Charity Search / COVENANT HOUSE NEW JERSEY INC
Human Services (P30) IRS Verified DX Registered 990 on File

COVENANT HOUSE NEW JERSEY INC

EIN: 13-3537710 · NEWARK, NJ 07102-2630 · United States · FY 2023 Data
3 out of 5 56 / 100 Based on 2+ years of filings
Financial strength (30%) 69/100
Reliability (20%) 55/100
Effectiveness (25%) 95/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Mission Statement

Covenant House's Mission Statement We who recognize God's providence and fidelity to His people are dedicated to living out His covenant among ourselves and those children we serve, with absolute respect and unconditional love. That commitment calls us to serve suffering children of the street, and to protect and safeguard all children. Just as Christ in His humanity is the visible sign of God's presence among His people, so our efforts together in the covenant community are a visible sign that effects the presence of God, working through the Holy Spirit among ourselves and our kids. Our work is guided by a mission to serve youth with absolute respect and unconditional love and to protect and safeguard all children in need regardless of race, creed, religion, ethnic origin, or sexual orientation. In support of our mission, Covenant House is guided by five principles. 1. Immediacy – Covenant House immediately meets the basic needs of youth experiencing homelessness through a nourishing meal, a shower, clean clothes, medical attention, and a safe place to sleep. 2. Sanctuary – Covenant House provides a safe haven from the hardships of homelessness. We recognize the fundamental worth of every human being, and create a safe setting where all youth – regardless of life experience or identity – are served without judgement. 3. Value communication – Covenant House leads by example to demonstrate that caring relationships are based on love, trust, respect, and honesty. 4. Structure –Covenant House provides the stability and structure necessary to build a positive future. 5. Choice – Covenant House fosters confidence; encouraging young people to believe in themselves and make informed choices for their lives.

Financial Overview — FY 2023
$14.6M
Total Revenue
$15.3M
Total Expenses
$16.7M
Net Assets
183
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 84.5%
Fundraising Efficiency 1388.0%
Operating Reserve 13.11x
Liability-to-Asset 22.8%
Revenue Diversification 101.5%
Executive Compensation $681K
Compared with Peers
FY 2023
Compared with 2,997 similar organizations (United States, Human Services, $10M–$100M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
84.5% 87.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
5.4% 11.3%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
10.1% 0.2%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
1388.0% 426.4%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
13.1 mo 6.3 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
22.8% 34.8%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
101.5% 93.0%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-9.1% 6.5%
P10P90
Expense growth
Year over year expense growth
10.4% 8.1%
P10P90
Surplus margin
Surplus as a share of revenue
-5.2% 1.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $14.6M $15.3M $16.7M 84.5% 183
2022 $16.0M $13.9M $17.3M 84.3% 185
2021 $13.3M $12.9M N/A — 180
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Organization Details
EIN
13-3537710
State
NJ
City
NEWARK
ZIP
07102-2630
Classification
P30
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1989
Foundation Code
15
Form 990
On File
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