Covenant Pathways

Analysis

Covenant Pathways is a registered charity in United States, based in Vanderwagen, NM. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Covenant Pathways reported income of $271k and spending of $258k, spending 95% of its income. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Covenant Pathways sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NM. Charities of a similar size with the same main cause include Teresa Charities Inc ($271k), Central Clark County Community Child Care Center ($271k) and Imana Kids ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $72k (28% of expenses). Other salaries and wages came to $71k. At year end it held assets of $282k against liabilities of $15k, net assets of $268k. It reported 7 employees.