990 Scout/ Covenant Academy/ Financials

Financial Information for Covenant Academy

Covenant Academy's annual revenue was $1.8M in tax year 2024, reported on their IRS Form 990. They spent $1.7M in total expenses. 98% went to programs and services.

Financial Breakdown

What is Covenant Academy's total annual expenses?

Covenant Academy spent $1.7M in tax year 2024, according to their IRS Form 990 filing.

How much of Covenant Academy's budget goes to programs?

Covenant Academy spent $1.6M (98% of expenses) on programs and services in tax year 2024.

How much does Covenant Academy spend on overhead?

Covenant Academy's overhead in tax year 2024 includes administrative (2%) and fundraising (1%) of their expenses.

What is Covenant Academy's net worth?

Covenant Academy had net assets of $760K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.