In 2021, ITPC continued making a positive impact on people’s lives, backed behind the scenes by solid expense management and wise use of resources. We deliver strong value for money.
Our financial operations stood firm in the face of the COVID-19 assault due, at least in part, to our data-driven decision-making and clear focus on CLM and advocacy within the three strategic areas outlined in this annual report. Holding it together was the dedication and shared sacrifice of our global activist community members (including our ITPC regions), lean staff and Board members.
It was a climate in which we expected large budget uncertainties and revenue shortfalls. Due to our prudent expense mitigation measures, such minimizing expenses we were able to offset shortfalls and ended up closing the year with an operating surplus.
Despite the COVID-19 pandemic, 74% of donor funding went to direct program costs and to our partners on the ground through strategic grants.