Covenant Ranch Inc

Analysis

Covenant Ranch Inc is a registered charity in United States, based in Paris, TN. It received its IRS tax-exemption ruling in January 1997, 29 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 2023, Covenant Ranch Inc reported income of $211k and spending of $260k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $140k to $211k (+51%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 194%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Covenant Ranch Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within TN. Charities of a similar size with the same main cause include Kids Campus-Dallas Center Inc ($211k), Center for All Abilities Inc ($211k) and Rockland Community Services Inc ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $58k (22% of expenses). Other salaries and wages came to $21k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 6 employees.