Covenant Home Services
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 10,504,136 | 14,581,597 | −4,077,461 | -9.6 | 60% |
| 2013 | 11,522,196 | 13,971,168 | −2,448,972 | -12.1 | 62% |
| 2015 | 15,168,730 | 16,477,675 | −1,308,945 | -12.1 | 63% |
| 2016 | 23,788,323 | 17,458,126 | 6,330,197 | -7.1 | 66% |
| 2017 | 18,427,927 | 19,063,622 | −635,695 | -6.9 | 64% |
| 2018 | 20,703,697 | 22,143,291 | −1,439,594 | -6.7 | 61% |
| 2019 | 11,684,578 | 11,516,888 | 167,690 | -9.0 | 58% |
| 2020 | 17,993,921 | 17,917,933 | 75,988 | -5.8 | 58% |
| 2021 | 19,945,010 | 17,273,118 | 2,671,892 | -4.1 | 56% |
| 2022 | 17,696,111 | 17,272,779 | 423,332 | -3.8 | 58% |
| 2023 | 17,349,016 | 16,638,298 | 710,718 | -3.4 | 59% |
In its most recent public year (2023), this organization brought in $710,718 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-3.4 months), up from -9.6 in 2012. Staff pay was 59% of spending. $146,113 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 Home Services'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