Covenant Renewal Ministries Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 83,030 | 91,392 | −8,362 | 4.5 | — |
| 2012 | 78,884 | 89,788 | −10,904 | 3.2 | — |
| 2013 | 76,413 | 69,372 | 7,041 | 5.3 | — |
| 2014 | 81,500 | 76,363 | 5,137 | 5.6 | — |
| 2015 | 81,838 | 92,186 | −10,348 | 3.3 | — |
| 2016 | 79,812 | 72,306 | 7,506 | 5.5 | — |
| 2017 | 65,154 | 76,669 | −11,515 | 3.4 | — |
| 2018 | 97,562 | 85,538 | 12,024 | 4.7 | — |
| 2019 | 81,512 | 86,758 | −5,246 | 3.9 | — |
| 2020 | 84,513 | 75,658 | 8,855 | 7.2 | — |
| 2021 | 95,412 | 89,661 | 5,751 | 6.8 | — |
| 2022 | 104,563 | 100,777 | 3,786 | 6.5 | — |
| 2023 | 97,872 | 103,254 | −5,382 | 5.7 | — |
In its most recent public year (2023), this organization spent $5,382 more than it brought in. Its reserves stood at about 5.7 months of spending, up from 4.5 in 2011.
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 Renewal Ministries Incorporated'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