Covenant House
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 56,690,665 | 62,141,074 | −5,450,409 | 14.0 | 11% |
| 2012 | 60,747,137 | 63,299,366 | −2,552,229 | 11.9 | 11% |
| 2013 | 58,735,323 | 66,098,655 | −7,363,332 | 9.9 | 11% |
| 2014 | 62,898,623 | 64,100,185 | −1,201,562 | 10.2 | 10% |
| 2015 | 66,780,491 | 68,977,475 | −2,196,984 | 8.3 | 11% |
| 2016 | 68,613,155 | 72,503,542 | −3,890,387 | 6.1 | 13% |
| 2017 | 70,622,577 | 72,885,560 | −2,262,983 | 6.3 | 13% |
| 2018 | 85,149,978 | 72,205,214 | 12,944,764 | 9.2 | 12% |
| 2019 | 70,452,876 | 70,935,940 | −483,064 | 8.8 | 14% |
| 2020 | 93,310,785 | 78,169,379 | 15,141,406 | 8.6 | 14% |
| 2021 | 87,221,273 | 83,775,489 | 3,445,784 | 9.6 | 15% |
| 2022 | 154,746,645 | 92,946,496 | 61,800,149 | 16.7 | 15% |
| 2023 | 88,308,947 | 93,499,670 | −5,190,723 | 16.4 | 18% |
In its most recent public year (2023), this organization spent $5,190,723 more than it brought in. Its reserves stood at about 16.4 months of spending, up from 14 in 2011. Staff pay was 18% of spending. $18,176,172 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Covenant House's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works