Covenant Medical Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 702,795,000 | 684,540,078 | 18,254,922 | 8.6 | 47% |
| 2021 | 776,913,978 | 806,671,919 | −29,757,941 | 8.6 | 44% |
| 2022 | 787,096,091 | 790,478,715 | −3,382,624 | 7.3 | 51% |
| 2023 | 793,294,499 | 777,451,585 | 15,842,914 | 7.8 | 50% |
In its most recent public year (2023), this organization brought in $15,842,914 more than it spent. Its reserves stood at about 7.8 months of spending. Staff pay was 50% 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
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