The Canadian Government requires all charities to disclose all their financial information.

Here is a link for 2016 Registered charity information return for The Church of Jesus Christ of Latter-Day Saints in Canada

http://www.cra-arc.gc.ca/ebci/haip/srch/t3010form23-eng.action?b=826344632RR0001&fpe=2016-12-31&n=The+Church+of+Jesus+Christ+of+Latter-Day+Saints+in+Canada&r=http%3A%2F%2Fwww.cra-arc.gc.ca%3A80%2Febci%2Fhaip%2Fsrch%2Fbasicsearchresult-eng.action%3Fk%3DChurch%2Bof%2BJesus%2BChrist%2Bof%2Blatter%2Bday%2Bsaints%26amp%3Bs%3Dregistered%26amp%3Bp%3D1%26amp%3Bb%3Dtrue


Some Highlights.


Revenue
Tithing: $ 167,599,042
Total revenue: $ 176,584,725

Expenditures
Total expenditures on charitable activities $ 109,201,598
Total amount of gifts to BYU $ 109,875,108
Total expenditures $ 219,465,068

Assets
Cash, etc $ 96,857,546
Land and buildings in Canada $ 879,500,323
Total assets $ 681,577,668

Liabilities
Total liabilities $ 6,467,352

Interesting notes:
Gifts made outside of Canada
Brigham Young University $ 60,000,000
Brigham Young University - Idaho $ 39,000,000
Brigham Young University - Hawaii $ 10,875,108

Total $ 109,875,108

65% of all funds collected in Canada is moved to the United States to the 3 Church owned Universities.

Activities outside Canada
Total expenditures on activities/​programs/​projects carried on outside Canada, Except BYU. $ 1,035,936

Compensation:
Number of permanent, full-time, compensated positions: 300
Total expenditure on all compensation $ 14,864,011
Average Salary: $ 49,547
Summary of highest compensated positions
7: $80,000 - $119,999
3: $120,000 - $159,999

For previous years go to this link:

http://www.cra-arc.gc.ca/ebci/haip/srch/t3010form22QuickView-eng.action?b=826344632RR0001&fpe=2012-12-31&r=http%3A%2F%2Fwww.cra-arc.gc.ca%3A80%2Febci%2Fhaip%2Fsrch%2Fbasicsearchresult-eng.action%3Fk%3DChurch%2Bof%2BJesus%2BChrist%2Bof%2Blatter%2Bday%2Bsaints%26amp%3Bs%3Dregistered%26amp%3Bp%3D1%26amp%3Bb%3Dtrue

The Mormon church is still moving a huge chunk of tithing out of Canada in the only legal manner that it is allowed to do so (by sending it to educational institutions, meaning the BYU campuses.) I'm at a loss as to why so many Canadian Mormons would consider this acceptable.

If my math is correct, the church is moving a minimum of nearly $50K per Canadian BYU student per year out of Canada. It is probably more than that.

BYU-I Appx. 937 Canadian students per BYU-I (2015) Canadian students are about 25% of the international students

BYU-H Appx. 279 Canadian students (with a guess that the Canadians are also 25% of international students on this campus, which is probably high) Total student enrollment = 2,718 with 41% of them being international (2015-16)

BYU-Provo Appx. 978 Canadian students (with a guess that the Canadians are 50% of the international students, which may be high) 32,615 total enrollment with international students comprising 6% (current stats from BYU's website)



Edited 1 time(s). Last edit at 08/17/2017 11:12PM by summer.

It would be interesting to see how much money goes out of Utah to support Mormonism outside the Western US.

Thanks for the stats!

Canadians are not stupid

This very question came up with Jesus, as written in Matthew 22 17:22.


17 Tell us, then, what you think. Is it lawful to pay taxes to the Canadian government, or not?”

18 But Jesus, aware of their malice, said, “Why are you putting me to the test, you hypocrites?

19 Show me the coin used for the tax.” And they brought him a dollar coin.

20 Then he said to them, “Whose head is this, and whose title?”

21 They answered, “Queen Elizabeth the second.” Then he said to them, “Give therefore to the queen the things that are not donations to prescribed universities outside Canada, and to God the things that are God’s.”

22 When they heard this, they were amazed at Jesus' understanding of tax loopholes; and they left him and went away.

(Source, slightly edited: https://www.biblegateway.com/passage/?search=Matthew+22%3A17-22&version=NRSV)

A comparison to the Australian return makes for interesting analysis.

Link to Australian return:
https://www.acnc.gov.au/RN52B75Q?ID=85D8EA33-FDD3-4BF6-B79E-458973FF1CD1&noleft=1

For starters, per unit (wards + branches) Canada rakes in 3.6 x as much as Australian units in revenue, which is a huge difference. Australia obviously doesn't donate to the Educate the Poor American Mormon fund because the same tax loophole does not exist, so that is $109 million lower costs for Australia. Occupancy costs are much higher in Canada. Canada has much more amortization/depreciation than Australia. Canada has a huge $19.7 million bucket for "other expenses".

Even though total liabilities per unit are almost the same, Canada's total assets per unit are 49.6 times higher than Australia's. We must be talking about completely different operations if Canada needs 50x the capital per active member.

Does anyone know of operational differences between Canada and Australia?

Since they have $5M in "retained earnings" I guess they were making money in previous years.

Of course the loss will have to be rectified by firing the custodial and landscape maintenance staff and making the members spend more time in the meeting houses cleaning and mowing.

Does anyone know about what Universities cost to run? I understand that student tuition would not be enough to cover expenses, in general. I also know BYU is pretty affordable, tuition-wise, compared to very inflated tuition even in public Universities. But still - isn't that a huge amount of money to keep a school running? Is this an indication that someone (cough - GA's and other inner circle people) is skimming off a bunch of money? I was a BYU student (fine- it was 28 years ago). It wasn't like the facilities were that posh. Even in the theater department, where you expect it's going to cost some money to mount a production, it was still tight and thrifty.

You can get data from public universities about how much it costs them to educate each student. For a rough idea, look at out-of-state tuition rates for a public university, since out-of-state students generally pay full freight. Research universities cost more to run than colleges that focus solely on educating undergraduates.

If you look at the figure that I quoted above, Canadians (through their tithing money) and sending a *minimum* of $50K per year, per student, to BYU. There is no way that it costs BYU $50K per year to educate an undergraduate student (or even most graduate students.) Canadian Mormons are essentially subsidizing the college education of American students.

And as I said, the $50K is a conservative estimate. It could be 60, 70, or even 80 thousand per Canadian student per year.



Edited 1 time(s). Last edit at 08/18/2017 05:17PM by summer.

in 2015-16 which covers 10 campuses.
http://regents.universityofcalifornia.edu/regmeet/nov14/f1attach2.pdf

University of Utah approximately $3 billion
http://www.obia.utah.edu/budget/expenses/pdf/tablee1.pdf