Knox College
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Knox College educates people to think deeply about God, live authentically in Christian faith, and lead courageously in shifting spiritual and social landscapes. It is a Christian theological school in the Reformed Protestant tradition which offers academic degree programs at the post-baccalaureate level. A seminary of The Presbyterian Church in Canada, Knox is a federated College of the University of Toronto, and a founding member of the Toronto School of Theology. Knox College is accredited by the Association of Theological Schools in the United States and Canada.
- Income
- $5.2 million
- Spending
- $3.7 million
- Spent on programs
- 100%
- Reserves
- 85.1 months of spending
- Largest source of income
- donations and private grants, 54%
- Employees
- 24
- Volunteers
- 17
- Highest pay
- $150,791, officer
Source: Form 990 for the year ending April 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 88 out of 100. Higher than 78% of charities in its peer group (education, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 85.1 months of spending.
Debt
10 of 20It owes 31% of what it owns.
Living within its means
15 of 15Income exceeded spending by 28% of income.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending April 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 82 out of 100. Higher than 42% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2518 of 18 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending April 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $1.8 million spent. Academic Programs - This program covers all activities required to deliver Knox College's academic degrees and certificates. It includes instruction, curriculum development, classroom teaching, academic administration, student advising, and program assessment. Expenses also include salaries and benefits for Faculty and academic support staff, library services, technology required for course delivery, and all other costs associated with providing accredited theological education.
- $223,691 spent. Continuing education, professional development, and practical ministry formation - This aspect of the College's focus is facilitated by The Ministry Forum: Centre for Lifelong Learning and Theological Field Education, focusing on professional formation, continuing education, professional development, and practical ministry formation for students, clergy, and lay leaders. The Ministry Forum: Centre for Lifelong Learning offers workshops, seminars, and certificate programs to support ongoing vocational growth. Activities include coordination with partner congregations, training of supervisors, and delivery of lifelong learning courses to the wider church community. Theological Field Education oversees all placements and supervises student learning in ministry contexts.
- $9,482 spent. Knox College Counselling Centre - This program offers accessible, professional mental health services to students and members of the wider community. It provides individual counselling, group therapy, and referrals, while also serving as a training site for supervised graduate-level counsellors. Program activities include client intake, assessment, therapy sessions, supervision of interns, and the development of wellness resources that support the emotional, psychological, and spiritual wellbeing of those the Centre serves.
- $1.7 million spent. Administration and Other Services
Source: Form 990 for the year ending April 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending April 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2022.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.