University of Ottawa
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.
66%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 66 cents are available for programs.
My anchor
OVERVIEW
About University of Ottawa:
University of Ottawa is a 4-star charity and one of Canada’s largest charities in terms of donations. It has an A- results reporting score, which is above average. Its overhead spending is within Ci’s reasonable range and it has reserve funds to cover program costs for five months.
Founded in 1948, University of Ottawa (uOttawa) is a public research university in Ottawa, Ontario. It is the largest bilingual (English-French) university in the world. uOttawa offers 550 undergraduate and graduate programs. It is ranked seventh in Canada by Times Higher Education (2023). uOttawa’s main programs are education and research. It does not provide a spending breakdown for these programs.
Education: In the fiscal year ending April 2023 (F2023), University of Ottawa had 48,259 students enrolled. This included 40,054 undergraduate and 8,205 graduate students. 10,725 enrolled students (22%) were international students from 151 countries. In F2023, uOttawa awarded $117m in scholarships and bursaries to undergraduate students. uOttawa also created seven new undergraduate and nine new graduate programs in F2023.
Research: In F2023, University of Ottawa had 231 research chairs. This included 94 Canada Research Chairs and 4 Distinguished Research Chairs. uOttawa supports over 200 research labs. It also offers 12 different services to support researchers. In F2023, uOttawa established the Brain-Heart Interconnectome to further research on brain-heart disorders. It also established the Canadian Pandemic Preparedness Hub.
My anchor
Results and Impact
University of Ottawa reports a 97% employment rate for graduates. This information is based on data collected by the Ontario Ministry of Colleges and Universities. In F2023, uOttawa also reported that 2-year graduation rates for course-based masters programs (80%) increased by 21 percentage points over the past five years, and 6-year graduation rates for undergraduates (71%) increased by 5 percentage points over the past five years.
uOttawa has conducted End-of-Program Surveys since 2010. In F2023, 86% of 2,866 graduating students surveyed stated that they were very satisfied (16%) or satisfied (70%) with their overall experience at University of Ottawa.
In January 2016, the Conference Board of Canada published a report titled "Impact of the University of Ottawa." This report found that uOttawa’s research investments contribute almost $2.6b to Ontario’s GDP.
While Ci highlights these key results, they may not be a complete representation of the University of Ottawa’s results and impact.
This charity is not yet rated on impact (n/r).
My anchor
Finances
University of Ottawa is a Major 100 charity, one of Canada’s largest charities in terms of donations. In F2023, University of Ottawa received $23.5m in donations. It also received $601.2m in government funding, accounting for 47% of its total revenue. Tuition and housing fees were $617.5m in F2023 (48% of total revenue). In F2023, uOttawa earned $37.7m in investment income (3% of total revenue). Administrative costs are 6% of revenue (excluding investment income) and fundraising costs are 27% of donations. Overhead spending is 34%, which is in Ci’s reasonable range. For every dollar donated, 66 cents are available for the cause. In F2023, University of Ottawa spent $1.1b on its programs, which is 85% of total revenue.
In F2023, uOttawa had a surplus of $60.3m and spent $144.6m on capital expenditures.
At the end of F2023, uOttawa has $762.5m in reserve funds ($1.4b in liquid assets less $658.0m in interest-bearing debt). $292.9m of these reserve funds are donor endowed. Excluding donor-endowed funds, uOttawa has enough reserve funds to cover 43% or five months of its annual program costs.
This charity report is an update that was sent for review to University of Ottawa. Changes and edits may be forthcoming.
Profile created on June 7, 2024 by Thea Clark.
Financial Review
Fiscal year ending April
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 6.3% | 4.6% | 5.0% |
| Fundraising costs as % of donations | 27.3% | 23.9% | 23.3% |
| Total overhead spending | 33.6% | 28.5% | 28.3% |
| Program cost coverage (%) | 43.4% | 48.0% | 64.0% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 23,509 | 24,187 | 24,868 |
| Government funding | 601,168 | 564,814 | 557,265 |
| Fees for service | 617,488 | 552,956 | 473,529 |
| Business activities (net) | (44,049) | (48,174) | (54,813) |
| Investment income | 37,714 | 34,039 | 156,304 |
| Other income | 56,010 | 41,448 | 55,398 |
| Total revenues | 1,291,840 | 1,169,270 | 1,212,551 |
| Program costs | 1,096,875 | 1,004,246 | 917,315 |
| Administrative costs | 79,217 | 52,177 | 53,008 |
| Fundraising costs | 6,421 | 5,772 | 5,788 |
| Other costs | 49,014 | 45,946 | 42,462 |
| Total spending | 1,231,527 | 1,108,141 | 1,018,573 |
| Cash flow from operations | 60,313 | 61,129 | 193,978 |
| Capital spending | 144,573 | 110,948 | 65,906 |
| Funding reserves | 762,490 | 756,574 | 875,647 |
Note: DEFERRED REVENUE: uOttawa uses deferred accounting. To show donors this information on a consistent basis, Ci adjusts for these deferred revenues. This affected revenue by $23.5m in F2023, $14.6m in F2022, and $39.3m in F2021. Deferred revenues were included in other revenue because the charity does not separate government and private deferred contributions in its audited financial statements. ENDOWMENT: Ci included contributions to the endowment fund in donations, affecting revenues by $4.6m in F2023, $6.7m in F2022, and $4.9m in F2021. Ci included investment income from the endowment fund in investment income, affecting revenue by $7.8m in F2023, ($26.6m) in F2022, and $38.2m in F2021. GOODS AND SERVICES: Ci reported goods and services on a net basis, affecting revenue and expenses by ($76.7m) in F2023, ($67.7m) in F2022, and ($68.0m) in F2021. AMORTIZATION: Ci removed amortization of donated deferred contributions related to capital assets from donations. This affected donations by ($3.8m) in F2023, ($3.9m) in F2022, and ($3.9m) in F2021.
Salary Information
$350k + |
3 |
$300k - $350k |
6 |
$250k - $300k |
1 |
$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 F2023
My anchor
Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 613-562-5700