Financial Report
A N N U A L R E P O R T 2 0 0 7
Our Revenue:
| Donations | $58,943,000 |
| Product sales | 15,998,000 |
| Conference fees | 9,573,000 |
| Other Income | 1,582 ,000 |
| Total: | 86,096 ,000 |
Our Expenses:
| Program | 69,269,000 |
| Administrative | 6,770,000 |
| Fund raising & communication |
5,388,000 |
| Total: | 81,427,000 |
|
Designated for future projects |
4,669,000 |
InterVarsity financial reports were audited by Grant Thornton, LLP and an unqualified opinion was issued on the financial reports. A downloadable copy of the Annual Report is available online or by request from the Treasurer.
InterVarsity pledges financial accountability through our charter membership in the Evangelical Council for Financial Accountability (ECFA). The ECFA Seal assures donors that their gifts will always be used appropriately for InterVarsity ministry.