Covenant Academy in the Hills

Analysis

Covenant Academy in the Hills is a registered charity in United States, based in Bloomfield Hills, MI. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Academy in the Hills reported income of $194k and spending of $191k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $200k to $194k (-3.3%), an average of -1.1% a year. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Covenant Academy in the Hills sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within MI. Charities of a similar size with the same main cause include Dapple Gray Elementry School Booster Club ($194k), Brown County Early Learning Center NFP ($194k) and Dhifi Inc ($194k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $82k (43% of expenses). Other salaries and wages came to $3,919. At year end it held assets of $140k against liabilities of $217k, net assets of -$77k. It reported 2 employees.