Covenant Services Inc
Analysis
Covenant Services Inc is a registered charity in United States, based in Anniston, AL. It received its IRS tax-exemption ruling in January 2000, 26 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 (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 Services Inc reported income of $1.6m and spending of $1.6m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.6m (-7.6%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 75%. 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 Services Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within AL. Charities of a similar size with the same main cause include Essex Rescue Inc ($1.6m), First Choice Womens Resource Centers ($1.6m) and Womens Dermatologic Society ($1.6m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $796k. At year end it held assets of $163k against liabilities of $0, net assets of $163k. It reported 47 employees.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Essex Rescue Inc | Essex JCT | $1.6m |
| First Choice Womens Resource Centers | Morristown | $1.6m |
| Womens Dermatologic Society | Lexington | $1.6m |
| Safer Alternatives Through Networking and Education | Sacramento | $1.6m |