Covenant Retirement Communities Inc
Skokie, Illinois
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 15 peers in Human Services with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $50,434,180↑15% | $43,236,734↑4% | $305,650,185↑11% | |
| 2022 | $43,745,688↓23% | $41,422,861↑26% | $275,632,536↓7% | — |
| 2021 | $56,944,036↑41% | $32,848,843↑2% | $297,389,461↑21% | — |
| 2020 | $40,287,228↑63% | $32,229,153↑62% | $246,474,453↑44% | — |
| 2019 | $24,700,309↓20% | $19,850,266↓40% | $171,652,705↑17% | — |
| 2019 | $30,917,527↓42% | $32,917,002↑18% | $146,725,906↑10% | — |
| 2018 | $53,019,813↑18% | $27,804,415↑3% | $133,542,006↑28% | — |
| 2017 | $45,089,414↑98% | $26,881,397↓20% | $104,031,803↑14% | — |
| 2016 | $22,811,892↓4% | $33,406,467↑26% | $91,619,828↓13% | — |
| 2015 | $23,851,756↓46% | $26,500,027↑12% | $105,217,568↓6% | — |
| 2014 | $44,408,539↑20% | $23,701,322↓19% | $111,415,110↓12% | — |
| 2013 | $36,920,132↑31% | $29,183,032↓55% | $127,258,395↑7% | — |
| 2012 | $28,150,604 | $65,495,167 | $118,898,146 | — |
Frequently Asked Questions
What does Covenant Retirement Communities Inc do?▼
Covenant Retirement Communities Inc is a human services nonprofit organization based in Illinois. It is classified under NTEE code P750 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Covenant Retirement Communities Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Covenant Retirement Communities Inc has a score of 58/100 (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 Retirement Communities Inc generate?▼
Covenant Retirement Communities Inc reports $45.3M in annual revenue and holds $364.3M in total assets, based on IRS filings.
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