65
Covenant Ministries Of Benevolence
Unknown · Chicago, Illinois
4055 W Peterson Ave Ste 106, Chicago, IL 60646-6183
EIN: 363486813· Founded: Jul 1975· 51 years active· Filing Year: 2023
Annual Revenue
$5.8M
Total Expenses
$4.6M
Total Assets
$53.9M
Program Spending
60%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$813K
17.6% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$326K
Total Payroll
$1.1M
25% of total expenses
Where the Money Goes
60%
Programs: 60%
Payroll: 25%
Other overhead: 40%
Program Revenue$2.8M (48%)
Total Expenses$4.6M (80%)
Payroll$1.1M (25%)
Overhead (non-program)40%
Trust Score Breakdown
Program Spending Ratio
60% of expenses go to programs
Revenue & Stability
$5.8M annual revenue
Executive Compensation
$813K total officer comp (17.6% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$53.9M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.