Covington Ladies Home
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,093,253 | 1,065,275 | 27,978 | 73.6 | 55% |
| 2011 | 965,168 | 1,041,235 | −76,067 | 66.1 | 55% |
| 2012 | 864,767 | 1,062,898 | −198,131 | 64.4 | 55% |
| 2013 | 1,041,488 | 1,052,350 | −10,862 | 72.2 | 56% |
| 2014 | 1,399,246 | 1,086,651 | 312,595 | 70.3 | 57% |
| 2015 | 1,251,755 | 1,180,464 | 71,291 | 61.7 | 60% |
| 2016 | 1,385,682 | 1,146,267 | 239,415 | 69.3 | 61% |
| 2017 | 1,115,544 | 1,090,209 | 25,335 | 79.4 | 62% |
| 2018 | 1,222,305 | 1,125,818 | 96,487 | 69.5 | 62% |
| 2019 | 2,178,079 | 1,123,217 | 1,054,862 | 74.5 | 60% |
| 2020 | 788,933 | 1,181,563 | −392,630 | 66.7 | 63% |
| 2021 | 620,878 | 1,359,979 | −739,101 | 51.2 | 53% |
| 2022 | 1,183,925 | 1,527,355 | −343,430 | 42.3 | 50% |
| 2023 | 768,279 | 1,656,222 | −887,943 | 32.9 | 51% |
In its most recent public year (2023), this organization spent $887,943 more than it brought in. Its reserves stood at about 32.9 months of spending, down from 73.6 in 2010. Staff pay was 51% of spending. $18,389 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
Covington Ladies Home'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