Charity Search / COVENANT KIDS INC
Human Services (P31) IRS Verified DX Registered 990 on File

COVENANT KIDS INC

EIN: 75-2889215 · ARLINGTON, TX 76003-3038 · United States · FY 2024 Data
3 out of 5 52 / 100 Based on 2+ years of filings
Financial strength (30%) 63/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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COVENANT KIDS INC logo
CharityAI™ Score
Not yet evaluated
Mission Statement

PEOPLE UNITED THROUGH GOD TO ENHANCE THE PHYSICAL, EMOTIONAL
AND SPIRITUAL WELL-BEING OF AT-RISK CHILDREN AND FAMILIES.

Financial Overview — FY 2024
$22.9M
Total Revenue
$22.7M
Total Expenses
$6.4M
Net Assets
489
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 95.9%
Fundraising Efficiency N/A
Operating Reserve 3.37x
Liability-to-Asset 32.5%
Revenue Diversification 92.6%
Executive Compensation $361K
Compared with Peers
FY 2024
Compared with 2,032 similar organizations (United States, Human Services, $10M–$100M 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
95.9% 87.5%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
3.8% 11.1%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.3% 0.2%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
3.4 mo 6.6 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
32.5% 32.8%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
92.6% 92.7%
P10P90
Above median
Revenue growth
Year over year revenue growth
-1.3% 7.6%
P10P90
Expense growth
Year over year expense growth
-2.3% 6.9%
P10P90
Surplus margin
Surplus as a share of revenue
0.7% 1.6%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $22.9M $22.7M $6.4M 95.9% 489
2023 $23.2M $23.2M $6.5M 94.0% 320
2022 $24.1M $23.1M $6.7M 96.3% 293
2021 $27.7M $22.8M N/A — 290
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Organization Details
EIN
75-2889215
State
TX
City
ARLINGTON
ZIP
76003-3038
Classification
P31
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2000
Foundation Code
16
Form 990
On File
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