Covenant Counseling Ministries Inc

Analysis

Covenant Counseling Ministries Inc is a registered charity in United States, based in Cumberland, MD. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 September 2024, Covenant Counseling Ministries Inc reported income of $443k and spending of $431k, spending 97% of its income. Across the 6 years on record, from September 2019 to September 2024, income grew from $413k to $443k (+7.3%), an average of +1.4% a year. The sharpest change came in the year to September 2022, when income dropped by 20%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Covenant Counseling Ministries Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MD. Charities of a similar size with the same main cause include Alstrom Angels Corp ($443k), Arlington Retirement Housing Corporation Inc ($443k) and Hope Springs Counseling Center ($443k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 8.5% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $95k (22% of expenses). Other salaries and wages came to $212k. At year end it held assets of $284k against liabilities of $84k, net assets of $200k. It reported 11 employees.