Covenant House California

Analysis

Covenant House California is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Covenant House California reported income of $22.3m and spending of $22.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.5m to $22.3m (+21%), an average of +4.8% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Covenant House California sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Community Food Bank ($22.3m), Child Focus Inc ($22.3m) and Youth and Family Alliance ($22.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $713k (3.2% of expenses). Other salaries and wages came to $9.4m. It paid $27k in professional fundraising fees. At year end it held assets of $28.4m against liabilities of $7.8m, net assets of $20.6m. It reported 268 employees.