CSCharityScored
88

Covenant Woods

Health · Mechanicsville, Virginia

7090 Covenant Woods Dr, Mechanicsville, VA 23111-7025

EIN: 540524902· Founded: Oct 1942· 84 years active· Filing Year: 2023

Annual Revenue

$36.8M

Total Expenses

$43.6M

Total Assets

$151.8M

Program Spending

76%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$696K

1.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$17.4M

Total Payroll

$18.1M

41% of total expenses

Where the Money Goes

76%
Programs: 76%
Payroll: 41%
Other overhead: 24%
Program Revenue$33.3M (90%)
Total Expenses$43.6M (100%)
Payroll$18.1M (41%)
Overhead (non-program)24%

Trust Score Breakdown

Program Spending Ratio

76% of expenses go to programs

40%

Revenue & Stability

$36.8M annual revenue

15%

Executive Compensation

$696K total officer comp (1.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$151.8M 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.