Covenant School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 154,642 | 146,593 | 8,049 | 1.0 | — |
| 2018 | 215,295 | 189,130 | 26,165 | 2.5 | 78% |
| 2019 | 379,123 | 300,975 | 78,148 | 4.7 | 80% |
| 2020 | 581,640 | 432,908 | 148,732 | 7.4 | 81% |
| 2021 | 794,083 | 584,113 | 209,970 | 11.4 | 74% |
| 2022 | 984,542 | 823,091 | 161,451 | 10.2 | 73% |
| 2023 | 1,228,910 | 1,214,479 | 14,431 | 7.2 | 75% |
In its most recent public year (2023), this organization brought in $14,431 more than it spent. Its reserves stood at about 7.2 months of spending, up from 1 in 2017. Staff pay was 75% 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 School'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