Covenant Soup Kitchen Inc
Willimantic, Connecticut
B+Health Score
65B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$1.6M
Total Revenue
📊
$1.3M
Total Expenses
🏦
$3.1M
Net Assets
📋
$28K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-16.6%
Year-over-year change (2022 → 2023)
Net Margin
+18.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.42
Net assets divided by total expenses
Liabilities-to-Assets
0.9%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,587,898↓17% | $1,290,798↓1% | $3,150,784↑10% | — |
| 2022 | $1,903,852↑3% | $1,302,395↓9% | $2,862,505↑21% | — |
| 2021 | $1,854,753↑20% | $1,426,645↑26% | $2,371,752↑30% | — |
| 2020 | $1,541,207↑42% | $1,132,644↑28% | $1,827,791↑29% | — |
| 2019 | $1,082,062 | $886,093↑2600% | $1,411,993↑40% | — |
| 2018 | $0↓100% | $32,822↓97% | $1,009,336↓23% | — |
| 2017 | $1,035,674 | $1,012,132↑9% | $1,316,294↑28% | — |
| 2016 | $1,031,581↑9% | $931,324↑15% | $1,026,728↑10% | — |
| 2015 | $945,326↑13% | $807,828↓4% | $932,628↑15% | — |
| 2014 | $838,700↑25% | $845,561↑35% | $809,918↑10% | — |
| 2013 | $671,245↑9% | $627,289↑10% | $735,890↑4% | — |
| 2012 | $615,234↓8% | $572,199↑9% | $707,177↑2% | — |
| 2011 | $667,076 | $524,649 | $691,387 | — |
Frequently Asked Questions
What does Covenant Soup Kitchen Inc do?▼
Covenant Soup Kitchen Inc is a food, agriculture & nutrition nonprofit organization based in Connecticut. It is classified under NTEE code K35 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Covenant Soup Kitchen Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Covenant Soup Kitchen Inc.
How much revenue does Covenant Soup Kitchen Inc generate?▼
Covenant Soup Kitchen Inc reports $1.8M in annual revenue and holds $3.6M in total assets, based on IRS filings.
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