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Texas · Nonprofit

COVENANT NEIGHBORHOODS INC

COVENANT NEIGHBORHOODS INC (Texas) receives grants from 1 organization whose IRS filings report $25,000 to it, the largest being GULF COAST HOUSING PARTNERSHIP INC ($25,000). 0 of them have funded it in more than one year.

$2.0M
Revenue FY2024
1
Funders on record
$25k
Grants received
$5.1M
Net assets
0/1 repeat funderspeak grant-dependency 9%

Against its field

COVENANT NEIGHBORHOODS INC has grown faster than three-quarters of the 3,969 housing & shelter nonprofits its size.

Operating margin−37% · bottom quartile
Months of reserve10.4mo · above the median
Revenue growth (annualized)45% · top quartile

this organization peer median middle 50% of peers· 3,969 housing & shelter nonprofits $1M–$10M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

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.

100 = 20172017 Revenue 100 ($145k) Expenses 100 ($141k) Net assets 100 ($2.9M)2018 Revenue 122 ($178k) Expenses 83 ($117k) Net assets 102 ($3.0M)2019 Revenue 430 ($625k) Expenses 99 ($140k) Net assets 119 ($3.5M)2020 Revenue 192 ($279k) Expenses 284 ($400k) Net assets 115 ($3.3M)2021 Revenue 1599 ($2.3M) Expenses 382 ($539k) Net assets 176 ($5.1M)2022 Revenue 675 ($981k) Expenses 338 ($477k) Net assets 193 ($5.6M)2023 Revenue 554 ($804k) Expenses 406 ($574k) Net assets 201 ($5.9M)2024 Revenue 1350 ($2.0M) Expenses 1903 ($2.7M) Net assets 176 ($5.1M)
'17'18'19'20'21'22'23'24
Revenue (1350)Expenses (1903)Net assets (176)Peer revenue range

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

0% of COVENANT NEIGHBORHOODS INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (39% for the typical peer).

This organization
Typical peer · 4,227 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$4k
17
$61k
18
$485k
19
$121k
20
$1.8M
21
$503k
22
$231k
23
$724k
24
10
months of
reserve
02Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'20
total
funders
1

From the IRS filings of COVENANT NEIGHBORHOODS INC’s funders (the co-funder graph). 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.

Where its funders are

COVENANT NEIGHBORHOODS INC draws 100% of its grant income from funders outside Texas, across 1 state in all.

LA

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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like COVENANT NEIGHBORHOODS INC

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

98% of spending goes to programs.

Program 98%Management 1%Fundraising 0%

Governance

3
board members
67%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

97%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 5 related entities

  • Covenant Meadows LLC · disregarded
  • 2222 Cleburne Development LLC · disregarded
  • 3103 McKinney Development LLC · disregarded
  • Kingwood Senior Village LP · partnership
  • McKee City Living Gp LLC · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for COVENANT NEIGHBORHOODS INC: 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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds COVENANT NEIGHBORHOODS INC?
COVENANT NEIGHBORHOODS INC (Texas) receives grants from 1 organization whose IRS filings report $25,000 to it, the largest being GULF COAST HOUSING PARTNERSHIP INC ($25,000). 0 of them have funded it in more than one year.
How many funders does COVENANT NEIGHBORHOODS INC have?
IRS filings report 1 organization giving $25,000 in grants to COVENANT NEIGHBORHOODS INC.
Who is the largest funder of COVENANT NEIGHBORHOODS INC?
GULF COAST HOUSING PARTNERSHIP INC is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
How can an organization like COVENANT NEIGHBORHOODS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. 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 1funders 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 August 27, 2026. What this page cannot tell you · view filing