The Covington Memorial Foundation For The Presbyterian Childrens Hom
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,410 | 55,445 | −46,035 | 124.0 | 0% |
| 2012 | 27,359 | 47,462 | −20,103 | 139.3 | 0% |
| 2013 | 23,802 | 47,573 | −23,771 | 133.2 | 0% |
| 2014 | 37,422 | 47,895 | −10,473 | 129.5 | 0% |
| 2015 | 19,577 | 44,845 | −25,268 | 131.8 | 0% |
| 2016 | 17,127 | 39,884 | −22,757 | 141.2 | 0% |
| 2017 | 32,259 | 14,378 | 17,881 | 406.3 | 62% |
| 2018 | 33,293 | 44,258 | −10,965 | 129.0 | 21% |
| 2019 | 50,626 | 35,095 | 15,531 | 168.0 | 25% |
| 2020 | 41,461 | 40,424 | 1,037 | 146.1 | 22% |
| 2021 | 59,633 | 42,436 | 17,197 | 144.1 | 24% |
| 2022 | 20,144 | 50,072 | −29,928 | 114.9 | 18% |
| 2023 | 13,424 | 16,286 | −2,862 | 350.8 | 51% |
In its most recent public year (2023), this organization spent $2,862 more than it brought in. Its reserves stood at about 350.8 months of spending, up from 124 in 2011. Staff pay was 51% 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
The Covington Memorial Foundation For The Presbyterian Childrens Hom'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