Nonprofit screen
Screen a listCovenant Hospital Hobbs
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$51Mrevenue
FY2024 · +14% in 3 yrs227staff
5 of 5years filed
’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−44.9%
Months of reserve0.2mo
Revenue growth (annualized)+4.4%
Middle half of peersMedianCovenant Hospital Hobbs
Where the money goes FY2024 · $74M spent
Programs$71M96%Management and general$2.7M4%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$20M in FY2023 and −$23M in FY2024. Cash covers 0.2 months, under the peer median of 1.7.
990 Part I and balance sheetIn its favor1
Strong governance
6 of 8 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VI1funder
$3.1Ma year, last 2 years
100%from its largest funder
Funder’22’23Covenant Health System FoundationBack in FY2023$6.3M
Funded