Covenant Health
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 133,439,051 | 98,714,468 | 34,724,583 | 35.8 | 40% |
| 2012 | 122,016,773 | 102,116,391 | 19,900,382 | 37.2 | 42% |
| 2013 | 119,049,882 | 105,539,371 | 13,510,511 | 41.9 | 46% |
| 2014 | 145,249,747 | 111,872,633 | 33,377,114 | 39.7 | 47% |
| 2015 | 134,207,604 | 112,630,072 | 21,577,532 | 38.2 | 48% |
| 2016 | 127,567,527 | 127,392,929 | 174,598 | 49.2 | 45% |
| 2017 | 184,539,673 | 129,063,137 | 55,476,536 | 62.5 | 46% |
| 2018 | 193,250,266 | 166,435,527 | 26,814,739 | 36.2 | 37% |
| 2019 | 259,416,121 | 153,436,488 | 105,979,633 | 49.5 | 42% |
| 2020 | 186,599,540 | 160,638,163 | 25,961,377 | 53.9 | 42% |
| 2021 | 188,217,463 | 163,022,804 | 25,194,659 | 67.6 | 44% |
| 2022 | 220,269,899 | 180,206,350 | 40,063,549 | 39.2 | 44% |
| 2023 | 207,141,823 | 191,450,181 | 15,691,642 | 43.3 | 43% |
In its most recent public year (2023), this organization brought in $15,691,642 more than it spent. Its reserves stood at about 43.3 months of spending, up from 35.8 in 2011. Staff pay was 43% 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 Health'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