Covenant Fellowship International Inc

Analysis

Covenant Fellowship International Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Fellowship International Inc reported income of $126k and spending of $132k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $126k (+93%), an average of +93% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Covenant Fellowship International Inc 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 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Next Level Ministries of Tennessee ($126k), Santa Ynez Valley Jewish Community ($126k) and North American Association for the Diaconate Inc ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,830 against liabilities of $9,548, net assets of -$3,718.