DQ14. What if a charity spends more than the disbursement quota in its fiscal year?

DQ14. What if a charity spends more than the disbursement quota in its fiscal year?

If a registered charity spends more on its charitable activities or by way of gifts to qualified donees than the disbursement quota in its fiscal year, this is known as a disbursement excess. Disbursement excesses can be carried forward for five years or carried back one year.