Covenant Shelter Of New London Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 448,664 | 436,411 | 12,253 | 21.1 | 59% |
| 2012 | 495,981 | 464,038 | 31,943 | 21.0 | 59% |
| 2013 | 479,107 | 521,821 | −42,714 | 17.9 | 58% |
| 2014 | 480,851 | 601,246 | −120,395 | 13.2 | 58% |
| 2015 | 599,076 | 722,802 | −123,726 | 10.1 | 55% |
| 2016 | 516,169 | 505,109 | 11,060 | 14.2 | 55% |
| 2017 | 429,164 | 495,951 | −66,787 | 12.2 | 66% |
| 2019 | 381,672 | 412,805 | −31,133 | 12.5 | 58% |
| 2020 | 402,845 | 379,493 | 23,352 | 14.3 | 66% |
| 2021 | 385,554 | 354,270 | 31,284 | 17.1 | 65% |
| 2022 | 402,233 | 383,773 | 18,460 | 15.9 | 61% |
| 2023 | 441,314 | 397,211 | 44,103 | 16.9 | 63% |
| 2024 | 467,398 | 403,956 | 63,442 | 18.7 | 66% |
In its most recent public year (2024), this organization brought in $63,442 more than it spent. Its reserves stood at about 18.7 months of spending, down from 21.1 in 2011. Staff pay was 66% 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 2024. 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