Canaan Intitutional Baptist Church
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 162,538 | 167,435 | −4,897 | 4.8 | — |
| 2021 | 104,831 | 108,203 | −3,372 | 7.1 | — |
In its most recent public year (2021), this organization spent $3,372 more than it brought in. Its reserves stood at about 7.1 months of spending, up from 4.8 in 2020.
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 2021. 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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