Covenant Counseling
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 93,122 | 114,184 | −21,062 | -2.2 | — |
| 2019 | 336,200 | 307,938 | 28,262 | -1.2 | 47% |
| 2020 | 510,730 | 647,650 | −136,920 | -3.2 | 63% |
| 2021 | 846,571 | 832,807 | 13,764 | -2.3 | 79% |
| 2022 | 490,532 | 545,545 | −55,013 | -4.7 | 64% |
| 2023 | 505,990 | 483,769 | 22,221 | -4.7 | 66% |
In its most recent public year (2023), this organization brought in $22,221 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-4.7 months). Staff pay was 66% 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 Counseling'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