Universite de Sherbrooke

Analysis

Universite de Sherbrooke is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in September 2006, 20 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 Sherbrooke reported income of $580.4m and spending of $569.4m, spending 98% of its income. The sharpest change came in the year to April 2021, when income rose by 16%. 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 Sherbrooke 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 University of San Francisco ($575.5m), Trustees of the Smith College ($587.5m) and American University of Beirut ($573.5m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 81% and program service revenue 13% of the total. Other salaries and wages came to $377.6m. At year end it held assets of $1.06bn against liabilities of $1.10bn, net assets of -$35.2m.