Financial Highlights

Message from Our Chief Operating
Officer and Treasurer

Pathways to Education is thrilled to report a year of financial growth, thanks to the generous ongoing support of our government funders and donors across the country. Their combined investment of more than $41 million in FY24 demonstrates their continued belief in the Pathways Program and its ability to equip youth living in low-income communities with the supports they need to achieve success.

Like many other non-profit organizations, we continued to weather a challenging donor landscape with overall charitable giving continuing to decline in 2023. Despite this hurdle, last year Pathways saw an increase in private donations compared to the previous fiscal year—a strong indication of donor confidence in our mission.

This support allowed us to continue to spend the majority of funds in areas directly helping the students we serve and strategically invested in priority areas that are necessary for program sustainability. Our goal this year was to increase enrolment at existing program locations, and we saw an increase in grants to Pathways Program Partners totalling up to $23.1 million, with an additional $1.6 million allocated to student scholarships. We also invested $3.4 million in program growth, expansion, and innovation—including the development of technology designed to streamline program delivery and create efficiencies for program staff in communities across the country. As a result of this strong financial stewardship, student enrolment numbers are at an all-time high.

We look forward to continuing this momentum through careful and strategic fiscal planning as we continue to support more young people living in low-income communities to build the foundation for a stronger future.

Pauline Yick
Chief Operating Officer
Pathways to Education Canada

Katherine Gibson
Treasurer, Board of Directors
Pathways to Education Canada