Covenant Health Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 548,466 | 562,826 | −14,360 | 2.4 | 79% |
| 2012 | 89,591 | 214,563 | −124,972 | 0.0 | 43% |
| 2013 | 0 | 0 | 0 | — | — |
| 2018 | 110,798 | 0 | 110,798 | — | — |
| 2019 | 929,781 | 0 | 929,781 | — | — |
| 2020 | 1,577,424 | 0 | 1,577,424 | — | — |
| 2021 | 6,198,700 | 19,045 | 6,179,655 | 19428.7 | 0% |
| 2022 | −178,418 | 7,115 | −185,533 | 43305.5 | 0% |
| 2023 | −554,878 | 2,340 | −557,218 | 155626.5 | 0% |
In its most recent public year (2023), this organization spent $557,218 more than it brought in. Its reserves stood at about 155626.5 months of spending, up from 2.4 in 2011. Staff pay was 0% of spending. $30,341,421 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
Covenant Health Foundation Inc'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