Covenant Place Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 230,001 | 254,507 | −24,506 | -40.1 | 0% |
| 2012 | 232,246 | 266,777 | −34,531 | -39.8 | 0% |
| 2013 | 227,878 | 270,124 | −42,246 | -41.2 | 0% |
| 2014 | 235,286 | 270,956 | −35,670 | -42.6 | 0% |
| 2015 | 243,125 | 288,384 | −45,259 | -41.9 | 0% |
| 2016 | 251,676 | 299,415 | −47,739 | -42.3 | 0% |
| 2017 | 279,957 | 299,619 | −19,662 | -43.1 | 0% |
| 2018 | 293,297 | 304,949 | −11,652 | -42.8 | 0% |
| 2019 | 299,389 | 315,061 | −15,672 | -42.0 | 0% |
| 2020 | 325,117 | 319,916 | 5,201 | -41.2 | 0% |
| 2021 | 317,279 | 326,050 | −8,771 | -40.7 | 0% |
| 2022 | 340,118 | 329,963 | 10,155 | -39.9 | 0% |
| 2023 | 328,918 | 338,366 | −9,448 | -39.2 | 0% |
In its most recent public year (2023), this organization spent $9,448 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-39.2 months). Staff pay was 0% 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 Place 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