Covenant with Christ International Inc
Analysis
Covenant with Christ International Inc is a registered charity in United States, based in Cleveland, TX. It received its IRS tax-exemption ruling in July 2020, 6 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 with Christ International Inc reported income of $414k and spending of $614k, spending 148% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $400k to $414k (+3.7%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 325%. Over the whole period it spent 32% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Covenant with Christ International Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Carl B Metoyer Center for Family Counseling ($414k), New Ulm Ministerial Association Shelter Haus ($414k) and Black Administrators in Child Welfare Inc ($414k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 2.6% of the total. It paid $4,951 in professional fundraising fees. At year end it held assets of $3.8m against liabilities of $298k, net assets of $3.5m.
Income and spending
Where the income comes from
- Contributions & grants 82%
- Program services 2.6%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Carl B Metoyer Center for Family Counseling | Oakland | $414k |
| New Ulm Ministerial Association Shelter Haus | New Ulm | $414k |
| Black Administrators in Child Welfare Inc | Bethesda | $414k |
| Russell County Community Corrections & Court Services | Phenix City | $414k |