Washington · Nonprofit
COVENANT HEALTH SYSTEM
COVENANT HEALTH SYSTEM (Washington) receives grants from 3 organizations whose IRS filings report $6,025,000 to it, the largest being JF Maddox Foundation ($5,800,000). 1 of them have funded it in more than one year.
- Revenue FY2024
- $114M
- Funders on record
- 3
- Grants received
- $6.0M
- Net assets
- $-224076812
What Covenant Health System does
Mission
As expressions of god's healing love, witnessed through the ministry of jesus, we are steadfast in serving all, especially those who are poor and vulnerable.
As stated on its FY2024 Form 990.
Program
At providence, we use our voice to advocate for vulnerable populations and needed reforms in health care. We are also pursuing innovative ways to transform health care by keeping people healthy, and making our services more convenient, accessible and affordable for all. In an increasingly uncertain world, we are committed to high-quality, compassionate health care for everyone - regardless of coverage or ability to pay. We help people and communities benefit from the best health care model for the future - today. Together, our 125,000 caregivers (all employees) serve in 51 hospitals, 1,014 clinics and a comprehensive range of health and social services across alaska, california, montana, new mexico, oregon, texas and washington. The providence affiliate family includes: -providence across five western states -covenant health in west texas and new mexico -facey medical group in los angeles, ca -kadlec in southeast washington -pacific medical centers in seattle, wa -swedish health services in seattle, wa in 2024, providence ministries and affiliates provided $1.9 billion in community benefit programs. This includes free and discounted care, uncompensated and subsidized care, and…
$70,008,385 spent$101,161,712 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $70,008,385.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $717M to $144M (−80%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
2% of COVENANT HEALTH SYSTEM’s revenue is contributions — more donation-reliant than the typical peer (1% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Travis Funk
Board member/chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income rose $75k → $5.8M.
Left out of every figure on this page: $26M from 3 payers (the payer shares this organization's board, largest Covenant Health System Foundation). These are real filings, and they are not money COVENANT HEALTH SYSTEM raised.
From the IRS filings of COVENANT HEALTH SYSTEM’s funders (the co-funder graph). Top 2 of 3 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
COVENANT HEALTH SYSTEM leans on a few funders — its largest provides 96% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
COVENANT HEALTH SYSTEM draws 100% of its grant income from funders outside Washington, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
COVENANT HEALTH SYSTEM is better cushioned than half of the 2,075 health nonprofits its size.
this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024
Organizations like COVENANT HEALTH SYSTEM
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Washington
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
61% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 184 related entities
- Covenant Ltc-Gp LLC · disregarded
- Grace Clinic Holdings LLC · disregarded
- Covenant Long-Term Care LP · disregarded
- Collabria Care · exempt
- Covenant Aco · exempt
Screen this organization
A dated, signed PDF of the compliance screen for COVENANT HEALTH SYSTEM: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds COVENANT HEALTH SYSTEM?
- COVENANT HEALTH SYSTEM (Washington) receives grants from 3 organizations whose IRS filings report $6,025,000 to it, the largest being JF Maddox Foundation ($5,800,000). 1 of them have funded it in more than one year.
- How many funders does COVENANT HEALTH SYSTEM have?
- IRS filings report 3 organizations giving $6,025,000 in grants to COVENANT HEALTH SYSTEM, 1 of which have funded it in more than one year.
- Who is the largest funder of COVENANT HEALTH SYSTEM?
- JF Maddox Foundation is the largest funder on record, with $5,800,000 in grants. The full list of funders is on this page.
- How can an organization like COVENANT HEALTH SYSTEM find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing