Canaan Land Community Center

Analysis

Canaan Land Community Center is a registered charity in United States, based in Marion, SC. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Canaan Land Community Center reported income of $132k and spending of $123k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $132k (+3.8%), an average of +3.8% a year. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Canaan Land Community Center sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 50th percentile within SC. Charities of a similar size with the same main cause include Spokane Slavic Association ($132k), Clearwater County Senior Citizens Inc ($132k) and Coordinated Intervention System for Domestic Abuse Inc ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1,250 (1.0% of expenses). Other salaries and wages came to $52k. At year end it held assets of $778k against liabilities of $408k, net assets of $370k. It reported 11 employees.