Covenant Health Network
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 2,020,820 | 1,622,498 | 398,322 | 15.4 | 33% |
| 2011 | 2,090,060 | 1,608,779 | 481,281 | 19.9 | 38% |
| 2012 | 2,231,936 | 2,156,754 | 75,182 | 13.4 | 28% |
| 2013 | 2,223,204 | 2,594,074 | −370,870 | 10.3 | 28% |
| 2014 | 2,163,587 | 2,518,896 | −355,309 | 7.1 | 34% |
| 2015 | 2,589,954 | 2,545,957 | 43,997 | 6.8 | 42% |
| 2016 | 2,907,751 | 2,913,293 | −5,542 | 4.6 | 38% |
| 2017 | 2,491,230 | 2,825,342 | −334,112 | 2.5 | 41% |
| 2018 | 3,336,396 | 3,016,668 | 319,728 | 3.7 | 42% |
| 2019 | 2,443,425 | 2,572,231 | −128,806 | 3.6 | 50% |
| 2020 | 2,132,172 | 2,387,732 | −255,560 | 2.6 | 54% |
| 2021 | 3,272,102 | 3,339,395 | −67,293 | 3.5 | 42% |
| 2022 | 2,351,974 | 2,749,025 | −397,051 | 2.5 | 52% |
| 2023 | 3,797,024 | 3,626,702 | 170,322 | 2.1 | 38% |
In its most recent public year (2023), this organization brought in $170,322 more than it spent. Its reserves stood at about 2.1 months of spending, down from 15.4 in 2010. Staff pay was 38% 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 Health Network'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