Human Services
(P300)
IRS Verified
DX Registered
990 on File
COVENANT HOUSE TEXAS
Financial strength (30%)
82/100
Reliability (20%)
55/100
Effectiveness (25%)
90/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Covenant House Texas is a faith-based organization committed to giving homeless youth a safe haven, absolute respect, unconditional love, and a path to lasting independence. In partnership with the community, we are the voice for homeless youth.
Financial Overview — FY 2023
$14.1M
Total Revenue
$8.1M
Total Expenses
$30.2M
Net Assets
91
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
74.2%
Fundraising Efficiency
512.3%
Operating Reserve
44.95x
Liability-to-Asset
9.0%
Revenue Diversification
97.6%
Executive Compensation
$445K
Compared with Peers
FY 2023
Compared with 10,320 similar organizations
(United States, Human Services, $1M–$10M 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
|
74.2% | 85.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.5% | 11.4% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
10.3% | 0.4% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
512.3% | 134.1% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
45.0 mo | 8.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
9.0% | 14.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.6% | 93.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
12.7% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
8.2% | 10.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
43.0% | 2.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $14.1M | $8.1M | $30.2M | 74.2% | 91 |
| 2022 | $12.5M | $7.4M | $24.4M | 76.4% | 94 |
| 2021 | $29.3M | $6.5M | N/A | — | 96 |
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