Covenant Health Care Center Inc

Analysis

Covenant Health Care Center Inc is a registered charity in United States, based in Northbrook, IL. It received its IRS tax-exemption ruling in July 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Covenant Health Care Center Inc reported income of $35.1m and spending of $33.1m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $21.4m to $35.1m (+64%), an average of +13% a year. The sharpest change came in the year to September 2020, when income rose by 57%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Covenant Health Care Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Community Partners International ($35.1m), Operation Food Search Inc ($35.1m) and Riddle Village ($35.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.2% and program service revenue 89% of the total. Other salaries and wages came to $15.5m. At year end it held assets of $80.5m against liabilities of $34.7m, net assets of $45.8m.