $24.7m in F2020, and $14.7m in F2019. Ci also included investment income allocated to endowments in investment income, affecting revenues by $115.0m in F2021, ($34.9m) in F2020, and $17.3m in F2019.    

Salary Information

Full-time staff: 4,519

Avg. compensation: $119,151

Top 10 staff salary range:

$350k +
$300k - $350k
$250k - $300k
$200k - $250k
$160k - $200k
$120k - $160k
$80k - $120k
$40k - $80k
< $40k

Information from most recent CRA Charities Directorate filings for F2021

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 519-661-2111


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Charitable Registration Number: 80340 7956 RR0001