Covenant Community Services Inc
Analysis
Covenant Community Services Inc is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in November 2003, 23 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 2024, Covenant Community Services Inc reported income of $2.1m and spending of $2.0m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $646k to $2.1m (+219%), an average of +26% a year. The sharpest change came in the year to June 2020, when income rose by 112%. Over the whole period it spent 98% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Covenant Community Services Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Waldo County Young Mens Christian Association ($2.1m), Itasca Life Options ($2.1m) and Commission on Aging Family Services Inc ($2.1m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.0% and program service revenue 86% of the total. Other salaries and wages came to $542k. At year end it held assets of $1.3m against liabilities of $534k, net assets of $723k. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 9.0%
- Program services 86%
- Other 5.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Waldo County Young Mens Christian Association | Belfast | $2.1m |
| Itasca Life Options | Grand Rapids | $2.1m |
| Commission on Aging Family Services Inc | Petersburg | $2.1m |
| Brookings Area Transit Authority | Brookings | $2.1m |