Statement of revenue and expenditures

Disclaimer

We do not guarantee the accuracy of this copy of the CRA website.

Scraped Page Content

Statement of revenue and expenditures

Use the lists on this page to help record your revenue and expenditures. You do not have to use the same categories that are on the T3010 return.

Revenue – earned or received

  • donations
  • gifts from other registered charities
  • government grants
  • interest and investment income
  • income from the sale of property or goods and services
  • rental income
  • fees
  • income from fundraising

Note

Pledges are considered revenue only in the fiscal period in which the gift is actually received.

Expenditures – incurred or paid

  • advertising and promotion
  • travel and vehicle
  • interest and bank charges
  • office supplies and expenses
  • salaries, wages, benefits, honoraria
  • occupancy costs (for example, rent, mortgage, utilities, maintenance)

Keep track of your expenditures during the fiscal period so that you can justify the amounts on your return.

Net income or loss

This is the difference between your revenues and expenditures (that is, your surplus or deficit for the year).

Date modified:
2016-02-22