Universite de Montreal Succursale a Quebec

Analysis

Universite de Montreal Succursale a Quebec is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in May 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending April 2023, Universite de Montreal Succursale a Quebec reported income of $1.30bn and spending of $1.27bn, spending 97% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $1.12bn to $1.30bn (+16%), an average of +3.8% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Universite de Montreal Succursale a Quebec sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile. Charities of a similar size with the same main cause include Howard University ($1.27bn), City University Construction Fund ($1.31bn) and Wake Forest University Health Sciences ($1.22bn).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 76% and program service revenue 22% of the total. Other salaries and wages came to $638.4m. At year end it held assets of $4.22bn against liabilities of $3.45bn, net assets of $770.8m.