Convoy of Hope Foundation

Analysis

Convoy of Hope Foundation is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Convoy of Hope Foundation reported income of $152k and spending of $297k, spending 196% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $383k to $152k (-60%), an average of -37% a year. The sharpest change came in the year to December 2020, when income rose by 552%. Over the whole period it spent 50% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Convoy of Hope Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within MO. Charities of a similar size with the same main cause include Rich Family Ministries ($152k), Najam Center Lilburn Inc ($152k) and Vallabh Pushti Samaj of Carolinas ($152k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 128% of the total. It paid $55k in professional fundraising fees. At year end it held assets of $5.3m against liabilities of $994, net assets of $5.3m.