Covenant Health Foundation Inc
Andover, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
9 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | -$554,878↓211% | $2,340↓67% | $30,347,162↑18% | — |
| 2022 | -$178,418↓103% | $7,115↓63% | $25,676,535↓17% | — |
| 2021 | $6,198,700↑293% | $19,045 | $30,835,032↑13% | — |
| 2020 | $1,577,424↑70% | $0 | $27,368,659↑6% | — |
| 2019 | $929,781↑739% | $0 | $25,898,211↑11% | — |
| 2018 | $110,798 | $0 | $23,419,198↑2341919700% | — |
| 2013 | $0↓100% | $0↓100% | $1 | — |
| 2012 | $89,591↓84% | $214,563↓62% | $0↓100% | — |
| 2011 | $548,466 | $562,826 | $118,765 | — |
Frequently Asked Questions
What does Covenant Health Foundation Inc do?▼
Covenant Health Foundation Inc is a human services nonprofit organization based in Massachusetts. It is classified under NTEE code P81 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Covenant Health Foundation Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Covenant Health Foundation Inc has a score of 62/100 (Grade: B). 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 Health Foundation Inc generate?▼
Covenant Health Foundation Inc reports $3.4M in annual revenue and holds $32.6M in total assets, based on IRS filings.
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