Convoy of Hope

Convoy of Hope is not required to file an annual return (Form 990) with the IRS or state regulators because it is a religious organization. CharityWatch is therefore unable to provide complete salary or governance information for this organization.

CharityWatch's letter grade rating of the Convoy of Hope is based on our analysis of its consolidated audited financial statements for its fiscal year ended December 31, 2023. 

CharityWatch's rating of Convoy of Hope includes the financial activities of the entities consolidated in its audited financial statements for the year ended December 31, 2023. All significant interorganizational balances and transactions have been eliminated in consolidation.

According to the Convoy of Hope (the Organization) consolidated audit of December 31, 2023 (Note J, Noncash Contributions):

The Organization received noncash contributions during the fiscal year ended December 31, 2023, on which it placed a total value of $520,277,000. Of this amount, $262,203,000 and $204,919,000 was attributed to "Food" and "Clothing and household goods," respectively. 

"...The Organization distributed gifts-in-kind to its partners totaling approximately $528 million during 2023. Of these amounts, approximately $286 million was shipped directly from the donor to the Organization's partners."

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.]

According to the Convoy of Hope (the Organization) consolidated audit of December 31, 2023 (Note D, Concentrations):

"...During 2023, approximately 31% of the Organization's noncash contribution revenue was sourced from the Organization's five largest donors."