New Covenant United Methodist Church
How we got $6.7M
Based on its 66 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NEW COVENANT UNITED METHODIST CHURCH this business | $6.7M | — |
| SOUTHERN HILLS CHRISTIAN CHURCH Edmond · 48 employees | $4.7M | 0.2 mi |
| LIGHTHOUSE BAPTIST CHURCH OF NORTHWEST OKLAHOMA CITY, INC. Edmond · 3 employees | $551K | 0.6 mi |
| OKLAHOMA ISLAMIC ACADEMY, LLC Edmond · 8 employees | $1.0M | 0.9 mi |
| NEWSONG PEOPLE INC Edmond · 13 employees | $2.9M | 0.9 mi |
| FIRST PRESBYTERIAN CHURCH OF EDMOND Edmond · 74 employees | $10.2M | 1.1 mi |
| ST. JOHN THE BAPTIST CATHOLIC CHURCH Edmond · 135 employees | $19.4M | 1.2 mi |
The full calculation
| Employees reported to the SBA | 66 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.0M |
| Estimate: the two combined (geometric mean) | $6.7M |
| EBITDA margin (industry, adjusted for size) | 26% |
| EBITDA = revenue × margin | $1.8M |
Calibrated: revenue lowered to 57% of the industry-average estimate, to match what businesses in this industry actually report.
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Revenue range | $4.4M – $7.7M |
| EBITDA range | $1.2M – $2.0M |
| Industry (NAICS) | Religious, Grantmaking, Civic, Professional, and Similar Organizations (813110) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingLegacy BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Legacy Bank PPP 2020 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $200K | 66 |
About New Covenant United Methodist Church
New Covenant United Methodist Church is a churches & nonprofits company in Edmond, Oklahoma. Its estimated annual revenue is about $6.7M, with roughly $1.8M of EBITDA. It has about 66 employees.
Common questions
- Who owns New Covenant United Methodist Church?
- The owner of New Covenant United Methodist Church isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does New Covenant United Methodist Church make?
- SeeBITDA estimates New Covenant United Methodist Church's annual revenue at about $6.7M (likely between $4.4M and $7.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does New Covenant United Methodist Church have?
- About 66, as reported on its PPP loan.