Covenant Community Care Inc

Analysis

Covenant Community Care Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Covenant Community Care Inc reported income of $16.4m and spending of $14.7m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.7m to $16.4m (+20%), an average of +4.6% a year. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Covenant Community Care Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Mercy Hospital Booneville ($16.4m), Pioneer Memorial Hospital & Health Services ($16.4m) and Christian Community Homes and Services Inc ($16.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $353k (2.4% of expenses). Other salaries and wages came to $8.7m. At year end it held assets of $18.3m against liabilities of $5.5m, net assets of $12.8m. It reported 182 employees.