Canton Community Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 781,711 | 529,475 | 252,236 | 99.7 | 19% |
| 2021 | 933,190 | 657,595 | 275,595 | 99.6 | 15% |
| 2022 | 1,312,348 | 648,049 | 664,299 | 91.7 | 19% |
| 2023 | 1,691,011 | 1,834,011 | −143,000 | 34.8 | 7% |
In its most recent public year (2023), this organization spent $143,000 more than it brought in. Its reserves stood at about 34.8 months of spending, down from 99.7 in 2020. Staff pay was 7% of spending. $95,194 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 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
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