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Ontario · Registered charity

LAKEHEAD UNIVERSITY

LAKEHEAD UNIVERSITY (Ontario) receives grants from 86 organizations whose Canada Revenue Agency filings report C$5,755,395 to it, the largest being The Joyce Family Foundation (C$1,000,000). 57 of them have funded it in more than one year.

C$229M
Revenue FY2024
86
Funders on record
C$5.8M
Grants received
C$104M
Net assets
57/86 repeat funderspeak grant-dependency 1%

Against its field

LAKEHEAD UNIVERSITY runs a healthier operating margin than half of the 220 teaching institutions nonprofits its size.

Operating margin3% · above the median
Months of reserve2.0mo · above the median
Revenue growth (annualized)3% · bottom quartile

this organization peer median middle 50% of peers· 220 teaching institutions nonprofits over $100M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 (C$185M) Expenses 100 (C$179M) Net assets 100 (C$104M)2018 Revenue 100 (C$186M) Expenses 104 (C$186M) Net assets 102 (C$106M)2019 Revenue 114 (C$210M) Expenses 113 (C$201M) Net assets 107 (C$112M)2020 Revenue 108 (C$200M) Expenses 111 (C$199M) Net assets 282 (C$293M)2021 Revenue 107 (C$198M) Expenses 105 (C$188M) Net assets 106 (C$110M)2022 Revenue 100 (C$185M) Expenses 115 (C$205M) Net assets 89 (C$92M)2023 Revenue 117 (C$217M) Expenses 119 (C$213M) Net assets 100 (C$104M)2024 Revenue 124 (C$229M) Expenses 124 (C$221M) Net assets 100 (C$104M)
'17'18'19'20'21'22'23'24
Revenue (124)Expenses (124)Net assets (100)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 42% · 2018 42% · 2019 50% · 2020 40% · 2021 40% · 2022 43% · 2023 40% · 2024 34%. Grants only. Government contracts and fees sit inside program revenue.

2% of LAKEHEAD UNIVERSITY’s revenue is contributions — more reliant on donations than three-quarters of its peers (0% for the typical peer).

This organization
Typical peer · 208 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

C$6.3M
’17
C$1k
’18
C$9.0M
’19
C$1.5M
’20
C$11M
’21
−C$20M
’22
C$3.6M
’23
C$7.6M
’24
2.0
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 33 funders to 30 funders, grant income fell C$1.1M → C$650k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
total
C$1.0M
C$508k
Actuaunclassified
C$474k
C$228k
C$110k
C$100k
C$81k
C$75k
C$60k
C$58k
Right To Foodunclassified
C$45k
Toronto Foundationunclassified
C$42k
C$37k
funders
33
29
32
33
29
37
30
36

From the CRA filings of LAKEHEAD UNIVERSITY’s funders (the co-funder graph). Top 30 of 86 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

How concentrated its funding is

LAKEHEAD UNIVERSITY has a broad base — no single funder exceeds 17% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LAKEHEAD UNIVERSITY.

17%
largest funder
38%
top three
~14
effective funders

Largest funder’s share by year: 2017 45% · 2018 60% · 2019 27% · 2020 26% · 2021 28% · 2022 26% · 2023 15% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

How long its funders stay

43% of LAKEHEAD UNIVERSITY's funders are still giving 3 years after their first grant; 66% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

80% of LAKEHEAD UNIVERSITY's grant income comes from Ontario funders.

In-province vs out-of-province, by year

’17
’18
’19
’20
’21
’22
’23
Ontario out of province

Funder regions come from each funder’s own filing. C$218k arriving through sponsors registered in 1 region is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 86 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government revenue LAKEHEAD UNIVERSITY reports

Federal, provincial and municipal funding on the organization’s own T3010 return.

FY2024C$77M
17
18
19
20
21
22
23
24
  • 34% of FY2024 revenue
  • As filed, not traced to an award

Organizations like LAKEHEAD UNIVERSITY

Organizations whose mission and program text most resemble this one, by semantic similarity over every charity on the CRA register — the closest peers, and often the clearest route to shared or prospective funders.

In Ontario

Nationally

04Profile & governance

Read directly from this organization’s own T3010 return, as neutral context.

Where the money goes

0% of spending goes to programs.

Program 0%Management 91%Fundraising 9%

Governance

5
board members

Questions and answers

Who funds LAKEHEAD UNIVERSITY?
LAKEHEAD UNIVERSITY (Ontario) receives grants from 86 organizations whose Canada Revenue Agency filings report C$5,755,395 to it, the largest being The Joyce Family Foundation (C$1,000,000). 57 of them have funded it in more than one year.
How many funders does LAKEHEAD UNIVERSITY have?
Canada Revenue Agency filings report 86 organizations giving C$5,755,395 in grants to LAKEHEAD UNIVERSITY, 57 of which have funded it in more than one year.
Who is the largest funder of LAKEHEAD UNIVERSITY?
The Joyce Family Foundation is the largest funder on record, with C$1,000,000 in grants. The full list of funders is on this page.
How can an organization like LAKEHEAD UNIVERSITY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ontario.

These figures are read directly from the CRA's published T3010 data: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 86 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported September 23, 2026. What this page cannot tell you · View the T3010 on the CRA register