BEducationEIN: 430719506· Ruling Year: 1957

Covenant College Inc

Lookout Mtn, Georgia

A-Health Score
79A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.82×
Peer Median9.48×
💰
$49.7M
Total Revenue
📊
$53.2M
Total Expenses
🏦
$97.0M
Net Assets
📋
$2.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-8.1%
Year-over-year change (2022 → 2023)
Net Margin
-7.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.82
Net assets divided by total expenses
Liabilities-to-Assets
2.7%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$49,689,6118%$53,240,9123%$99,704,1122%
2022$54,082,55714%$51,842,1949%$101,474,6464%
2021$47,383,6297%$47,497,9431%$105,869,4028%
2020$50,724,7673%$48,119,8135%$98,255,6031%
2019$52,053,0767%$50,634,403$98,973,1411%
2018$56,270,73012%$50,621,1288%$100,341,1142%
2017$50,276,3148%$46,896,2667%$98,285,17413%
2016$46,733,7747%$43,974,923$87,274,5988%
2015$50,092,23010%$44,137,620$80,798,1249%
2014$45,412,0563%$44,254,0805%$74,123,1835%
2013$44,116,0517%$42,140,8264%$70,853,3445%
2012$41,370,787$40,689,767$67,775,515

Frequently Asked Questions

What does Covenant College Inc do?

Covenant College Inc is a education nonprofit organization based in Georgia. It is classified under NTEE code B420 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Covenant College Inc financially healthy?

Based on our 9-metric Financial Health Score model, Covenant College Inc has a score of 79/100 (Grade: A-). 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 College Inc generate?

Covenant College Inc reports $55.5M in annual revenue and holds $102.2M in total assets, based on IRS filings.

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