Recreation & Sports
(N30)
IRS Verified
DX Registered
990 on File
THE FUND FOR COVINGTON INC
Financial strength (30%)
87/100
Reliability (20%)
50/100
Effectiveness (25%)
73/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$84K
Total Revenue
$29K
Total Expenses
$193K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.3%
Fundraising Efficiency
N/A
Operating Reserve
79.73x
Liability-to-Asset
2.1%
Revenue Diversification
97.4%
Compared with Peers
FY 2025
Compared with 5,880 similar organizations
(United States, Recreation & Sports, under $100K in expenses), FY 2025.
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
|
90.3% | 91.2% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
79.7 mo | 9.6 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.4% | 83.6% |
P10P90
|
Below median |
|
Surplus margin
Surplus as a share of revenue
|
65.3% | 7.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $84K | $29K | $193K | 90.3% | — |
| 2023 | $191K | $76K | $179K | 57.6% | — |
| 2022 | $40K | $84K | $64K | 96.3% | 0 |
| 2021 | $73K | $131K | N/A | — | 0 |
| 2020 | $237K | $72K | N/A | — | 0 |
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