Financials
Switch in Fiscal Year
Unlike past annual reports, this report covers a six-month period. This is due to the six-month shift in our fiscal year; as of June 30, 2024, we are now using a July-through-June fiscal year. This change allows us to take our critical end-of-year fundraising results into account when setting the budget for the upcoming fiscal year.
To accommodate this change, we treated January 2024 through June 2024 as a short six-month fiscal year. As a result, all amounts shared here are for half the time period of our past and future annual reports. Our 2025 annual report will be the first to report on our new fiscal cycle, and will share results from the 12 months of July 2024 through June 2025. All future annual reports will follow this pattern.
Prioritizing Efficiency & Transparency
Our core values of efficiency and transparency remain central to everything we do, allowing us to maintain our 100 % Charity Navigator rating year after year. By streamlining our processes, leveraging technology, and retaining a talented team of professionals across six countries and 16 states, we maintain a high program expense ratio and an efficient fundraising ratio, allowing us to direct the vast majority of our funds to our network of implementing partners.
91.2 % $ 0.059
Program Expense % Fundraising Efficiency
Percentage of total expenses that support our programs versus overhead.
Our average cost to fundraise each dollar.
Conservation Through Grantmaking
Our board approved $ 42.2M in new projects during the first |
six months of 2024— including 23 new full projects in 14 |
countries. This is almost equal to the amount approved for |
the entire calendar year of 2023. Once complete, these 23 |
new projects will protect an anticipated |
11.8M acres of essential habitat for |
$ 80M |
Grantmaking and Restricted Donations |
threatened and endangered species. |
|
67M |
We committed to approving $ 200M |
|
61M |
in new conservation projects over the |
$ 60M |
|
five-year period of our 2021-2025 |
45M |
46M |
Strategic Plan. By the close of our 2024 |
$ 40M |
47M |
|
fiscal year— with 18 months left in our
Strategic Plan— we have approved more
|
21M |
27M |
29M |
36M |
39M |
than $ 183.8M in new projects during this period, putting us on track to hit our goal |
$ 20M |
15M |
26M |
22M |
24M |
by the close of the 2025 calendar year. |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
42M
13M
2024 January 1- June 30
Conservation Projects Approved Restricted Donations
8 Rainforest Trust 2024 Annual Report