Human Services
(P31)
IRS Verified
DX Registered
990 on File
COVENANT KIDS INC
Financial strength (30%)
63/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
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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