PHuman 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$136,714,8058%$128,477,3913%$406,388,2313%
2022$126,747,7594%$124,146,4402%$394,707,0585%
2021$122,340,1451%$127,182,9779%$414,845,282
2020$123,006,85357%$116,401,16659%$412,786,6141%
2019$78,516,16930%$72,985,31930%$408,438,5032%
2019$112,955,2803%$104,511,5211%$399,742,74813%
2018$109,369,469$103,742,6454%$352,660,1722%
2017$108,915,2444%$99,974,7193%$345,711,1814%
2016$104,942,20015%$96,762,73116%$333,950,5144%
2015$91,593,82613%$83,275,89913%$319,650,7305%
2014$81,241,2222%$73,613,8452%$303,600,97413%
2013$79,425,6975%$71,896,4175%$268,258,0253%
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 $133.0M in annual revenue and holds $439.4M in total assets, based on IRS filings.

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