Covenant Rescue Group

Analysis

Covenant Rescue Group is a registered charity in United States, based in Gardendale, AL. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 Rescue Group reported income of $797k and spending of $663k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $797k (+719%), an average of +719% a year. The sharpest change came in the year to December 2023, when income rose by 719%. Over the whole period it spent 80% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Covenant Rescue Group sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within AL. Charities of a similar size with the same main cause include West End Fire & Rescue Inc ($796k), Aircraft Rescue & Fire Fighting Working Group Inc ($798k) and The Restoration Team ($795k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $179k (27% of expenses). At year end it held assets of $206k against liabilities of $1,447, net assets of $205k. It reported 2 employees.