Covenant Living Of The Great Lakes
Grand Rapids, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Poor
How This Organization Compares
Compared to 3 peers in Housing & Shelter 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 | $18,707,460↑3% | $21,937,711↑9% | $49,554,473↑5% | — |
| 2022 | $18,119,091↓1% | $20,185,334↓8% | $47,357,813↑2% | — |
| 2021 | $18,284,551↑8% | $21,833,304↑16% | $46,465,743↓2% | — |
| 2020 | $16,972,431↑53% | $18,896,767↑58% | $47,551,052↑2% | — |
| 2019 | $11,079,015↓27% | $11,996,184↓30% | $46,770,711 | — |
| 2019 | $15,255,201↑4% | $17,065,953↑2% | $46,933,585↑1% | — |
| 2018 | $14,716,125↑2% | $16,787,738↑3% | $46,648,905↓1% | — |
| 2017 | $14,388,009↓2% | $16,224,700↓5% | $47,237,732↑1% | — |
| 2016 | $14,617,332 | $17,017,797↑9% | $46,606,204↑2% | — |
| 2015 | $14,663,871↑1% | $15,550,693↑4% | $45,673,511↑2% | — |
| 2014 | $14,526,243↑9% | $15,008,689↓9% | $44,900,281↓1% | — |
| 2013 | $13,298,857↑4% | $16,507,271↑9% | $45,532,700↓4% | — |
| 2012 | $12,794,777 | $15,085,299 | $47,515,178 | — |
Frequently Asked Questions
What does Covenant Living Of The Great Lakes do?▼
Covenant Living Of The Great Lakes is a housing & shelter nonprofit organization based in Michigan. It is classified under NTEE code L22Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Covenant Living Of The Great Lakes financially healthy?▼
Based on our 9-metric Financial Health Score model, Covenant Living Of The Great Lakes has a score of 30/100 (Grade: D). 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 Of The Great Lakes generate?▼
Covenant Living Of The Great Lakes reports $19.9M in annual revenue and holds $49.4M in total assets, based on IRS filings.
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