Convoy Of Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 365,004,528 | 342,748,192 | 22,256,336 | 2.9 | 5% |
| 2021 | 435,592,269 | 364,499,974 | 71,092,295 | 5.1 | 6% |
In its most recent public year (2021), this organization brought in $71,092,295 more than it spent. Its reserves stood at about 5.1 months of spending, up from 2.9 in 2020. Staff pay was 6% of spending. $10,000,259 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2021. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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