Health Volunteers Overseas meets the 20 Standards for Charity Accountability.
Health Volunteers Overseas' (HVO) projects focus on building health care worker capacity by delivering appropriate educational programs to local health care professionals. Education and training are provided in a variety of ways. Each of the training models (short and long-term volunteers at the project sites, virtual training, and scholarships for local providers) address specific needs at the project sites, in order to improve the availability and quality of health care at their institute. The traditional model recruits volunteers for short-term assignments (one week - two months) at project sites. Some needs require a longer, concentrated period of assistance, as in setting up a new department or field of study. HVO?s Feinberg Fellowship provides funding for extended periods of on-site volunteer service to address long-term training needs. HVO also funds scholarships for young professionals at project sites. They are eligible to apply for funding to attend international conferences or intensive training in another country. These opportunities aim to accelerate learning and expand networks of professional colleagues, and the scholars are expected to share what they have learned with their colleagues when they return home.
For the year ended December 31, 2020, Health Volunteers Overseas's program expenses were:
| In-kind program services |
$2,324,691 |
| Program services - other |
$914,853 |
| Total Program Expenses: |
$3,239,544 |
*2020 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Grant proposals, Internet, Membership appeals, Planned giving arrangements, Cause- related marketing (affinity credit cards, consumer product sales, etc.), Other
Fundraising costs were 2% of related contributions. (Related contributions, which totaled $3,493,250, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Health Volunteers Overseas's audited financial statements for the year ended December 31, 2020.
| Source of Funds |
| In-kind contributions |
$2,324,691 |
| Contributions |
$1,026,859 |
| Investment income, net |
$227,956 |
| Paycheck Protection Program grant |
$141,700 |
| Other income |
$9,668 |
| Total Income |
$3,730,874 |
- Programs: 93%
- Administrative: 5%
- Fundraising: 2%
| Total Income |
$3,730,874 |
| Program expenses |
$3,239,544 |
| Fundraising expenses |
$79,527 |
| Administrative expenses |
$185,566 |
| Other expenses |
$0 |
| Total expenses: |
$3,504,637 |
| Income in Excess of Expenses |
$226,237 |
| Beginning Net Assets |
$2,203,158 |
| Other Changes In Net Assets |
$0 |
| Ending Net Assets |
$2,429,395 |
| Total Liabilities |
$121,793 |
| Total Assets |
$2,551,188 |
Note: According to HVO's 2020 audited financial statements, the organization received in-kind contributions totaling $2,324,691 in the form of professional services ($1,951,614), travel and living expenses ($316,165), and equipment, supplies, and other ($56,912).