Non-profit organizations and the income accumulation minefield
The CRA's general position is that a non-profit organization (NPO) may earn a limited profit as long as it is incidental to and arising from activities that are directly connected to its not-for-profit purposes. This is essentially a given, as it is not practical to expect an NPO to spend every penny it earns in the same year that it earns it. That being said, there are a few ways for an NPO to run into problems...
