CSCharityScored
90

Covenant Medical Center Inc

Health · Waterloo, Iowa

3421 W 9Th St, Waterloo, IA 50702-5401

EIN: 421264647· Founded: Mar 1946· 80 years active· Filing Year: 2023

Annual Revenue

$328.8M

Total Expenses

$335.8M

Total Assets

$225.2M

Program Spending

94%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$2.9M

0.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$145.4M

Total Payroll

$148.6M

44% of total expenses

Where the Money Goes

94%
Programs: 94%
Payroll: 44%
Other overhead: 6%
Program Revenue$315.7M (96%)
Total Expenses$335.8M (100%)
Payroll$148.6M (44%)
Overhead (non-program)6%

Trust Score Breakdown

Program Spending Ratio

94% of expenses go to programs

40%

Revenue & Stability

$328.8M annual revenue

15%

Executive Compensation

$2.9M total officer comp (0.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$225.2M 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.