Canaan Housing Development Fund Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,523,757 | 1,507,079 | 16,678 | -29.4 | 14% |
| 2012 | 1,590,847 | 1,580,197 | 10,650 | -27.9 | 14% |
| 2013 | 1,585,439 | 1,653,435 | −67,996 | -27.2 | 14% |
| 2014 | 1,561,493 | 1,750,549 | −189,056 | -27.0 | 9% |
| 2015 | 1,589,200 | 1,725,418 | −136,218 | -28.3 | 14% |
| 2016 | 1,591,244 | 1,802,525 | −211,281 | -28.5 | 11% |
| 2017 | 1,780,651 | 1,760,661 | 19,990 | -29.1 | 12% |
| 2018 | 1,829,314 | 1,699,197 | 130,117 | -29.2 | 16% |
| 2019 | 1,848,009 | 1,645,500 | 202,509 | -28.7 | 18% |
| 2020 | 1,727,007 | 1,833,439 | −106,432 | -26.4 | 16% |
| 2021 | 1,748,676 | 1,765,516 | −16,840 | -27.6 | 16% |
| 2022 | 2,002,946 | 1,977,974 | 24,972 | -24.4 | 15% |
| 2023 | 2,421,846 | 2,019,431 | 402,415 | -21.6 | 15% |
In its most recent public year (2023), this organization brought in $402,415 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-21.6 months), up from -29.4 in 2011. Staff pay was 15% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Canaan Housing Development Fund Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works