Covenant Network of Presbyterians

Analysis

Covenant Network of Presbyterians is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Network of Presbyterians reported income of $161k and spending of $171k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $109k to $161k (+48%), an average of +10% a year. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Covenant Network of Presbyterians sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within MO. Charities of a similar size with the same main cause include Crestwood Christian Fellowship Inc ($161k), Phare Warrior ($161k) and Focus Evangelistic Ministries Inc ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.8% of the total. At year end it held assets of $88k against liabilities of $2,349, net assets of $86k.