Covenant Community Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 407,194 | 431,499 | −24,305 | 7.3 | 50% |
| 2012 | 414,518 | 446,624 | −32,106 | 6.2 | 55% |
| 2013 | 426,879 | 460,674 | −33,795 | 5.1 | 47% |
| 2014 | 426,153 | 482,663 | −56,510 | 3.5 | 51% |
| 2015 | 609,236 | 446,250 | 162,986 | 8.1 | 44% |
| 2016 | 655,071 | 546,264 | 108,807 | 9.0 | 50% |
| 2017 | 629,963 | 528,933 | 101,030 | 11.6 | 51% |
| 2018 | 989,421 | 564,531 | 424,890 | 20.0 | 48% |
| 2019 | 1,392,529 | 757,241 | 635,288 | 25.0 | 44% |
| 2020 | 898,725 | 1,072,528 | −173,803 | 15.9 | 49% |
| 2021 | 1,029,941 | 1,022,619 | 7,322 | 17.0 | 46% |
| 2022 | 1,286,166 | 1,314,256 | −28,090 | 13.0 | 48% |
| 2023 | 1,548,086 | 1,666,208 | −118,122 | 9.4 | 53% |
In its most recent public year (2023), this organization spent $118,122 more than it brought in. Its reserves stood at about 9.4 months of spending, up from 7.3 in 2011. Staff pay was 53% of spending. $140,368 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 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 Community 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