CSCharityScored
85

Canaan Utilities Corporation

Other · Canaan, Indiana

Po Box 13, Canaan, IN 47224-0013

EIN: 351163038· Founded: May 1970· 56 years active· Filing Year: 2023

Annual Revenue

$1.1M

Total Expenses

$822K

Total Assets

$5.0M

Program Spending

131%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$14K

1.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$163K

Total Payroll

$177K

22% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 22%
Other overhead: -31%
Program Revenue$1.1M (97%)
Total Expenses$822K (74%)
Payroll$177K (22%)
Overhead (non-program)-31%

Trust Score Breakdown

Program Spending Ratio

131% of expenses go to programs

40%

Revenue & Stability

$1.1M annual revenue

15%

Executive Compensation

$14K total officer comp (1.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$5.0M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.