Université de Montréal

2900, boul. Édouard-Montpetit
Montreal, QC H3T 1J4
Rector: Daniel Jutras
Secretary General: Alexandre Chabot

Charitable Reg. #:10816 0995 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) 83 cents are available for programs.

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About Université de Montréal:

Université de Montréal is a top-rated five-star charity and one of Canada's largest charities in terms of donations. As with most large universities, it has a high results reporting grade and is financially transparent. The charity has overhead spending within Ci's reasonable range. Its gross funding reserves, excluding donor endowments can cover six months of annual program costs.

Founded as the Université de Laval a Montréal in 1878, Université de Montréal is a public research university in Montreal, Québec. The university includes three schools: l’Université de Montréal (UdeM), l'École Polytechnique, and HEC Montréal.  The charity has 13 faculties and schools that offer 600 programs to students. The university’s main charitable programs are Education and Research for which it does not provide a spending breakdown.

A Charity Intelligence 2023 Top 100 Rated Charity

Université de Montréal reports that in fall 2023, it had 67,109 students enrolled, of which 44,173 were in UdeM, 13,128 in HEC Montréal, and 9,808 in Polytechnique Montréal. In 2023, Université de Montréal awarded 20,255 degrees, of which 13,553 were from Cycle One, 5,673 from Cycle Two, 654 from Cycle Three, and 375 from medical residency. According to the charity, full-time students make up 72% of the student body and part-time students make up 28%. Université de Montréal had 10,844 international students in fall 2023. 

The charity has 465 research units and is home to 146 Canada Research Chairs, four Canada Excellence Research Chairs, and one Canada 150 Research Chair. Université de Montréal also has two university-hospital research centres. The university reports that its library has 5 million books and documents.

In March 2023, Université de Montréal opened a new campus on Montreal’s South Shore. The new Brossard campus is 3,500 square-metres, has 12 classrooms and laboratories, and a 125-seat auditorium.

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Results and Impact

According to QS World Ranking, Université de Montréal ranks 141st among the world’s best universities. According to Research Infosource, the charity ranks fourth among Canadian universities for research income.

While Ci highlights these key results, they may not be a complete representation of Université de Montréal's results and impact. Charity Intelligence has not yet rated Université de Montréal on impact. This shows as (n/r).

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Université de Montréal is a Major 100 charity, one of Canada’s largest charities in terms of donations. In F2023, it received $102.9m in donations. The university received $901.1m in government funding (60% of total revenue) and $214.8m in student fees (14% of total revenue) during the year.

Université de Montréal earned $30.6m in investment income, representing a 6% annual return. Its average annual investment return from F2021 to F2023 is around 11%. The university’s portfolio is 15% composed of investments in hedge funds.

Administrative costs are 6% of total revenue excluding investment income. Fundraising costs are 12% of donations. This results in total overhead spending of 17%. For every dollar donated to the charity, 83 cents are available for programs. This is within Ci’s reasonable range for overhead spending. In F2023, the charity spent $1.1 billion on its programs, which is 71% of its revenues. In F2023, the charity had an operating cashflow of $314.2m, which is 21% of its revenues. Université de Montréal spent $136.6m on capital projects.

Université de Montréal has ($141.0m) in net reserve funds ($879.7m in liquid assets less $1.0 billion in interest-bearing debts) resulting in a negative program cost coverage. Its liquid assets also include $363.8m in donor-endowed funds. The university’s gross reserve funds, excluding donor-endowed funds, can cover program costs for around six months.

­­This charity report is an update that has been sent to Université de Montréal for review. Changes and edits may be forthcoming.

Updated on May 22, 2024 by Alessandra Castino.

Financial Review

Financial Ratios

Fiscal year ending April
Administrative costs as % of revenues 5.6%5.5%5.0%
Fundraising costs as % of donations 11.8%9.3%12.2%
Total overhead spending 17.4%14.7%17.2%
Program cost coverage (%) (48.6%)(52.3%)(63.5%)

Summary Financial Statements

All figures in $000s
Donations 102,934104,11480,291
Government funding 901,145862,817824,723
Fees for service 214,761207,008192,036
Business activities (net) 34,81832,63422,765
Investment income 30,62535,94788,901
Other income 207,878130,704182,897
Total revenues 1,492,1611,373,2241,391,613
Program costs 1,056,348992,202960,015
Administrative costs 81,43273,21365,544
Fundraising costs 12,1639,6579,787
Other costs 28,04826,59628,141
Total spending 1,177,9901,101,6671,063,487
Cash flow from operations 314,171271,557328,126
Capital spending 136,55495,66996,141
Funding reserves (140,957)(165,292)(264,102)

Note: DEFERRED REVENUES: Ci adjusted for deferred contributions affecting revenues by $165.7m in F2023, $90.7m in F2022, and $148.6m in F2021. Deferred contributions are included in other revenue because the charity does not separate government deferred contributions from private deferred contributions in its audited financial statements. INVESTMENT INCOME: Ci included unrealized investment gain (loss), change in fair value of derivative instruments, deferred investment income, and endowment investment income in revenue. This affects total revenues by $5.5m in F2023, $16.4m in F2022, and $74.0m in F2021. ENDOWMENT: Direct contributions to the endowment fund are included in donations, affecting revenues by $18.4m in F2023, $17.1m in F2022, and $10.5m in F2021. CAPITAL ASSETS: Gain on disposal of assets is not included in revenue, decreasing revenues by $186k in F2023, $553k in F2022, and $27k in F2021. FUNDRAISING COSTS: Ci reported fundraising costs from the charity’s T3010 filings with the CRA. 

Salary Information

Full-time staff: 5,628

Avg. compensation: $115,706

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 F2023

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.umontreal.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 514-343-6111


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Charitable Registration Number: 80340 7956 RR0001