Religion-Related
(X12)
990 on File
COVENANT CHRISTIAN FOUNDATION INC
Financial strength (30%)
93/100
Reliability (20%)
50/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$75K
Total Revenue
$72K
Total Expenses
$524K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.7%
Fundraising Efficiency
N/A
Operating Reserve
87.66x
Liability-to-Asset
0.0%
Revenue Diversification
74.7%
Compared with Peers
FY 2024
Compared with 8,116 similar organizations
(United States, Religion-Related, under $100K 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
|
83.7% | 82.9% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
87.7 mo | 11.1 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
74.7% | 100.0% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
509.5% | -0.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-2.0% | -1.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
4.6% | 7.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $75K | $72K | $524K | 83.7% | — |
| 2023 | $12K | $73K | $521K | 87.5% | — |
| 2022 | $4K | $96K | $581K | 78.8% | — |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.