Financial disclosures from EcoHealth Alliance reveal that the controversial nonprofit collaborating with the Wuhan Institute of Virology experienced a nearly 350 percent surge in investment income following the start of the COVID-19 pandemic.
In the Fiscal Year 2019, which runs until June 30th, EcoHealth reported $81,277 in investment income.
The following Fiscal Year, which encompasses the onset of the COVID-19 pandemic, EcoHealth Alliance reported $359,381 in investment income.
In the six preceding years, EcoHealth's investment income never broke $70,000, with the 2020 income representing, on average, a massive 480.9 percent increase.
This nearly six-fold increase in investment income followed the years 2011 and 2012, where EcoHealth Alliance's investment income averaged $113,737.
EcoHealth Alliance's 2020 investment revenue still represents a 216 percent increase in comparison to 2011 and 2012, which are the oldest years that analysis of investments from 990 filings have been found for.
The figures are calculated from three sources: "Investment income," "Income from investment of tax-exempt bond proceeds," and the sale of "Securities" and "Other."
https://thenationalpulse.com/2022/03/28/ecohealth-alliance-investments-surged-amidst-covid/
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