Covington Church of Christ

Analysis

Covington Church of Christ is a registered charity in United States, based in Covington, PA. It received its IRS tax-exemption ruling in May 1951, 75 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Covington Church of Christ reported income of $144k and spending of $92k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $298k to $144k (-52%), an average of -17% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 45% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Covington Church of Christ sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include Cedar Falls Police Protective Association Inc ($144k), New Mexico Public Health Association ($144k) and Tioga Senior Citizens Club ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 31% of the total. Other salaries and wages came to $9,000. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.