Covenant House International Annual Report 2025
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A Message From Bill
“This report shows how Covenant House is tackling the issue and the outcomes for the young people currently in our care in the United States, Canada, and Latin America. It also shares with you the plan we have to end the crisis altogether."
Bill Bedrossian
President & CEO, Covenant House International
Javon's Story
After facing trauma and loss, Javon found himself at Covenant House Texas. There he was able to get resources he's needed to grow in his career and take steps towards his future.
Our Programs Reached Nearly 63,000 Young People
We provided more than 896,000 nights of safe housing to young people in the past year.
More than 2,500 young people wake up in a Covenant House bed every day.
We served 1.9 million meals to young people in the past year.
Our Locations, Our Impact
Covenant House provides shelter, resources and support for homeless youth and young adults across 34 cities in 5 countries.
Providing Vital Services that Lead to Positive Outcomes
Youth obtained or maintained employment
Youth enrolled or remained in school
Youth moved to stable housing
PROGRESS REPORT
The Journey Home
Covenant House International is committing to a bold, measurable plan to end youth homelessness as we know it. Our plan, The Journey Home, is guiding us to build out three integrated pathways — prevention, intervention, and restoration — so that safety, hope, and opportunity are within reach for every young person.
Each year more than 4.2 million young people in the United States and Canada experience homelessness for at least one night, and millions of children and youth in Central America and Mexico need safe, protective, and violence-free homes. Without new investments or interventions, youth homelessness in the U.S. and Canada is projected to grow by 12% annually, reaching an estimated 14.7 million young people by 2035 if we do nothing to stem this tide.
In 2025, we advanced our work on The Journey Home’s prevention, intervention, and restoration goals.
Prevention
Covenant House has become a partner in New York City’s “Cash with Care” pilot, a $1.5 million city council-funded program that provides 60 youth experiencing homelessness with a direct cash payment on the first of each month for nine months, with full access to wraparound services at Covenant House and financial literacy support.
With a successful pilot, this could become a strategy that saves tremendous financial and physical resources in the long term.
Intervention
We continued to develop and deepen the Covenant House Program Model to ensure the consistent delivery of our signature high-quality services at every Covenant House site across North and Central America.
At Covenant House sites where this strength-based, trauma-informed program model is fully operational, we are already measuring improved outcomes. For example, stable exits from short-term housing in 2025 increased by nearly 10%. By 2028, all of our sites will fully implement the Program Model to unify service delivery, improve youth outcomes, provide consistent training to staff, support growth, and drive systemic change.
Restoration
Covenant House is pursuing expansions to our affordable-for-youth housing model. Affordable-for-youth housing units are safe, stable, and dignified homes specifically designed for young people who have experienced homelessness, are working fulltime, but are unable to afford market-rate housing. They rent apartments owned by Covenant House for 30% of their monthly income.
With over a year of operational data from our first 28 units in Los Angeles, we’re confident the model works and are codifying lessons learned into revised operating procedures to guide future projects.
A Look Ahead
Last year, we set ambitious goals for The Journey Home.
Over the next 10 years, we will not only confront homelessness where it happens but, also, lead efforts to prevent it, intervene effectively, and support young people long after they walk out our doors.
#1
Reduce the number of young people (ages 16-24) experiencing homelessness for at least one night by 50%.
#2
Establish and implement a comprehensive prevention strategy.
#3
Contribute premier thought leadership and influence policy on youth homelessness.
#4
Create an affordable-for-youth housing continuum and add 1,000 housing units across our federation.
#5
Launch three new evidence-informed programs in the areas of mental health and employment, aimed at preventing youth homelessness.
#6
Build an international advocacy framework to drive policy and systems change.
#7
Launch the Covenant House International Youth Congress to center youth and alumni voices and create a platform for them to influence decisions that will affect their lives and future.
Financial Reporting
Covenant House is committed to maintaining and expanding our mission to serve young people in need. We are rigorous in our financial responsibility, and deeply value the critical contributions that make our care for young people possible. Below, please find a summary of our total expenses in the last year, in millions.
Read more about our financials
Total Expenses (in millions) - $276.00
Total Revenue (in millions) - $308.00
Covenant House lifted my voice and gave me a place in a community that believes young people are worth investing in.
- RashyahÂAlumni Letter
Dear Friends,
I want to take you back to where my story really began.
Not at my college graduation.
Not with applause or a degree in my hand.
It began quietly, in a hotel room, after another fight with my mom. That night, the fight was one too many. I asked my little brother to help me pack my things. I didn’t cry. I didn’t raise my voice. I just said, “Help me put my stuff in the car. I’m not coming back.” I was too close to finishing school, too close to building a future, to keep sacrificing my peace just to survive a place that no longer felt safe.
That night, I paid for a room with two beds and I made a choice that still lives with me.
One bed held the things I needed like my work clothes, my school supplies, my toiletries. The other bed held what I wanted: comfort, softness, pieces of a life I hoped to have someday. I slept next to survival and left my wants behind.
For the next two weeks, my life became motion. I worked days as a social work intern, helping young people in residential care. I did food delivery in the evenings for gas money and safety, because for a young Black woman alone, a parked car can be dangerous. At night, I worked third shift at a group home. When the sun came up, I snuck into my office, slept in a chair for two hours, washed my face in a sink, and started again.
I had no bed. No shower. No place that felt like mine.
And then, I walked into Covenant House.
What met me there changed everything.
For the first time in a long time, I rested.
When I later chose to share my story, I thought I was just telling people what happened to me. I didn’t realize how much I still needed to heal, or how powerful it would be to let others witness it. Sharing my story helped me close old wounds. It gave meaning to the nights I spent choosing survival over comfort.
What I never expected was how deeply my story would resonate with all of you.
People reached out to tell me they saw homelessness differently. I learned that my story helped others feel, even briefly, what so many young people live every day. One of the most meaningful moments of this year was serving as a speaker during a Virtual Sleep Out. I helped guide participants through an activity that mirrored the hardest decision of my life—choosing what to keep when survival demands everything. Watching people pause, struggle, and reflect reminded me why sharing my story matters. Empathy comes from moments like that.
Being invited into spaces like this, being trusted to lead, reflect, and be seen, has been part of my healing. Covenant House lifted my voice and gave me a place in a community that believes young people are worth investing in.
Today, I am 23 years old with a degree in social work. I work with young people who remind me of myself, and I show up as the safe place I once needed. I am committed to choosing young people when it matters most.
I was told my story was one of the most shared stories of the year. That humbles me. But what matters more is this: every time my story reached someone, it proved that compassion multiplies. That belief travels. That your support creates ripples you may never fully see.
If you gave to Covenant House this year, please know this—your generosity lived in me. It lived in the bed I finally slept in. The voice I finally trusted. The future I am now building, and the young people I now serve.
Thank you for believing in us.
Thank you for choosing to care.
With gratitude and purpose,
Rashyah
Covenant House Alum
Be Part of the Solution
Your gift today ensures that young survivors at Covenant House will receive the care they need to heal, grow, and reach their potential.
Acknowledgements
Key Partners
- Accenture
- Altas Partners, LLC
- Arch Capital Group
- Ardian Foundation
- Bank Of America Charitable Foundation
- Bob’s Discount Furniture
- Broadway Cares/Equity Fights AIDS
- BTIG, LLC
- Casa Alianza Suisse
- Cencora
- Central American Empowerment Fund
- Chick-fil-A Tri-State
- Cisco Systems
- Clark Family Charitable Trust
- Comic Relief US
- Compass International Holdings (formerly Anywhere Real Estate)
- Conrad N. Hilton Foundation
- Costco Wholesale Corporation
- Delta Air Lines
- Dream Outdoor
- Edrington Americas
- Garden of Dreams
- Goya Foods
- Hard Rock International
- Harry L. & June M. Swaim Foundation
- Humble Bundle
- John J. McDonnell Margaret T. O’Brien Foundation
- KBP Foods
- Kia America, Inc.
- MetLife Foundation
- Mex-Am Cultural Foundation c/o Grant Herrmann Schwartz & Klinger LLP
- Morgan Stanley
- National Basketball Association
- National Basketball Players Association
- National Football League
- New Tradition
- New York Yankees
- Paragon Insurance Holdings
- Pimco
- Porticus
- Pret A Manger
- QBE Foundation
- Raikes Foundation
- Raskob Foundation for Catholic Activities
- Red Nose Day
- Rockefeller Brothers Fund
- Santander Bank
- Second Round Foundation
- ServiceNow
- Signature Aviation
- Silverstein Properties
- T-Mobile
- Take-Two Interactive
- TAO Group Hospitality
- The Annie E. Casey Foundation
- The Hearst Foundations
- The Lebensfeld Foundation c/o Sullivan & Cromwell LLP
- The Loyola Foundation, Inc.
- The O'Shea Family Foundation
- The Starbucks Foundation
- TransRe
- Tsunami Foundation
- Ulta Beauty Charitable Foundation
- UNIQLO USA
- Universal Music Group
- Virginia B. Toulmin Foundation
- Wells Fargo Foundation