Covenant Youth Collision

Analysis

Covenant Youth Collision is a registered charity in United States, based in Northbrook, IL. It received its IRS tax-exemption ruling in April 2018, 8 years ago. 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 Youth Collision reported income of $65k and spending of $63k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $114k to $65k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Covenant Youth Collision sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include Fraternal Order of Police Associates 2 Middletown Ohio ($65k), Little League Baseball Inc ($65k) and Ideas Worth Doing in LA ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $1,599 against liabilities of $2,283, net assets of -$684.