Covenant Christian Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,573,825 | 1,520,037 | 53,788 | 3.4 | 0% |
| 2013 | 1,418,343 | 1,396,541 | 21,802 | 3.9 | 60% |
| 2014 | 1,574,392 | 1,510,661 | 63,731 | 4.1 | 63% |
| 2015 | 1,562,065 | 1,515,096 | 46,969 | 4.4 | 66% |
| 2016 | 1,607,155 | 1,658,375 | −51,220 | 3.7 | 61% |
| 2017 | 1,923,563 | 1,871,495 | 52,068 | 3.6 | 64% |
| 2018 | 1,989,336 | 2,075,120 | −85,784 | 2.8 | 67% |
| 2019 | 1,928,376 | 2,055,793 | −127,417 | 2.0 | 68% |
| 2020 | 1,882,826 | 2,025,175 | −142,349 | 1.2 | 64% |
| 2021 | 2,468,935 | 2,322,428 | 146,507 | 1.8 | 65% |
| 2022 | 2,712,844 | 2,396,918 | 315,926 | 6.5 | 64% |
| 2023 | 3,282,172 | 3,221,719 | 60,453 | 2.8 | 51% |
| 2024 | 2,776,821 | 2,800,045 | −23,224 | 3.2 | 52% |
In its most recent public year (2024), this organization spent $23,224 more than it brought in. Its reserves stood at about 3.2 months of spending. Staff pay was 52% of spending. $130,502 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 2024. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works