Covenant House Inc
- Assets
- $2.8m
- Revenue
- $1.9m
- Investments
- $4.1k
- Employees
- 13
- Location
- Charleston, WV
- Founding
- 10/1981
- Data as of
- 12/2023
- EIN
- 31-1015583
Organization Overview
Covenant House Inc is located in Charleston, WV. The organization was established in 1981. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2023, Covenant House Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Covenant House Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Covenant House Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $2.3m during the year ending 12/2023. While expenses have increased by 6.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO WORK FOR JUSTICE FOR ALL BY OFFERING DIRECT SERVICES FOR PEOPLE IN NEED WHILE CREATING SOCIAL CHANGE THROUGH ADVOCACY AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING EMERGENCY ASSISTANCE TO THOSE IN DANGER OF OR ARE CURRENTLY HOMELESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Williams ESQ Immediate Past President | OfficerTrustee | 1 | $0 |
Jim Long Vice-President | OfficerTrustee | 1 | $0 |
Melvin Jones CPA President | OfficerTrustee | 1 | $0 |
Hayley Tighe Treasurer | OfficerTrustee | 1 | $0 |
W Patterson Lyles Immediate Past Presidnt | OfficerTrustee | 1 | $0 |
Kim Javins Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,009,378 |
| All other contributions, gifts, grants, and similar amounts not included above | $796,639 |
| Noncash contributions included in lines 1a–1f | $349,664 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,806,017 |
| Total Program Service Revenue | $62 |
| Investment income | $55,837 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,941 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $50,265 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,918,122 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $854,622 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $75,527 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $535,323 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $169,239 |
| Payroll taxes | $53,991 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $93,884 |
| Advertising and promotion | $0 |
| Office expenses | $19,408 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,355 |
| Travel | $6,701 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,098 |
| Insurance | $941 |
| All other expenses | $3,449 |
| Total functional expenses | $2,329,295 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,562 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $126,651 |
| Accounts receivable, net | $48,840 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $38,180 |
| Net Land, buildings, and equipment | $1,274,074 |
| Investments—publicly traded securities | $1,190,248 |
| Investments—other securities | $4,149 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,778,704 |
| Accounts payable and accrued expenses | $113,908 |
| Grants payable | $0 |
| Deferred revenue | $7,189 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $32,573 |
| Other liabilities | $0 |
| Total liabilities | $153,670 |
| Net assets without donor restrictions | $1,973,307 |
| Net assets with donor restrictions | $651,727 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,778,704 |