Covenant Homes Inc
Rocky Mount, North Carolina
B+Health Score
68B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$977K
Total Revenue
📊
$878K
Total Expenses
🏦
-$1.3M
Net Assets
📋
$2.1M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+15.1%
Year-over-year change (2022 → 2023)
Net Margin
+10.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.47
Net assets divided by total expenses
Liabilities-to-Assets
269.4%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $976,741↑15% | $877,653↑21% | $761,851↑7% | |
| 2022 | $848,511↑26% | $726,854↑17% | $710,116↓4% | — |
| 2021 | $673,309↑12% | $620,247↑2% | $741,232↓4% | — |
| 2020 | $603,308↓13% | $607,684↓9% | $771,437↑17% | — |
| 2019 | $690,449↑8% | $670,040↑17% | $660,340↓7% | — |
| 2018 | $641,662↑9% | $570,520↓3% | $708,727↑8% | — |
| 2017 | $587,067↑6% | $589,478↓4% | $656,991↓14% | — |
| 2016 | $554,215↓3% | $613,919↑3% | $761,098↓11% | — |
| 2015 | $574,097↑6% | $596,757↓14% | $852,120↓8% | — |
| 2014 | $541,986↑3% | $692,284↓5% | $921,226↓17% | — |
| 2013 | $527,115↓1% | $728,942↑16% | $1,110,648↓8% | — |
| 2012 | $531,752↑1% | $627,657↑7% | $1,203,863↓9% | — |
| 2011 | $528,880 | $583,990 | $1,320,805 | — |
Frequently Asked Questions
What does Covenant Homes Inc do?▼
Covenant Homes Inc is a housing & shelter nonprofit organization based in North Carolina. It is classified under NTEE code L220 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Covenant Homes Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Covenant Homes Inc.
How much revenue does Covenant Homes Inc generate?▼
Covenant Homes Inc reports $1.1M in annual revenue and holds $940K in total assets, based on IRS filings.
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