Covenant Network Of Presbyterians
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 307,266 | 326,640 | −19,374 | 4.2 | 61% |
| 2012 | 248,204 | 253,004 | −4,800 | 5.2 | 55% |
| 2013 | 302,452 | 262,157 | 40,295 | 6.8 | 58% |
| 2014 | 221,785 | 259,445 | −37,660 | 5.0 | 63% |
| 2015 | 204,304 | 253,694 | −49,390 | 2.7 | 65% |
| 2016 | 148,875 | 145,291 | 3,584 | 5.1 | 71% |
| 2017 | 148,354 | 128,613 | 19,741 | 7.6 | 59% |
| 2018 | 105,915 | 118,661 | −12,746 | 6.9 | 63% |
| 2019 | 109,066 | 122,908 | −13,842 | 5.3 | 70% |
| 2020 | 122,248 | 98,438 | 23,810 | 9.6 | 66% |
| 2021 | 129,284 | 107,337 | 21,947 | 11.2 | 61% |
| 2022 | 147,409 | 152,485 | −5,076 | 7.5 | — |
| 2023 | 161,347 | 170,648 | −9,301 | 6.0 | — |
In its most recent public year (2023), this organization spent $9,301 more than it brought in. Its reserves stood at about 6 months of spending, up from 4.2 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 Network Of Presbyterians'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