CSCharityScored
87

Covenant Health Inc

Health · Andover, Massachusetts

40 Shattuck Rd Ste 317, Andover, MA 01810-2456

EIN: 222484505· Founded: Mar 1946· 80 years active· Filing Year: 2023

Annual Revenue

$78.5M

Total Expenses

$74.2M

Total Assets

$364.1M

Program Spending

99%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$3.9M

5.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$13.9M

Total Payroll

$17.8M

24% of total expenses

Where the Money Goes

99%
Programs: 99%
Payroll: 24%
Other overhead: 1%
Program Revenue$73.8M (94%)
Total Expenses$74.2M (95%)
Payroll$17.8M (24%)
Overhead (non-program)1%

Trust Score Breakdown

Program Spending Ratio

99% of expenses go to programs

40%

Revenue & Stability

$78.5M annual revenue

15%

Executive Compensation

$3.9M total officer comp (5.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$364.1M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.