Health Care
(E112)
IRS Verified
DX Registered
COVENANT HEALTHCARE FOUNDTION
CharityAI™ Score
Not yet evaluated
Mission Statement
The Covenant HealthCare Foundation is established to support the Covenant Medical center by accepting gifts and providing stewardship of charitable funds received from the Covenant HealthCare constituency. That is, to improve the quality of life for the patient population in the East Central region of Michigan. Covenant HealthCare is proud to be a resource within the health care community and the community-at-large that adheres to standards of excellence in providing patient care, technology, and education.
Financial Overview — FY 2023
$3.2M
Total Revenue
$962K
Total Expenses
$25.2M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
46.7%
Fundraising Efficiency
0.0%
Operating Reserve
313.97x
Liability-to-Asset
0.4%
Revenue Diversification
64.6%
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $3.2M | $962K | $25.2M | 46.7% | 0 |
| 2022 | $2.9M | $4.9M | N/A | — | 0 |
| 2021 | $3.7M | $1.8M | N/A | — | 0 |
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