Covenant House California

What it reported doing in 2024

Health and well being: homelessness impacts young people's physical and mental well-being in many ways, and because youth are still developing cognitively, physically, psychologically, and emotionally, those impacts can have deep effects. This is even more the case for young people of color and those who identify as lgbtq+, as they face unique challenges associated with racism and prejudice, and for survivors of human trafficking. More than half (56%) of all chc youth tell us they are dealing with a mental health challenge, and our data shows that lgbtq+ youth are more likely to face these challenges than their peers.chc welcomes all young people with unconditional love and absolute respect. Our trauma-informed health and well-being services range from medical care at the on-site health centers at certain covenant house affiliates, to yoga classes, art and music therapy, one-on-one and group counseling, religious and spiritual services, and physical fitness. Through these activities and the stability and care they receive at chc, young people begin to heal from the harm they experienced while living unhoused, taking control of their lives, building on their strengths, and nourishing their self-confidence.

Financial Efficiency

• Mission deployment rate: 63.6%; rating input score 64
• Program expense ratio: 89.7%; rating input score 90
• Fundraising efficiency: $49.69 raised per $1 spent on fundraising; rating input score 76; 76th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 29.3%; rating input score 88; 88th percentile among comparable filings
• Total-asset coverage ratio: 2.47; rating input score 69; 69th percentile among comparable filings
• Liabilities to assets ratio: 0.19; rating input score 60; 60th percentile among comparable filings
• Officer compensation ratio: 8%; rating input score 30; 30th percentile among comparable filings

Growth

• Program expense growth: 9.4% per year; rating input score 100; 68th percentile among comparable filings
• Revenue growth: 12.1% per year; rating input score 100; 80th percentile among comparable filings
• Asset growth: 10% per year; rating input score 100; 65th percentile among comparable filings