Simon Fraser University

Analysis

Simon Fraser University is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in April 2009, 17 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 March 2023, Simon Fraser University reported income of $656.3m and spending of $647.8m, spending 99% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $586.5m to $656.3m (+12%), an average of +2.9% a year. The sharpest change came in the year to March 2021, when income rose by 15%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Simon Fraser University 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 Western Governors University ($654.4m), Rensselaer Polytechnic Institute ($666.6m) and Hofstra University ($653.5m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 34% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $3.9m (0.6% of expenses). Other salaries and wages came to $354.0m. At year end it held assets of $2.07bn against liabilities of $1.15bn, net assets of $927.4m.