Tennessee · Nonprofit
THE COVENANT SCHOOL
THE COVENANT SCHOOL (Tennessee) receives grants from 22 organizations whose IRS filings report $1,134,974 to it, the largest being THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE INC ($500,614). 10 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $4.2M
- Funders on record
- 22
- Grants received
- $1.1M
- Net assets
- $844k
What The Covenant School does
Mission
To assist christian parents by providing an exceptional academic education informed by the word of god. Our students are known, loved, and prepared to go into the world courageously as image-bearers of christ.
As stated on its FY2025 Form 990.
Program
The Covenant School is a christ-centered independent school serving children in preschool through sixth grade. The school assists christian parents by providing an exceptional academic education informed by the word of god. As covenant celebrates childhood, students are known, loved, and prepared to go into the world courageously as image-bearers of christ. During the fiscal year, covenant continued to deliver a comprehensive educational program that integrates academic excellence, spiritual formation, and whole-child development. Students engaged daily in a robust curriculum emphasizing literacy, mathematics, science, the arts, and character formation, all within a nurturing environment that honors the joy, curiosity, and wonder of childhood.- continued on schedule o
$3,632,761 spentof which $248,625 as grants$2,931,975 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $3,632,761.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 12 funders, grant income rose $12k → $591k.
10 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 68% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of THE COVENANT SCHOOL’s funders (the co-funder graph). Top 21 of 22 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
THE COVENANT SCHOOL leans on a few funders — its largest provides 44% of grant income and the top three 61%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
74% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE COVENANT SCHOOL.
Largest funder’s share by year: 2017 58% · 2018 83% · 2019 54% · 2020 42% · 2021 100% · 2022 38% · 2023 72% — growing more concentrated.
“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.
How long its funders stay
50% of THE COVENANT SCHOOL's funders are still giving 3 years after their first grant; 45% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
68% of THE COVENANT SCHOOL's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $367k that is directly attributable, 63% of it comes from Tennessee funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $768k arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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
THE COVENANT SCHOOL is better cushioned than half of the 9,398 education nonprofits its size.
this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025
Organizations like THE COVENANT SCHOOL
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 Tennessee
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
75% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for THE COVENANT SCHOOL: 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 THE COVENANT SCHOOL?
- THE COVENANT SCHOOL (Tennessee) receives grants from 22 organizations whose IRS filings report $1,134,974 to it, the largest being THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE INC ($500,614). 10 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does THE COVENANT SCHOOL have?
- IRS filings report 22 organizations giving $1,134,974 in grants to THE COVENANT SCHOOL, 10 of which have funded it in more than one year.
- Who is the largest funder of THE COVENANT SCHOOL?
- THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE INC is the largest funder on record, with $500,614 in grants. The full list of funders is on this page.
- How can an organization like THE COVENANT SCHOOL find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Covenant School →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2025–2025), and the filings of 22 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