Canopy Life International Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 539,372 | 254,938 | 284,434 | 13.4 | 20% |
| 2017 | 249,508 | 355,547 | −106,039 | 6.0 | 15% |
| 2018 | 877,851 | 469,307 | 408,544 | 15.0 | 12% |
| 2019 | 742,101 | 696,928 | 45,173 | 10.9 | 17% |
| 2020 | 779,440 | 562,534 | 216,906 | 18.1 | 28% |
| 2021 | 870,937 | 673,517 | 197,420 | 18.6 | 26% |
| 2022 | 1,139,133 | 1,005,641 | 133,492 | 14.0 | 19% |
| 2023 | 1,850,199 | 1,004,763 | 845,436 | 24.3 | 27% |
In its most recent public year (2023), this organization brought in $845,436 more than it spent. Its reserves stood at about 24.3 months of spending, up from 13.4 in 2016. Staff pay was 27% of spending. $1,174,825 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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