Teach For Armenia | Annual Report | 2020 PLANTING HOPE FOR THE FUTURE | Page 91

Annual Report 2020 91

Operations vs Program Cost Ratio

Scan to Learn More : Charity Navigator ’ s Financial Performance Metrics .
This chart represents the operations vs . program cost ratio progression over six years . We have continuously optimized our efficiency by directing a higher percentage of funds to Program costs . According to Charity Navigator ’ s financial performance metrics , Teach For Armenia is within the optimal range for program vs . operational expenses .

65 %

69 %

74 %

80 %

81 %

85 %

35 %

31 %

26 %

20 %

19 %

15 %

2015 2016 2017 2018 2019 2020 operations program

Annual Report 2020 91