Covenant House

The information on this page was last updated 4/18/2023. If you see errors or omissions, please email: [email protected]


Covenant House is the largest privately-funded childcare agency in the United States providing shelter and service to homeless and runaway youth. It was incorporated in New York City in 1972 and has since expanded in the United States to Anchorage, Atlanta, Atlantic City, Detroit, Fort Lauderdale, Houston, Los Angeles, Newark, New Orleans, Oakland, Orlando, Philadelphia, St. Louis, Washington, D. C., and, outside the United States, to Toronto, Vancouver, Guatemala, Honduras, Mexico and Nicaragua.

Coming off the streets, the young people we serve are usually disconnected from their families and other social support - kids who have endured traumatic and adverse childhood experiences. In addition to living on the streets, many have survived abusive homes, spent time in juvenile justice facilities, aged out of foster care or have been victims of human trafficking and exploitation.

Contact information

Mailing address:
Covenant House
461 Eighth Ave
New York, NY 10001


Phone: (800) 388-3888

Email: [email protected]

Organization details

EIN: 132725416

CEO/President: Bill Bedrossian

Chairman: Tom McGee

Board size: 32


Ruling year: 1973

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Our comprehensive program model builds a life-affirming bridge for young people by engaging youth on the street (Street Outreach) providing no-barrier, safe, short-term housing to meet their immediate needs (Immediate Care), and longer-term transitional housing (Rights of Passage) to assist those who are ready for more independent living.

We are aggressively stretching to reach more youth each year in our residential programs as well as through outreach, prevention, and education.

Our plan outlines a series of innovative strategies to make us a data-driven, learning organization that employs high-quality, evidence-based practices to effectively achieve - and constantly strengthen - results for and with the youth we serve. The plan commits us to enhance our quality of care, ensuring that safe, mission-focused, and purpose-driven services and facilities are offered to all youth who come through our doors. We are in the midst of a capital campaign, Our Great Promise, to help us achieve these goals.

Mission statement

"We who recognize God's providence and fidelity to His people are dedicated to living out His covenant among ourselves and those children we serve, with absolute respect and unconditional love. That commitment calls us to serve suffering children of the street, and to protect and safeguard all children. Just as Christ in His humanity is the visible sign of God's presence among His people, so our efforts together in the covenant community are a visible sign that effects the presence of God, working through the Holy Spirit among ourselves and our kids."

Statement of faith

Donor confidence score

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Transparency grade


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Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating1031 of 111380 of 87
Fund acquisition rating828 of 111464 of 87
Resource allocation rating817 of 111465 of 87
Asset utilization rating1056 of 111383 of 87

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Balance sheet
Receivables, inventories, prepaids$3,129,482$2,210,109$4,336,264$8,641,535$9,770,405
Short-term investments$40,892,813$39,961,747$30,954,780$28,928,907$34,065,034
Other current assets$0$0$0$0$0
Total current assets$49,700,693$50,853,150$49,045,130$46,795,361$48,239,155
Long-term investments$3,362,653$3,785,823$2,881,314$3,115,900$3,267,956
Fixed assets$79,950,202$91,062,166$59,035,571$54,958,493$44,467,421
Other long-term assets$22,852,935$10,805,374$13,262,120$13,557,289$10,763,581
Total long-term assets$106,165,790$105,653,363$75,179,005$71,631,682$58,498,958
Total assets$155,866,483$156,506,513$124,224,135$118,427,043$106,738,113
Payables and accrued expenses$4,729,542$5,064,313$3,044,883$2,665,682$4,739,774
Other current liabilities$0$0$0$0$0
Total current liabilities$4,729,542$5,064,313$3,044,883$2,665,682$4,739,774
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$21,107,892$41,453,855$41,605,422$34,209,794$29,060,568
Total long-term liabilities$21,777,645$84,681,884$64,857,447$63,485,105$46,436,465
Total liabilities$26,507,187$89,746,197$67,902,330$66,150,787$51,176,239
Net assets20222021202020192018
Without donor restrictions$110,148,215$45,497,773$33,004,275$28,168,874$31,975,406
With donor restrictions$19,211,081$21,262,543$23,317,530$24,107,382$23,586,468
Net assets$129,359,296$66,760,316$56,321,805$52,276,256$55,561,874
Revenues and expenses
Total contributions$90,714,329$83,364,042$88,833,453$65,424,679$63,978,445
Program service revenue$938,484$1,523,484$1,906,079$2,490,040$2,516,524
Membership dues$0$0$0$0$0
Investment income$62,333,588$1,519,933$1,789,161$1,776,484$17,773,486
Other revenue$760,244$813,814$782,092$761,673$881,523
Total other revenue$64,032,316$3,857,231$4,477,332$5,028,197$21,171,533
Total revenue$154,746,645$87,221,273$93,310,785$70,452,876$85,149,978
Program services$72,413,257$65,062,782$61,494,430$55,711,824$57,464,716
Management and general$9,601,174$7,633,712$7,311,449$6,306,123$5,402,049
Total expenses$92,946,496$83,775,489$78,169,379$70,935,940$72,205,214
Change in net assets20222021202020192018
Surplus (deficit)$61,800,149$3,445,784$15,141,406($483,064)$12,944,764
Other changes in net assets$0$0$0$0$0
Total change in net assets$61,800,149$3,445,784$15,141,406($483,064)$12,944,764


Jill VorndranChief Development Officer$369,982
Deirdre CroninSecretary/COO$351,660
John DucoffChief Legal Officer$340,929
Pamela KournetasTreasurer/CFO$332,320
Thomas MonaghanSVP, Indiv. Giving & Corporate Partner$318,010
Leslie McGuireSVP, Operations & Site Support$287,890
Daniel KarpSVP, Integrated Direct Marketing$282,342
Carlette MackChief People, Culture, and Inclusion$282,076
Kevin RyanPresident & CEO$2,684

Compensation data as of: 6/30/2022

Response from ministry

No response has been provided by this ministry.

The information below was provided to MinistryWatch by the ministry itself. It was last updated 4/18/2023. To update the information below, please email: [email protected]


Program accomplishments

For more than four decades, Covenant House has helped transform and save the lives of more than a million homeless, runaway and trafficked young people. We offer housing and support services to young people in need - currently reaching 50,000 youth every year.