Covenant Recovery Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 184,678 | 142,337 | 42,341 | 2.2 | — |
| 2013 | 297,001 | 265,783 | 31,218 | 2.6 | 27% |
| 2014 | 380,910 | 344,571 | 36,339 | 3.3 | 32% |
| 2015 | 711,547 | 410,337 | 301,210 | 11.6 | 32% |
| 2016 | 1,251,925 | 1,090,340 | 161,585 | 6.3 | 34% |
| 2017 | 2,533,743 | 2,042,382 | 491,361 | 3.9 | 45% |
| 2018 | 1,891,745 | 1,879,988 | 11,757 | 4.3 | 59% |
| 2019 | 1,691,349 | 1,764,199 | −72,850 | 5.1 | 67% |
| 2020 | 1,847,339 | 1,675,649 | 171,690 | 6.6 | 54% |
| 2021 | 1,711,087 | 1,778,781 | −67,694 | 5.7 | 51% |
| 2022 | 1,519,969 | 1,656,540 | −136,571 | 5.2 | 46% |
| 2023 | 1,946,046 | 2,001,087 | −55,041 | 4.0 | 51% |
In its most recent public year (2023), this organization spent $55,041 more than it brought in. Its reserves stood at about 4 months of spending, up from 2.2 in 2012. Staff pay was 51% of spending.
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 Recovery Inc'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