CSCharityScored
87

Covenant Living Of The Great Lakes

Human Services · Grand Rapids, Michigan

2510 Lake Michigan Drive Nw, Grand Rapids, MI 49504-8042

EIN: 383244636· Founded: Jul 1975· 51 years active· Filing Year: 2023

Annual Revenue

$18.7M

Total Expenses

$21.9M

Total Assets

$49.6M

Program Spending

77%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$46K

0.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$5.7M

Total Payroll

$5.8M

26% of total expenses

Where the Money Goes

77%
Programs: 77%
Payroll: 26%
Other overhead: 23%
Program Revenue$16.9M (90%)
Total Expenses$21.9M (100%)
Payroll$5.8M (26%)
Overhead (non-program)23%

Trust Score Breakdown

Program Spending Ratio

77% of expenses go to programs

40%

Revenue & Stability

$18.7M annual revenue

15%

Executive Compensation

$46K total officer comp (0.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$49.6M 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.