New Covenant Community Development is a 501(c)(3) organization based in Chicago, Illinois, registered in 2014, with $1,266,671 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.3M
▲ 83.3% vs prior year
Community median: $184K
Expenses (FY2024)
$771K
Net assets
$1.4M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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. Not scored for New Covenant Community Development— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). 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 New Covenant Community Development: 21 mo reserves · +39% 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. Not scored for New Covenant Community Development— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). 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 New Covenant Community Development: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $11K (FY2013) to $1.3M (FY2024) across 9 reported years.
Financial snapshot
Operating margin
39.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$15K
Net assets
$1.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,266,671▲83.3% | $771,317▼2.0% | $1,374,099▲56.4% | $1,389,423▲36.4% | 990 |
| 2023 | $691,128▼35.1% | $787,169▼0.7% | $878,745▼55.6% | $1,018,904▼79.2% | 990 |
| 2022 | $1,064,357▼43.8% | $792,662▼33.9% | $1,978,068▲26.1% | $4,909,167▲212% | 990 |
| 2021 | $1,893,496▲57.5% | $1,199,751▲159% | $1,568,110▲79.3% | $1,571,797▲79.2% | 990 |
| 2020 | $1,202,095▲882% | $463,538▲119% | $874,365▲332% | $877,184▲310% | 990 |
| 2016 | $122,455▲30.5% | $212,094▲9.6% | $202,464▼30.7% | $213,964▼29.5% | 990EZ |
| 2015 | $93,853▲30.8% | $193,579▲19.5% | $292,123▼25.4% | $303,623▼24.5% | 990EZ |
| 2014 | $71,756▲535% | $161,999▲76.9% | $391,847▼18.7% | $402,374▼17.0% | 990EZ |
| 2013 | $11,303 | $91,552 | $482,091 | $485,046 | 990EZ |
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.
22 grants to New Covenant Community Development totaling $2.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Local Initiatives Support Corporation | See part iv | 2024 | $91,626 |
| National Christian Charitable Foundation | Community development | 2024 | $66,000 |
| Local Initiatives Support Corporation | See part iv | 2023 | $242,742 |
| National Christian Charitable Foundation | Growth | 2023 | $66,000 |
| Womens Business Development Center | Business support organizations (allstate) grants | 2023 | $25,000 |
| Womens Business Development Center | Business support organizations (we rise) providing technical assistance | 2023 | $15,000 |
| Local Initiatives Support Corporation | See part iv | 2022 | $322,385 |
| The Chicago Community Trust | General operating support, support for fall fund raising event 2022 (no tickets or tangible benefits), support for prep by pepsico internship participation 2023 | 2022 | $192,500 |
| Trust For Public Land | Grants | 2022 | $162,760 |
| Jewish Federation of Metropolitan Chicago | Grants from donor advised funds - operating support | 2022 | $50,000 |
| The Chicago Community Trust | General operating support. support of north lawndale community coordinating council's capacity to improve pathways to middle-wage job opportunities and connect north lawndale residents, ages 16-24, to local employers. in support of its financial dashboard planning phase. to support the financial dashboard course program. | 2021 | $315,000 |
| The Chicago Community Trust | General operating support. support of north lawndale community coordinating council's capacity to improve pathways to middle-wage job opportunities and connect north lawndale residents, ages 16-24, to local employers. in support of its financial dashboard planning phase. to support the financial dashboard course program. | 2021 | $315,000 |
| Local Initiatives Support Corporation | See part iv | 2021 | $153,798 |
| The Chicago Community Trust | To support "now is the time organizations, financial dashboard trainin, north lawndale community coordinating council, flexible funds program, and general operating support | 2020 | $296,000 |
| United Way of Metropolitan Chicago Inc | Program support | 2020 | $25,000 |
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Data for New Covenant Community Development (EIN 80-0797774) 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.