Covenant Home
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 3,970,395 | 4,024,722 | −54,327 | 8.3 | 56% |
| 2011 | 4,812,848 | 4,439,336 | 373,512 | 8.4 | 56% |
| 2012 | 4,723,748 | 4,521,698 | 202,050 | 9.0 | 57% |
| 2013 | 4,794,096 | 4,901,578 | −107,482 | 8.2 | 55% |
| 2014 | 4,936,430 | 4,852,388 | 84,042 | 8.6 | 56% |
| 2015 | 4,971,416 | 4,999,331 | −27,915 | 8.2 | 57% |
| 2016 | 5,108,667 | 5,019,444 | 89,223 | 8.5 | 57% |
| 2017 | 5,219,425 | 5,183,572 | 35,853 | 8.4 | 58% |
| 2018 | 5,228,575 | 5,136,375 | 92,200 | 8.4 | 60% |
| 2019 | 5,855,054 | 5,548,078 | 306,976 | 9.0 | 58% |
| 2020 | 6,076,628 | 5,640,251 | 436,377 | 9.8 | 58% |
| 2021 | 5,651,688 | 5,285,467 | 366,221 | 11.8 | 57% |
| 2022 | 5,601,484 | 5,357,705 | 243,779 | 11.5 | 13% |
| 2023 | 5,796,812 | 5,531,436 | 265,376 | 11.9 | 10% |
In its most recent public year (2023), this organization brought in $265,376 more than it spent. Its reserves stood at about 11.9 months of spending, up from 8.3 in 2010. Staff pay was 10% 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 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