CSCharityScored
74

Covenant Hospital Hobbs

Health · Lubbock, Texas

3615 19Th St, Lubbock, TX 79410-1203

EIN: 844273963· Founded: Jan 2021· 5 years active· Filing Year: 2023

Annual Revenue

$39.8M

Total Expenses

$59.8M

Total Assets

$126.7M

Program Spending

56%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$74K

0.1% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$10.6M

Total Payroll

$10.7M

18% of total expenses

Where the Money Goes

56%
Programs: 56%
Payroll: 18%
Other overhead: 44%
Program Revenue$33.7M (85%)
Total Expenses$59.8M (100%)
Payroll$10.7M (18%)
Overhead (non-program)44%

Trust Score Breakdown

Program Spending Ratio

56% of expenses go to programs

40%

Revenue & Stability

$39.8M annual revenue

15%

Executive Compensation

$74K total officer comp (0.1% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$126.7M 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.