New Covenant Learning Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 201,713 | 177,624 | 24,089 | 1.0 | 25% |
| 2017 | 184,434 | 173,954 | 10,480 | 1.6 | 25% |
| 2018 | 194,609 | 196,259 | −1,650 | 0.6 | 0% |
| 2019 | 188,677 | 157,039 | 31,638 | 0.8 | 0% |
| 2020 | 177,633 | 184,805 | −7,172 | -0.0 | 29% |
| 2021 | 227,461 | 209,279 | 18,182 | 1.2 | 30% |
| 2022 | 228,652 | 220,673 | 7,979 | 1.6 | 33% |
| 2023 | 242,991 | 242,979 | 12 | 0.2 | 42% |
In its most recent public year (2023), this organization brought in $12 more than it spent. Its reserves stood at about 0.2 months of spending. Staff pay was 42% 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
New Covenant Learning Center'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