B — EducationEIN: 430719506· Ruling Year: 1957

Covenant College Inc

Lookout Mtn, Georgia

A-Health Score
79A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.82×
Peer Median9.48×
💰
$49.7M
Total Revenue
📊
$53.2M
Total Expenses
🏦
$97.0M
Net Assets
📋
$2.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-8.1%
Year-over-year change (2022 → 2023)
Net Margin
-7.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.82
Net assets divided by total expenses
Liabilities-to-Assets
2.7%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$49,689,611↓8%$53,240,912↑3%$99,704,112↓2%
2022$54,082,557↑14%$51,842,194↑9%$101,474,646↓4%
2021$47,383,629↓7%$47,497,943↓1%$105,869,402↑8%
2020$50,724,767↓3%$48,119,813↓5%$98,255,603↓1%
2019$52,053,076↓7%$50,634,403$98,973,141↓1%
2018$56,270,730↑12%$50,621,128↑8%$100,341,114↑2%
2017$50,276,314↑8%$46,896,266↑7%$98,285,174↑13%
2016$46,733,774↓7%$43,974,923$87,274,598↑8%
2015$50,092,230↑10%$44,137,620$80,798,124↑9%
2014$45,412,056↑3%$44,254,080↑5%$74,123,183↑5%
2013$44,116,051↑7%$42,140,826↑4%$70,853,344↑5%
2012$41,370,787$40,689,767$67,775,515

Frequently Asked Questions

What does Covenant College Inc do?▼

Covenant College Inc is a education nonprofit organization based in Georgia. It is classified under NTEE code B420 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Covenant College Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Covenant College Inc has a score of 79/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Covenant College Inc generate?▼

Covenant College Inc reports $64.2M in annual revenue and holds $111.5M in total assets, based on IRS filings.

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