jain.com
jain.comCharity Clarity

Charity Clarity › Look up a charity › Michigan

Covenant Living of the Great Lakes

Grand Rapids, Michigan · EIN 38-3244636 · Housing & Shelter · tax-exempt since 1975

C

Charity Clarity grade C (score 56.7 of 100), based on the Form 990 for the year ended September 2025.

Graded against 5,130 housing & shelter nonprofits with revenue $10M–$50M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.-25.4 months0
GovernanceBoard independence, key policies and audit, per the 990.85% of practices85
Margin stabilityHow steady the surplus or deficit is year to year.69
Revenue spreadHow much revenue rests on one type of income.2% from one source66
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.97.6%not scored
Management costsShare of spending.1.4%not scored
Cost to raise $1Fundraising cost per dollar given.$0.35not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

2016201720182019202020212022202320242025grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Sep 2025Form 990$20.95M$22.80M−$1.85M−$48.35M-25.4310C
Sep 2024Form 990$19.94M$22.46M−$2.52M−$46.57M-24.9484C
Sep 2023Form 990$18.71M$21.94M−$3.23M−$44.95M-24.6340C
Sep 2022Form 990$18.12M$20.19M−$2.07M−$42.21M-25.1321C
Sep 2021Form 990$18.28M$21.83M−$3.55M−$39.07M-21.5356C
Sep 2020Form 990$16.97M$18.90M−$1.92M−$36.10M-22.9320C
Jan 2019Form 990$15.26M$17.07M−$1.81M−$33.64M-23.7307C
Jan 2018Form 990$14.72M$16.79M−$2.07M−$31.69M-22.7326C
Jan 2017Form 990$14.39M$16.22M−$1.84M−$29.81M-22.1359C
Jan 2016Form 990$14.62M$17.02M−$2.40M−$27.92M-19.7375C

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

Similar housing & shelter charities in Michigan