Skip to main content
Filing year 2023

Covenant College

Lookout Mountain, Georgia·EIN 43-0719506·NTEE B420 · Education·501(c)(3)
Total revenue
$55.5M
Total assets
$102.2M
Total expenses
$57.8M
Reported officers
37
Mission

To explore and express the preeminence of Jesus Christ in all things; to educate Christians to engage culture and cultures; to examine and unfold creation; and to pursue biblical justice and mercy in community with the student-faculty relationship, strong teaching, and scholarship at the foundation. Our Christ-centered community seeks to help students mature in three primary areas: identity in Christ, Biblical frame of reference, and service that is Christ-like.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Georgia.

Former President
Highest Compensated Employee
75th to 90th percentile
$294k
$321k
Base
$247k
Bonus
Other
$15k
Benefits
$27k
President
75th to 90th percentile
$236k
$257k
Base
$193k
Bonus
Other
$13k
Benefits
$26k
VP for Development/ccf Pres.
Board Vice President
Median to 75th percentilevs Education peers nationwide
$223k
$244k
Base
$167k
Bonus
$12k
Other
$18k
Benefits
$23k
Vice President Academic Affairs
Board Vice President
Median to 75th percentilevs Education peers nationwide
$187k
$204k
Base
$147k
Bonus
Other
$20k
Benefits
$17k
Major Gift Officer
Highest Compensated Employee
Median to 75th percentile
$184k
$201k
Base
$83k
Bonus
$52k
Other
$24k
Benefits
$23k
Regional Director of Development
25th percentile to medianvs Education peers nationwide
$148k
$161k
Professor of Econ. & Community Dev.
Highest Compensated Employee
25th percentile to median
$139k
$152k
Controller
10th to 25th percentilevs Education peers nationwide
$81k
$89k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 29 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Covenant College equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.5%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 3%
from 2022

From $302k in 2022 to $294k in 2023.

$302k
2022
$294k
2023
In today's dollarsEst.
Down 7% in real terms$345k to $321k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 60% from 2022 to 2023, while revenue rose 12%.

$183k in 2022 to $294k in 2023.
  • Chief Executive Officer pay fell 22% from 2022 to 2023.
  • Board Vice President pay rose 6% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Covenant College

What does the Highest Compensated Employee of Covenant College earn?

In 2023, the Highest Compensated Employee of Covenant College received $293,744 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among Education organizations in Georgia, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at Covenant College compare with similar nonprofits?

Compared with the same role at Education organizations in Georgia, the 2023 pay of the Highest Compensated Employee at Covenant College falls between the 75th and 90th percentiles. In 2023, the highest total compensation at Covenant College equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

What are Covenant College's revenue and expenses?

In 2023, Covenant College reported $55.5M in total revenue and $57.8M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.