Covenant Counseling

Analysis

Covenant Counseling is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in June 2016, 10 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 Counseling reported income of $506k and spending of $484k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $336k to $506k (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 105% 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 sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Grifton Rescue Squad Inc ($506k), Unlimbited Foundation Inc ($506k) and Fitms Neurobalance Center NFP ($506k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $64k (13% of expenses). Other salaries and wages came to $254k. At year end it held assets of $65k against liabilities of $256k, net assets of -$191k. It reported 16 employees.