Covenat Life Fellowship of Louisiana

Analysis

Covenat Life Fellowship of Louisiana is a registered charity in United States, based in West Monroe, LA. It received its IRS tax-exemption ruling in January 2015, 11 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 December 2022, Covenat Life Fellowship of Louisiana reported income of $236k and spending of $240k, spending 102% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $259k to $236k (-9.2%), an average of -9.2% a year. 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, Covenat Life Fellowship of Louisiana sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within LA. Charities of a similar size with the same main cause include Yraida Guanipa Institute Inc ($235k), Monroe County Coalition for Children & Families Inc ($236k) and Friends of the Senior Activity Center of Sheboygan Inc ($235k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.