Western Covenant University

Analysis

Western Covenant University is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Western Covenant University reported income of $531k and spending of $459k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $234k to $531k (+127%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Western Covenant University sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Friends of the Bergen County Zoo Inc ($531k), Kensington Nursery School Incorporated ($531k) and Cora Incorporated ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $225k. At year end it held assets of $151k against liabilities of $151k, net assets of $0. It reported 6 employees.