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Ontario · Registered charity

Sinai Health System

Sinai Health System (Ontario) receives grants from 31 organizations whose Canada Revenue Agency filings report C$230,551,377 to it, the largest being SINAI HEALTH FOUNDATION (C$198,753,621). 18 of them have funded it in more than one year.

Revenue FY2024
C$898M
Funders on record
31
Grants received
C$231M
Net assets
C$-3347928
18/31 repeat funderspeak grant-dependency 5%
01What it does

What Sinai Health System does

Ongoing programs

Sinai Health System is a public teaching and research hospital. The hospital provides patient care teaches healthcare professionals conducts research and provides chronic care and rehabilitation services.

As stated on its FY2024 T3010.

02The 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$663M) Expenses 100 (C$646M)2018 Revenue 101 (C$667M) Expenses 100 (C$645M)2019 Revenue 104 (C$692M) Expenses 104 (C$670M)2020 Revenue 105 (C$698M) Expenses 106 (C$685M)2021 Revenue 119 (C$792M) Expenses 118 (C$765M)2022 Revenue 123 (C$813M) Expenses 121 (C$782M)2023 Revenue 121 (C$800M) Expenses 122 (C$789M)2024 Revenue 135 (C$898M) Expenses 135 (C$869M)
'17'18'19'20'21'22'23'24
Revenue (135)Expenses (135)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from C$1.6B to C$2.0B (+22%).

C$1.4B
C$1.5B
C$1.6B
C$1.6B
C$2.0B
C$2.0B
C$2.1B
C$2.1B
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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 78% · 2018 78% · 2019 79% · 2020 78% · 2021 83% · 2022 80% · 2023 79% · 2024 80%. Grants only. Government contracts and fees sit inside program revenue.

41% of Sinai Health System’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).

This organization
Typical peer · 104 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

C$17M
’17
C$22M
’18
C$22M
’19
C$13M
’20
C$27M
’21
C$31M
’22
C$10M
’23
C$29M
’24
6.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

The chief executive listed changed between the FY2017 and FY2018 filings.

'17'18'19'20'21'22'23'24
Listed3343404040414040
Joined·+13+5+2+2+3+4+3
No longer listed·3822253
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 13 funders to 12 funders, grant income rose C$31M → C$42M.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
total
Bridgepoint Healthunclassified
C$5.2M
C$1.5M
C$362k
C$46k
C$38k
C$3k
C$479
C$360
funders
13
12
10
12
10
12
12
12

From the CRA filings of Sinai Health System’s funders (the co-funder graph). Top 30 of 31 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

Sinai Health System leans on a few funders — its largest provides 86% of grant income and the top three 95%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder 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 Sinai Health System.

86%
largest funder
95%
top three
~1
effective funders

Largest funder’s share by year: 2017 89% · 2018 89% · 2019 89% · 2020 89% · 2021 89% · 2022 58% · 2023 83% — 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

45% of Sinai Health System's funders are still giving 3 years after their first grant; 58% 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

100% of Sinai Health System'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. 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.

04Its place in the field

Against its field

Sinai Health System runs a healthier operating margin than three-quarters of the 146 core health care nonprofits its size.

Operating margin3% · top quartile
Months of reserve6.6mo · top quartile
Revenue growth (annualized)4% · bottom quartile

this organization peer median middle 50% of peers· 146 core health care nonprofits over $100M, FY2024

Government revenue Sinai Health System reports

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

FY2024C$715M
17
18
19
20
21
22
23
24
  • 80% of FY2024 revenue
  • As filed, not traced to an award

Organizations like Sinai Health System

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

05Profile & governance

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

Where the money goes

92% of spending goes to programs.

Program 92%Management 8%Fundraising 0%

Governance

40
board members

Questions and answers

Who funds Sinai Health System?
Sinai Health System (Ontario) receives grants from 31 organizations whose Canada Revenue Agency filings report C$230,551,377 to it, the largest being SINAI HEALTH FOUNDATION (C$198,753,621). 18 of them have funded it in more than one year.
How many funders does Sinai Health System have?
Canada Revenue Agency filings report 31 organizations giving C$230,551,377 in grants to Sinai Health System, 18 of which have funded it in more than one year.
Who is the largest funder of Sinai Health System?
SINAI HEALTH FOUNDATION is the largest funder on record, with C$198,753,621 in grants. The full list of funders is on this page.
How can an organization like Sinai Health System 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 31 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 October 14, 2026. What this page cannot tell you · View the T3010 on the CRA register