Covenant House is a 501(c)(3) organization based in New York, New York, registered in 1973, with $93,878,754 in FY2023 revenue. CharityIndex grades it A, and it directs about 78% of spending to programs.
Revenue (FY2023)
$93.9M
▲ 6.3% vs prior year
Human Services median: $293K
Expenses (FY2023)
$92.7M
Net assets
$134.8M
Employees
133
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Covenant House: 78% to programs · $11 to raise $100 earns a B+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Covenant House: 17 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Covenant House: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Covenant House: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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See schedule o
See schedule o - education and employment services/public education and prevention programs- education and employment servicesyoung people arrive at covenant house with dreams that have been disrupted by homelessness. at the time of intake, 23% are employed and 22% are enrolled in school. advancing educationally and preparing for the world of work are key to a young person's prospects for leaving homelessness behind. either directly or through referral, we guide youth to appropriate educational and vocational opportunities, matching each young person's strengths and abilities with their career interests. our career pathways pilot program in information technology is helping youth prepare for careers that offer a livable wage and room to grow professionally. our workforce development program helps them hone the skills they need to join the workforce, become independent, and sustainably exit homelessness. in fiscal year 2024, about 1,900 youth enrolled or remained in school, 1,300 engaged in on-site education programs provided at covenant house, 2,600 obtained or maintained employment, and 2,900 youth engaged in on-site workforce development programs.- public education and preventioncovenant house uses a variety of platforms to inform and educate the public, government officials, and young people themselves about youth homelessness and human trafficking. we employ websites, social media, newsletters, school-based programs, talks, lectures, and peer-to-peer events across our federation to raise awareness of the causes and impacts of youth homelessness and of the signs that a young person might be experiencing homelessness or human trafficking. we also advocate locally and nationally for just laws that impact young people experiencing or at risk of homelessness and for increased housing options that are affordable for youth. in fiscal year 2024, we reached 41,000 young people through our public education and prevention program.
See schedule o - transitional living program - rights of passage "rop"-transitional living program - rights of passage "rop"covenant house's transitional living programs, often referred to as "rights of passage or rop, are where young people take their boldest steps toward independence. youth live in rop for up to 18-24 months, where they tap into their potential and plan for the future. our research shows that the longer a young person resides with us and takes advantage of our wraparound programs, the more likely they are to experience positive outcomes, including stable housing, gainful employment, and higher education. in our transitional living program, youth build basic life skills and financial literacy, participate in educational and vocational programs, seek employment with long-term advancement and career prospects, and work toward moving into their own safe and stable housing. covenant house staff support each young person on their journey toward sustainable independence and a hope-filled future. in fiscal year 2024, our transitional living programs served 1,182 young people.
- street outreachin vans and on foot, covenant house outreach workers go out to the neighborhoods, riverfronts, parks, and other places where youth facing homelessness often seek refuge and offer them food, resources, and counseling. through sustained contact, our outreach workers build trust with young people, encouraging them to come into our shelters and connect to our programs and services. in fiscal year 2024, we served 4,900 young people through our outreach programs.- human trafficking survivorsof the thousands of young people who find safety and sanctuary at covenant house, our research indicates that approximately one in five youth residing at our u.s. and canadian sites and more than one in two at our latin american sites are survivors of human trafficking. young people experiencing homelessness are vulnerable to traffickers, who prey on their need for love, support, a safe place to sleep, and food, to create a t
Revenue grew from $62.9M (FY2013) to $93.9M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
1.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$159.8M
Total liabilities
$25.0M
Net assets
$134.8M
Salaries & benefits
$20.5M
22% of expenses
Board members
33
33 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $93,878,754▲6.3% | $92,682,479▼0.9% | $134,813,261▲5.3% | $159,802,055▲3.3% | 990 |
| 2022 | $88,308,947▼42.9% | $93,499,670▲0.6% | $128,032,063▼1.0% | $154,690,928▼0.8% | 990 |
| 2021 | $154,746,645▲77.4% | $92,946,496▲10.9% | $129,359,296▲93.8% | $155,866,483▼0.4% | 990 |
| 2020 | $87,221,273▼6.5% | $83,775,489▲7.2% | $66,760,316▲18.5% | $156,506,513▲26.0% | 990 |
| 2019 | $93,310,785▲32.4% | $78,169,379▲10.2% | $56,321,805▲7.7% | $124,224,135▲4.9% | 990 |
| 2018 | $70,452,876▼17.3% | $70,935,940▼1.8% | $52,276,256▼5.9% | $118,427,043▲11.0% | 990 |
| 2017 | $85,149,978▲20.6% | $72,205,214▼0.9% | $55,561,874▲46.4% | $106,738,113▼1.8% | 990 |
| 2016 | $70,622,577▲2.9% | $72,885,560▲0.5% | $37,963,543▲2.9% | $108,745,418▲2.9% | 990 |
| 2015 | $68,613,155▲2.7% | $72,503,542▲5.1% | $36,889,380▼22.9% | $105,697,854▲3.0% | 990 |
| 2014 | $66,780,491▲6.2% | $68,977,475▲7.6% | $47,816,084▼12.5% | $102,600,972▲1.7% | 990 |
| 2013 | $62,898,623 | $64,100,185▼3.0% | $54,652,339 | $100,839,467▼5.3% | 990 |
| 2012 | — | $66,098,655▲4.4% | $54,640,272▼13.1% | $106,524,849▲11.9% | 990 |
| 2011 | — | $63,299,366▲1.9% | $62,873,520▼13.0% | $95,174,908▲1.7% | 990 |
| 2010 | — | $62,141,074▼3.5% | $72,296,618▼1.8% | $93,560,658▼0.6% | 990 |
| 2009 | — | $64,428,065 | $73,605,087 | $94,099,538 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Deirdre Cronin — $418,118 (0.45% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Deirdre Cronin | Former Secretary/coo | 0 | $418,118 |
| William Bedrossian | President & Ceo | 23 | $388,395 |
| Pamela Kournetas | Treasurer/cfo | 32 | $388,115 |
| Jill Vorndran | Chief Development Officer | 35 | $366,831 |
| Carlette Mack | Chief People, Culture, & Inclusion | 35 | $362,864 |
| John Ducoff | Chief Legal Officer/secretary | 35 | $356,163 |
| Thomas Monaghan | Svp, Key Partnerships | 35 | $283,389 |
| Leslie Mcguire | Svp, Operations & Site Support | 35 | $259,767 |
| Daniel Karp | Svp, Integrated Direct Marketing | 35 | $256,955 |
| Gina Bulter | Svp, Key Relationships | 35 | $221,333 |
| Andy Bustillo | Director | 1 | — |
| Ariana Debose | Director | 1 | — |
| Audra A Mcdonald | Director | 1 | — |
| Bill Livek | Director | 1 | — |
| Brian M Cashman | Director | 1 | — |
| Capathia Y Jenkins | Director, Thru Sept. 2023 | 1 | — |
| David Acker | Director | 1 | — |
| David Eklund | Director | 1 | — |
| David Hegarty | Director | 1 | — |
| Denis Coleman | Director | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Production Solutions | Printing Services | $8,539,879 |
| Television Fundraising Solutions | Television Advertising Services | $3,910,524 |
| Altus Marketing LLC | Digital Advertsing | $1,896,493 |
| Innovairre Global LLC | Printing Services | $950,369 |
| Direct Media LLC | List Services | $686,310 |
297 grants to Covenant House totaling $42.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Paypal Charitable Giving Fund | General support | 2024 | $509,829 |
| American Endowment Foundation | Human service | 2024 | $255,700 |
| Ayco Charitable Foundation | Community & human services | 2024 | $152,100 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $95,500 |
| Charities Aid Foundation America | Charitable donation | 2024 | $75,186 |
| The Bessemer Giving Fund | General support | 2024 | $75,000 |
| Silicon Valley Community Foundation | Human services | 2024 | $63,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $56,893 |
| Stonier Scholarship Inc | General support to further the organization's purpose. | 2024 | $40,000 |
| The Blackbaud Giving Fund | General support | 2024 | $37,374 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $37,000 |
| Community Foundation of New Jersey | General or mentoring | 2024 | $25,000 |
| The Seattle Foundation | National youth homelessness prevention | 2024 | $22,500 |
| American Online Giving Foundation Inc | General support | 2024 | $18,680 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $15,700 |
15 grants totaling $32.3M in FY2023. All grants made by Covenant House →
| Recipient | Purpose | Amount |
|---|---|---|
| Under 21 | Program support/ national sleepout event | $11,246,817 |
| Covenant House New Jersey Inc | Program support/ national sleepout event | $4,079,900 |
| Covenant House Florida Inc | Program support/ national sleepout event | $2,451,065 |
| Covenant House California | Program support/ national sleepout event | $2,406,483 |
| Ch Pennsylvania Under - 21 | Program support/ national sleepout event | $2,051,957 |
| Covenant House Washington Dc | Program support/ national sleepout event | $1,705,410 |
| Covenant House Texas | Program support/ national sleepout event | $1,634,420 |
| Covenant House New Orleans | Program support/ national sleepout event | $1,560,883 |
| Covenant House Georgia Inc | Program support/ national sleepout event | $1,257,107 |
| Covenant House Illinois Inc | Program support/ national sleepout event | $1,079,507 |
| Covenant House Missouri | Program support/ national sleepout event | $1,007,214 |
| Covenant House Michigan | Program support/ national sleepout event | $877,493 |
| Covenant House Alaska | Program support/ national sleepout event | $841,365 |
| Covenant International Foundation | Program support | $67,530 |
| Charlotte Rescue Mission | General support | $25,329 |
Explore more
Data for Covenant House (EIN 13-2725416) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.