Charity Search / COVENANT HOME OF CHICAGO
Health Care (E91Z) 990 on File

COVENANT HOME OF CHICAGO

EIN: 36-3095932 · CHICAGO, IL 60625-3510 · United States · FY 2024 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 70/100
Reliability (20%) 55/100
Effectiveness (25%) 85/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$3.1M
Total Revenue
$3.7M
Total Expenses
$2.9M
Net Assets
45
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 75.8%
Fundraising Efficiency N/A
Operating Reserve 9.53x
Liability-to-Asset 70.0%
Revenue Diversification 94.5%
Compared with Peers
FY 2024
Compared with 3,080 similar organizations (United States, Health Care, $1M–$10M in expenses), FY 2024.
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
75.8% 84.8%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
23.0% 11.6%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
1.2% 0.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
9.5 mo 9.9 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
70.0% 13.5%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
94.5% 91.1%
P10P90
Below median
Revenue growth
Year over year revenue growth
-24.8% 8.1%
P10P90
Expense growth
Year over year expense growth
15.3% 7.2%
P10P90
Surplus margin
Surplus as a share of revenue
-18.8% 2.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $3.1M $3.7M $2.9M 75.8% 45
2023 $4.1M $3.2M $3.5M 78.3% 48
2022 $2.7M $3.0M $2.5M 74.0% 38
2021 $2.8M $3.4M N/A 0
2020 $2.9M $3.3M N/A 0
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Organization Details
EIN
36-3095932
State
IL
City
CHICAGO
ZIP
60625-3510
Classification
E91Z
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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