EHealth CareEIN: 481118074· Ruling Year: 1992

Covenant Housing Corporation

Wichita, Kansas

AHealth Score
86A

Financial Health Score

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

Excellent

How This Organization Compares

Compared to 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.64×
Peer Median29.34×
💰
$6.2M
Total Revenue
📊
$4.7M
Total Expenses
🏦
$12.5M
Net Assets
📋
$884K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+15.4%
Year-over-year change (2022 → 2023)
Net Margin
+23.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.64
Net assets divided by total expenses
Liabilities-to-Assets
6.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,202,89715%$4,746,6376%$13,417,21810%
2022$5,376,72516%$4,497,90516%$12,205,6804%
2021$4,649,3762%$3,871,9291%$11,732,2563%
2020$4,544,7433%$3,891,84512%$11,336,6656%
2019$4,400,4913%$3,482,6433%$10,714,1405%
2018$4,552,4805%$3,581,4843%$10,195,1678%
2017$4,347,4643%$3,466,6017%$9,441,1509%
2016$4,236,1664%$3,230,4354%$8,697,7858%
2015$4,072,9452%$3,101,1183%$8,019,71110%
2014$3,979,0104%$3,024,2702%$7,267,85811%
2013$3,840,1514%$2,962,144$6,532,72912%
2012$3,682,30411%$2,972,6353%$5,821,5438%
2011$3,326,221$2,880,775$5,389,469

Frequently Asked Questions

What does Covenant Housing Corporation do?

Covenant Housing Corporation is a health care nonprofit organization based in Kansas. It is classified under NTEE code E900 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Covenant Housing Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Covenant Housing Corporation has a score of 86/100 (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 Housing Corporation generate?

Covenant Housing Corporation reports $6.6M in annual revenue and holds $14.1M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Health Care category, or browse all nonprofits in Kansas.