P — Human ServicesEIN: 953472345· Ruling Year: 1975

Covenant Living West

Santa Barbara, California

B+Health Score
74B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 139 peers in Human Services with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.30×
Peer Median0.22×
💰
$136.7M
Total Revenue
📊
$128.5M
Total Expenses
🏦
$166.5M
Net Assets
📋
$239.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.9%
Year-over-year change (2022 → 2023)
Net Margin
+6.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.30
Net assets divided by total expenses
Liabilities-to-Assets
59.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$136,714,805↑8%$128,477,391↑3%$406,388,231↑3%
2022$126,747,759↑4%$124,146,440↓2%$394,707,058↓5%
2021$122,340,145↓1%$127,182,977↑9%$414,845,282
2020$123,006,853↑57%$116,401,166↑59%$412,786,614↑1%
2019$78,516,169↓30%$72,985,319↓30%$408,438,503↑2%
2019$112,955,280↑3%$104,511,521↑1%$399,742,748↑13%
2018$109,369,469$103,742,645↑4%$352,660,172↑2%
2017$108,915,244↑4%$99,974,719↑3%$345,711,181↑4%
2016$104,942,200↑15%$96,762,731↑16%$333,950,514↑4%
2015$91,593,826↑13%$83,275,899↑13%$319,650,730↑5%
2014$81,241,222↑2%$73,613,845↑2%$303,600,974↑13%
2013$79,425,697↑5%$71,896,417↑5%$268,258,025↑3%
2012$75,700,717$68,379,362$260,622,710

Frequently Asked Questions

What does Covenant Living West do?▼

Covenant Living West is a human services nonprofit organization based in California. It is classified under NTEE code P750 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Covenant Living West financially healthy?▼

Based on our 9-metric Financial Health Score model, Covenant Living West has a score of 74/100 (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 Living West generate?▼

Covenant Living West reports $138.1M in annual revenue and holds $481.5M in total assets, based on IRS filings.

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