Covenant House FY2020 filing

Tax-deductible

New York, NY501(c)(3)Since 1972Human ServicesEIN 13-2725416Revenue $93.3M in FY2020

On file with the IRScovenanthouse.org475 W 40th Street, 10018-0000 · New York, NYTax-exempt since Mar 1973Publicly supported charity — 170(b)(1)(A)(vi)

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501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$2.2M paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $12.4M a year · 12% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.2M
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $542K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$67.9M
55% of total assets
Fine: liabilities are 55% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
33
of 33 voting members
Looks good: 33 of 33 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$93.3M
Spent
$78.2M
To programs
79%
Net assets
$56.3M
By yearFY2020–FY2025
Revenue
$93.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$93.3M
FY2021$87.2M
FY2022$154.7M
FY2023$88.3M
FY2024$93.9M
FY2025$94.6M
Expenses
$78.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$78.2M
FY2021$83.8M
FY2022$92.9M
FY2023$93.5M
FY2024$92.7M
FY2025$96.3M
Net assets
$56.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$56.3M
FY2021$66.8M
FY2022$129.4M
FY2023$128.0M
FY2024$134.8M
FY2025$139.9M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1973.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $61.5M Management & general 9% · $7.3M Fundraising 12% · $9.4M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

44 people listed on the 990; $2.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Chief Development Officer
$295,793Pt VII · Sec A
Secretary/COO
$260,952Pt VII · Sec A
EVP Program Operations
$241,440Pt VII · Sec A
Treasurer/CFO
$240,126Pt VII · Sec A
SVP, Indiv. Giving & Corporate Partnerships
$227,309Pt VII · Sec A
SVP, Operations & Site Support
$223,329Pt VII · Sec A
SVP Latin America
$195,533Pt VII · Sec A
Chief Legal Officer
$191,437Pt VII · Sec A

Carlette Mack Chief People’s $516K as Culture, & Inclusion, Thru Aug 2024 is at the 96th percentile of top reported officer pay among 3122 $10–100M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Carlette Mack Chief People$516,140—————
William Bedrossian$474,264$388,395————
Deirdre Cronin—$418,118$346,662$285,397$269,689$260,952
Pamela Kournetas$400,496$388,115$383,268$315,836$285,634$240,126
Jill Vorndran$386,818$366,831$369,173$308,253$300,665$295,793
John Ducoff$382,820$356,163$349,908$282,851$277,774$191,437
Virginia Pryor$371,376—————
Leslie McGuire$371,020$259,767$246,674$240,386$233,238$223,329

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides transitional living programs and support for young people experiencing homelessness to achieve independence.

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Provided by the organization

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3 programs · $49.2M · in their own filed words · FY2019
01

See Schedule O

Immediate housing (shelter and crisis care)- immediate housingcovenant house welcomes all young people facing homelessness with unconditional love, absolute respect, and relentless support, and our shelter doors are always open, 24/7.

$25.3Mprogram expense
02

See Schedule O

Education and employment services (public education program)- education and employment servicesyoung people arrive at covenant house with dreams that have been disrupted by homelessness. Only about 21% are enrolled in school at the time of intake.

$13.5Mprogram expense
03

See Schedule O

Transitional living program rights of passage "rop"-transitional living program rights of passage "rop"covenant house's transitional living programs, often referred to as "rights of passage or rop, are where young men and women take their boldest steps toward independence.

$10.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 7 funders →
Grants paid · 73 grants · $165.9M · 2019–2024
Under 21NY · FY2024$9,821,954
Covenant House New Jersey INCNJ · FY2024$4,499,948
Covenant House California INCCA · FY2024$2,504,426
Covenant House Florida INCFL · FY2024$2,205,367
Ch Pennsylvania Under - 21PA · FY2024$2,056,155
Covenant House Washington DCDC · FY2024$1,648,631
Covenant House TexasTX · FY2024$1,613,467
Covenant House New OrleansLA · FY2024$1,462,594
Covenant House MissouriMO · FY2024$1,435,014
Covenant House Georgia INCGA · FY2024$1,413,443
Covenant House Illinois INCIL · FY2024$1,307,122
Covenant House MichiganMI · FY2024$901,663
Covenant House AlaskaAK · FY2024$861,724
Under 21NY · FY2023$11,246,817
Covenant House New Jersey INCNJ · FY2023$4,079,900
Covenant House Florida INCFL · FY2023$2,451,065
See all 73 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$93.3M
Ln 12
Gifts and grantsLn 1h$88.8M
Fees for servicesLn 2g$1.9M
Investment incomeLn 3$1.8M
Money outPt IX
$78.2M
Ln 25
Programscol B$61.5M
Managementcol C$7.3M
Fundraisingcol D$9.4M
Owns and owesPt X
$56.3M
net assets · Ln 32
Cash and savingsLn 1–2$13.8M
Total assetsLn 16$124.2M
LiabilitiesLn 26$67.9M
PeoplePt VI, VII
44
listed · VII A
PaidVII A10
Voting boardVI 1a33
IndependentVI 1b33
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$88.8M
Government grantsLn 1e$201K
Noncash giftsLn 1g$5.4M
Fundraising eventsLn 1c$11.4M
Fees for servicesLn 2g$1.9M
Investment incomeLn 3$1.8M
Other incomeLn 4–11$782K
Gains on assetsLn 7$986K
Total revenueLn 12$93.3M
Assets in detailPt X, end of year
CashLn 1$2.7M
SavingsLn 2$11.0M
Cash and savings togetherLn 1–2$13.8M
InvestmentsLn 11–13$33.8M
Land, buildings, equipmentLn 10c$59.0M
Other assetsLn 15$10.2M
Total assetsLn 16$124.2M
LiabilitiesLn 26$67.9M
Net assetsLn 32$56.3M
OperationsPt I, VI
EmployeesI 5133
VolunteersI 643
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$9.2M$13.8M
InvestmentsLn 11–13$32.0M$33.8M
Land, buildings, equipmentLn 10c$55.0M$59.0M
Total assetsLn 16$118.4M$124.2M
LiabilitiesLn 26$66.2M$67.9M
Net assetsLn 32$52.3M$56.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$34.3M$34.3M
Grants and assistance to foreign recipientsLn 3$3.6M$3.6M
Pay of current officers, directors and key staffLn 5$1.1M$655K$383K$65K
Pay of disqualified personsLn 6$3K$3K
Other salaries and wagesLn 7$10.0M$6.6M$2.5M$794K
Pension plan contributionsLn 8$1.5M$1.0M$408K$120K
Other employee benefitsLn 9$877K$567K$243K$67K
Payroll taxesLn 10$846K$582K$197K$66K
Management feesLn 11a$30K$30K
Legal feesLn 11b$139K$139K
Accounting feesLn 11c$252K$252K
Professional fundraising feesLn 11e$822K$822K
Investment management feesLn 11f$64K$64K
Other fees for servicesLn 11g$6.0M$4.1M$1.3M$624K
Advertising and promotionLn 12$2.0M$861K$19K$1.1M
Office expensesLn 13$552K$352K$172K$28K
Information technologyLn 14$247K$218K$26K$3K
OccupancyLn 16$1.8M$1.2M$490K$118K
TravelLn 17$243K$215K$18K$10K
Conferences, conventions and meetingsLn 19$172K$145K$21K$6K
InterestLn 20$88K$49K$39K
Depreciation, depletion and amortizationLn 22$2.8M$1.9M$710K$196K
InsuranceLn 23$61K$61K
Other expenses (24a–d)Ln 24$10.6M$5.1M$173K$5.3M
All other expensesLn 24e$99K$99K
Total functional expensesLn 25$78.2M$61.5M$7.3M$9.4M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $94.6M$96.3M−$1.7M$139.9M 990 PDF
FY2024 $93.9M$92.7M$1.2M$134.8M 990 PDF
FY2023 $88.3M$93.5M−$5.2M$128.0M 990 PDF
FY2022 $154.7M$92.9M$61.8M$129.4M 990 PDF
FY2021 $87.2M$83.8M$3.4M$66.8M 990 PDF
FY2020 Viewing $93.3M$78.2M$15.1M$56.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $93,310,785 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $65,424,679$88,833,453
I-9 Program service revenuePrior year $2,490,040$1,906,079
I-10 Investment incomePrior year $1,776,484$1,789,161
I-11 Other revenuePrior year $761,673$782,092
I-12 Total revenuePrior year $70,452,876$93,310,785
I-13 Grants and similar amounts paidPrior year $35,052,036$37,914,531
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $12,866,832$14,345,977
I-16a Professional fundraising feesPrior year $811,972$822,499
I-17 Other expensesPrior year $22,205,100$25,086,372
I-18 Total expensesPrior year $70,935,940$78,169,379
I-19 Revenue less expensesPrior year −$483,064$15,141,406
Part VI · Governance 33 of 33 board members independent, no flags
VI-1a Voting members of the governing body33
VI-1b Independent voting members33
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $93,310,785 across 13 lines filed
VIII-1a Federated campaigns$31,725
VIII-1c Fundraising events$11,439,341
VIII-1e Government grants$201,398
VIII-1f All other contributions, gifts and grants$77,160,989
VIII-1g Noncash contributions (included above)$5,413,482
VIII-1h Total contributions, gifts and grants$88,833,453
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,906,079$1,906,079
VIII-3 Investment incomeExcluded from tax $803,377$803,377
VIII-5 RoyaltiesExcluded from tax $432,069$432,069
VIII-7 Net gain or loss on sales of assetsExcluded from tax $985,784$985,784
VIII-8 Net income from fundraising eventsExcluded from tax −$124,005−$124,005
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $474,028$474,028
VIII-12 Total revenueRelated to mission $1,906,079 · Unrelated business $0 · Excluded from tax $2,571,253$93,310,785
Part IX · Statement of functional expenses $78,169,379 across 25 lines filed
IX-1 Grants to domestic organizationsPrograms $34,339,275$34,339,275
IX-3 Grants and assistance to foreign recipientsPrograms $3,575,256$3,575,256
IX-5 Pay of current officers, directors and key staffPrograms $655,012 · Management $382,551 · Fundraising $64,901$1,102,464
IX-6 Pay of disqualified personsManagement $3,276$3,276
IX-7 Other salaries and wagesPrograms $6,646,388 · Management $2,534,143 · Fundraising $793,948$9,974,479
IX-8 Pension plan contributionsPrograms $1,014,763 · Management $408,152 · Fundraising $119,851$1,542,766
IX-9 Other employee benefitsPrograms $566,513 · Management $243,283 · Fundraising $67,339$877,135
IX-10 Payroll taxesPrograms $582,270 · Management $197,216 · Fundraising $66,371$845,857
IX-11a Management feesPrograms $30,000$30,000
IX-11b Legal feesManagement $139,338$139,338
IX-11c Accounting feesManagement $252,439$252,439
IX-11e Professional fundraising feesFundraising $822,499$822,499
IX-11f Investment management feesManagement $64,247$64,247
IX-11g Other fees for servicesPrograms $4,104,174 · Management $1,257,763 · Fundraising $624,016$5,985,953
IX-12 Advertising and promotionPrograms $861,154 · Management $19,485 · Fundraising $1,095,683$1,976,322
IX-13 Office expensesPrograms $352,397 · Management $172,102 · Fundraising $27,742$552,241
IX-14 Information technologyPrograms $217,930 · Management $26,246 · Fundraising $2,578$246,754
IX-16 OccupancyPrograms $1,166,230 · Management $489,630 · Fundraising $117,569$1,773,429
IX-17 TravelPrograms $215,330 · Management $17,928 · Fundraising $10,225$243,483
IX-19 Conferences, conventions and meetingsPrograms $145,362 · Management $20,935 · Fundraising $5,744$172,041
IX-20 InterestPrograms $49,178 · Management $39,053$88,231
IX-22 Depreciation, depletion and amortizationPrograms $1,865,819 · Management $710,196 · Fundraising $195,916$2,771,931
IX-23 InsuranceManagement $61,086$61,086
IX-24 Other expenses (24a–d)Programs $5,107,379 · Management $173,453 · Fundraising $5,349,118$10,629,950
IX-24e All other expensesManagement $98,927$98,927
IX-25 Total functional expensesPrograms $61,494,430 · Management $7,311,449 · Fundraising $9,363,500$78,169,379
Part X · Balance sheet $124,224,135 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $2,862,524$2,716,169
X-2 Savings and temporary cash investmentsStart of year $6,362,395$11,037,917
X-3 Pledges and grants receivableStart of year $8,205,130$3,531,428
X-4 Accounts receivableStart of year $42,291$88,188
X-9 Prepaid expenses and deferred chargesStart of year $394,114$716,648
X-10c Land, buildings and equipment, netStart of year $54,958,493$59,035,571
X-11 Publicly traded securitiesStart of year $28,928,907$30,954,780
X-12 Other securitiesStart of year $3,115,900$2,881,314
X-14 Intangible assetsStart of year $2,320,714$3,063,071
X-15 Other assetsStart of year $11,236,575$10,199,049
X-16 Total assetsStart of year $118,427,043$124,224,135
X-17 Accounts payable and accrued expensesStart of year $2,650,163$3,030,064
X-18 Grants payableStart of year $15,519$14,819
X-24 Unsecured notes and loans payableStart of year $5,950,000$2,075,000
X-25 Other liabilitiesStart of year $34,209,794$41,605,422
X-26 Total liabilitiesStart of year $66,150,787$67,902,330
X-27 Net assets without donor restrictionsStart of year $28,168,874$33,004,275
X-28 Net assets with donor restrictionsStart of year $24,107,382$23,317,530
X-32 Total net assets or fund balancesStart of year $52,276,256$56,321,805
X-33 Total liabilities and net assetsStart of year $118,427,043$124,224,135
Part XI · Reconciliation of net assets $56,321,805 net assets at year end
XI-1 Total revenue$93,310,785
XI-2 Total expenses$78,169,379
XI-3 Revenue less expenses$15,141,406
XI-4 Net assets at start of year$52,276,256
XI-5 Net unrealized gains (losses) on investments−$862,376
XI-9 Other changes in net assets−$10,233,481
XI-10 Net assets at end of year$56,321,805

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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