Canton College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 4,982,176 | 3,633,334 | 1,348,842 | 61.7 | 19% |
| 2022 | 5,820,114 | 3,866,743 | 1,953,371 | 55.0 | 18% |
| 2023 | 5,163,091 | 4,493,390 | 669,701 | 51.9 | 16% |
| 2024 | 5,764,697 | 4,449,903 | 1,314,794 | 58.5 | 17% |
In its most recent public year (2024), this organization brought in $1,314,794 more than it spent. Its reserves stood at about 58.5 months of spending, down from 61.7 in 2021. Staff pay was 17% of spending. $19,046,902 of its net assets are donor-restricted.
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 2024. 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
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