Canaan Baptist Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,039,221 | 1,088,970 | −49,749 | -17.6 | 0% |
| 2012 | 1,020,955 | 1,125,184 | −104,229 | -18.2 | 0% |
| 2013 | 1,083,076 | 1,033,821 | 49,255 | -19.2 | 0% |
| 2014 | 4,659,979 | 1,012,489 | 3,647,490 | 23.6 | 0% |
| 2015 | 1,481 | 0 | 1,481 | — | — |
| 2016 | 5 | 424 | −419 | 40420.3 | 0% |
| 2017 | 13,981 | 7,019 | 6,962 | 2453.6 | 0% |
| 2018 | 7,061 | 7,072 | −11 | 2435.2 | 0% |
| 2019 | 10,064 | 7,080 | 2,984 | 2437.5 | 0% |
| 2020 | 9 | 45 | −36 | 383488.8 | 0% |
| 2021 | 20,228 | 11,182 | 9,046 | 1553.0 | 0% |
| 2022 | 20,236 | 19,558 | 678 | 888.3 | 0% |
| 2023 | 584,031 | 101,763 | 482,268 | 227.6 | 0% |
In its most recent public year (2023), this organization brought in $482,268 more than it spent. Its reserves stood at about 227.6 months of spending, up from -17.6 in 2011. Staff pay was 0% 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
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