Southern Alberta Institute of Technology

1301 16 Ave NW
Calgary, AB T2M 0L4
President & CEO: David Ross
Board Chair: David Erickson

Charitable Reg. #:10799 5789 RR0001


Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 4/5]


Most recent Audited financial statements available on the charity’s website.



Grade based on the charity's public reporting of the work it does and the results it achieves.



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 77 cents are available for programs.

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About Southern Alberta Institute of Technology:

Southern Alberta Institute of Technology is a 4-star charity. It has an above-average results reporting grade and is financially transparent. Its overhead costs are within Ci’s reasonable range. Its reserve funds can cover program costs for around eight months. 

Founded in 1916, Southern Alberta Institute of Technology (SAIT) aims to be a global leader in applied education. Located in Calgary, Alberta, SAIT has career programs, continuing education courses, and corporate training courses. SAIT offers programs to students in eight schools– Business; Construction; Energy; Health and Public Safety; Hospitality and Tourism; Advanced Digital Technology; Manufacturing and Automation; Transportation.

In F2023, Southern Alberta Institute of Technology reported having a total enrolment of 15,622 full-time learning equivalents. Of these, 11,560 are domestic, and 4,062 are international. SAIT offered 28 apprentice programs and 5,157 apprentices were enrolled in F2023. It also held 575 continuing education and corporate training courses to 15,329 students.

SAIT has 77,000 square feet of specialized research labs. The university has four research centres, and in F2023 it received 47 grants from government and other sources.

Southern Alberta Institute of Technology was rated one of the top 10 research colleges in Canada in F2023 by Research Infosource Inc. 

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Results and Impact

In a 2023 employer satisfaction survey, Southern Alberta Institute of Technology reports that 90% of employers are satisfied with the quality of SAIT graduates, and 90% of employers agree that SAIT provides graduates with appropriate skills.

In a 2023 graduate survey, SAIT reports that 91% would recommend SAIT, 89% were satisfied with overall quality of teaching, and 91% were satisfied with the overall quality of their educational experience. 

Additionally, Southern Alberta Institute of Technology reports that in F2023 its graduates had a 91% employment rate, with 83% being employed in a field relating to their degrees.

While Ci highlights these key results, they may not be a complete representation of Southern Alberta Institute of Technology’s results and impact. 

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Southern Alberta Institute of Technology received total donations of $10.3m in F2023. It also received $247.2m in student fees and tuition (53% of revenues) and $157.9m in government funding (33% of revenues).

Administrative costs are 5% of revenues (excluding investment income) and fundraising costs are 18% of donations. This results in a total overhead spending of 23%.  For every dollar donated, 77 cents are available for programs. This is within Ci’s reasonable range for overhead spending. 

In F2023 SAIT spent $306.2m on its programs, which is 65% of total revenues. The charity had a surplus of $140.3m (30% of revenues), and no capital expenditures.

SAIT has net reserve funds of $261.1m ($364.6m in cash and investments less $103.5m in interest-bearing debts). In these reserve funds, $58.0m are endowed by donors. Excluding donor-endowed funds, SAIT can cover annual program costs for eight months.

This charity report is an update that has been sent to Southern Alberta Institute of Technology for review. Changes and edits may be forthcoming.  

Updated on June 13, 2024 by Alessandra Castino.

Financial Review

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 5.2%6.4%14.4%
Fundraising costs as % of donations 18.0%13.5%3.5%
Total overhead spending 23.2%19.9%17.9%
Program cost coverage (%) 67.0%61.7%61.6%

Summary Financial Statements

All figures in $000s
Donations 10,3479,57828,613
Goods in kind 7821740
Government funding 157,877161,564138,693
Fees for service 247,157133,98685,826
Business activities (net) 24,82720,28911,716
Investment income 8,1287,4094,128
Other income 23,5426,7130
Total revenues 472,660339,713268,976
Program costs 306,172267,938154,094
Administrative costs 24,32721,41738,235
Fundraising costs 1,8631,2921,004
Total spending 332,362290,647193,333
Cash flow from operations 140,29849,06675,643
Capital spending 0018,322
Funding reserves 261,106222,729153,887

Note: FISCAL YEAR END: In F2021, SAIT changed its fiscal year end from June to March. The available data for F2021 represents only a nine-month period ending on March 31, 2021. As a result, F2021 figures are not comparable. DEFERRED TUITION FEES: Ci adjusted for deferred tuition fees, affecting total revenues by $82.8m in F2023, $7.1m in F2022, and $11.5m in F2021. DEFERRED REVENUE: Ci adjusted for deferred revenue, affecting other revenue by $23.5m in F2023, $6.7m in F2022, and $8.8m in F2021. Ci included this in other revenue as the audited financial statements do not separate government and non-government deferred revenues. CAPITAL CONTRIBUTIONS: Ci removed expended capital contributions recognized as revenue, decreasing total revenues by $22.6m in F2023, $25.7m in F2022, and $18.8m in F2021. ENDOWMENT: Ci included endowment contributions, increasing donations by $1.4m in F2023, $1.2m in F2022, and $2.0m in F2021. Ci included endowment investment income, affecting investment income by $1.6m in F2022. GIFTS IN KIND: Ci included the gifts in kind as showcased in Note 13, increasing total revenues by $782k in F2023, $174k in F2022, and $901k in F2021. ACTIVITY-BASED COSTING: Ci reported fundraising costs from the charity’s T3010 filing with the CRA. AMORTIZATION: Ci removed amortization from program, administrative, and fundraising costs on a pro-rata basis.  

Salary Information

Full-time staff: 1,417

Avg. compensation: $131,285

Top 10 staff salary range:

$350k +
$300k - $350k
$250k - $300k
$200k - $250k
$160k - $200k
$120k - $160k
$80k - $120k
$40k - $80k
< $40k

Information from most recent CRA Charities Directorate filings for F2023

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Comments & Contact

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Charity Contact

This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 403-284-7248


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Charitable Registration Number: 80340 7956 RR0001