World Help
The information on this page was last updated 1/11/2024. If you see errors or omissions, please email: [email protected]
Summary
World Help is a Christian humanitarian organization serving the physical and spiritual needs of impoverished communities around the world.
Everything we do is built on the belief that we, as people of faith, are called to change lives. And we believe lives can only be changed when the needs of the whole person are met - body and soul.
Faith means very little when people don't have access to the food, clean water, or medicines they need. But without faith, meeting those physical needs is just a short-term fix. It takes both physical help and spiritual hope for true transformation to happen.
Contact information
Mailing address:
World Help
PO Box 501
Forest, VA 24551
Website: www.worldhelp.net
Phone: (800) 541-6691
Email: [email protected]
Organization details
EIN: 541615454
CEO/President: Noel Yeatts
Chairman: Lester Taylor
Board size: 21
Founder: Dr. Vernon Brewer
Ruling year: 1992
Tax deductible: Yes
Fiscal year end: 03/31
Member of ECFA: Yes
Member of ECFA since: 1993
Purpose
World Help provides strategic aid and relief in crisis and empowers community development through sustainable, holistic projects designed to promote growth without fostering dependency. World Help also works within communities to support programs for spiritual development and enrichment by partnering with trusted indigenous outreaches to sow the seeds of trust while enabling the good news of the Gospel to be shared organically through relationships. World Help's financial foundation is built on the commitment to total transparency in reporting and accountability and we continually seek to clearly and accurately demonstrate how every dollar is spent to impact millions with help for today and hope for tomorrow.
Mission statement
World Help is a Christian humanitarian organization serving the physical and spiritual needs of people in impoverished communities around the world.
Statement of faith
We believe the Bible to be the inspired, the only infallible, authoritative Word of God.
We believe that there is one God, eternally existent in three persons: Father, Son, and the Holy Spirit.
We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.
We believe that for the salvation of lost and sinful men, repentance of sin and faith in Jesus Christ results in regeneration by the Holy Spirit and that Jesus Christ is the only way of salvation.
We believe in the present ministry of the Holy Spirit, by whose indwelling the Christian is enabled to live a godly life.
We believe in the resurrection of both the saved and the lost; they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.
We believe in the spiritual unity of believers in our Lord Jesus Christ.
Donor confidence score
Show donor confidence score detailsTransparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Foreign Missions
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | 341 of 1118 | 37 of 141 | |
Fund acquisition rating | 695 of 1119 | 89 of 141 | |
Resource allocation rating | 559 of 1119 | 59 of 141 | |
Asset utilization rating | 72 of 1118 | 8 of 141 |
Click here to read World Help's response to our ratings
Financial ratios
Funding ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 7% | 8% | 6% | 5% | 8% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 7% | 8% | 6% | 5% | 9% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 100% | 100% | 100% | 100% | 101% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 6% | 9% | 7% | 6% | 9% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 0% | 0% | 0% | 0% | -1% |
Operating ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 86% | 82% | 85% | 86% | 83% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 114% | 90% | 89% | 90% | 97% |
Program output ratio Program output ratio = Program services / Total revenue | 84% | 98% | 74% | 76% | 78% | 80% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | -14% | 10% | 11% | 10% | 3% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | -62% | 30% | 45% | 58% | 50% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 8% | 9% | 8% | 8% | 8% |
Investing ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.34 | 4.42 | 2.40 | 3.24 | 4.37 | 7.41 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.27 | 1.77 | 1.34 | 1.07 | 1.09 | 1.27 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.17 | 7.81 | 3.21 | 3.46 | 4.76 | 9.42 |
Liquidity ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 17.40 | 5.33 | 7.93 | 8.97 | 7.17 | 3.27 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.19 | 0.13 | 0.11 | 0.14 | 0.31 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.10 | 1.25 | 3.26 | 3.08 | 2.17 | 0.88 |
Solvency ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 12% | 10% | 12% | 21% | 54% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 1% | 1% | 1% | 8% | 29% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 68% | 20% | 37% | 27% | 18% | 6% |
Financials
Balance sheet | |||||
Assets | 2024 | 2023 | 2022 | 2021 | 2020 |
Cash | $2,001,520 | $2,527,776 | $5,434,765 | $4,320,133 | $2,010,650 |
Receivables, inventories, prepaids | $618,557 | $5,942,381 | $1,572,734 | $716,432 | $413,410 |
Short-term investments | $2,869,765 | $2,991,165 | $3,414,159 | $1,298,735 | $975,664 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $5,489,842 | $11,461,322 | $10,421,658 | $6,335,300 | $3,399,724 |
Long-term investments | $0 | $0 | $0 | $30,353 | $153,425 |
Fixed assets | $3,084,634 | $3,141,242 | $573,438 | $536,540 | $575,479 |
Other long-term assets | $1,119,791 | $725,717 | $140,000 | $3,500 | $197,500 |
Total long-term assets | $4,204,425 | $3,866,959 | $713,438 | $570,393 | $926,404 |
Total assets | $9,694,267 | $15,328,281 | $11,135,096 | $6,905,693 | $4,326,128 |
Liabilities | 2024 | 2023 | 2022 | 2021 | 2020 |
Payables and accrued expenses | $804,910 | $1,201,537 | $992,323 | $703,705 | $808,443 |
Other current liabilities | $225,841 | $242,926 | $169,466 | $179,270 | $232,276 |
Total current liabilities | $1,030,751 | $1,444,463 | $1,161,789 | $882,975 | $1,040,719 |
Debt | $140,226 | $144,013 | $148,568 | $538,132 | $1,272,845 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $0 | $0 | $0 | $20,348 | $39,755 |
Total long-term liabilities | $140,226 | $144,013 | $148,568 | $558,480 | $1,312,600 |
Total liabilities | $1,170,977 | $1,588,476 | $1,310,357 | $1,441,455 | $2,353,319 |
Net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
Without donor restrictions | $8,163,613 | $13,342,439 | $8,418,781 | $4,577,217 | ($502,306) |
With donor restrictions | $359,677 | $397,366 | $1,405,958 | $887,021 | $2,475,115 |
Net assets | $8,523,290 | $13,739,805 | $9,824,739 | $5,464,238 | $1,972,809 |
Revenues and expenses | |||||
Revenue | 2024 | 2023 | 2022 | 2021 | 2020 |
Total contributions | $37,733,697 | $41,055,818 | $40,446,280 | $33,334,118 | $33,294,228 |
Program service revenue | $0 | $0 | $0 | $0 | $0 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $197,440 | $122,951 | $127,972 | $45,014 | $6,619 |
Other revenue | ($346,637) | ($233,984) | ($80,544) | ($36,108) | ($280,128) |
Total other revenue | ($149,197) | ($111,033) | $47,428 | $8,906 | ($273,509) |
Total revenue | $37,584,500 | $40,944,785 | $40,493,708 | $33,343,024 | $33,020,719 |
Expenses | 2024 | 2023 | 2022 | 2021 | 2020 |
Program services | $36,919,344 | $30,264,562 | $30,629,150 | $25,848,960 | $26,538,465 |
Management and general | $3,301,670 | $3,196,581 | $2,854,386 | $2,552,689 | $2,672,770 |
Fundraising | $2,672,062 | $3,382,314 | $2,603,503 | $1,771,059 | $2,829,123 |
Total expenses | $42,893,076 | $36,843,457 | $36,087,039 | $30,172,708 | $32,040,358 |
Change in net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
Surplus (deficit) | ($5,308,576) | $4,101,328 | $4,406,669 | $3,170,316 | $980,361 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | ($5,308,576) | $4,101,328 | $4,406,669 | $3,170,316 | $980,361 |
Compensation
Name | Title | Compensation |
Noel Yeatts | President/CEO | $224,489 |
Chad Mather | Treasurer/CFO | $167,538 |
F Vernon Brewer | Founder | $162,233 |
Allyn Lyttle | COO | $160,688 |
David Thompson | Senior Vice President | $153,005 |
Nathan Elwell | Director of Development | $131,096 |
Cyrus Mad-Bondo | Church Relations Representative | $125,813 |
Compensation data as of: 3/31/2024
Response from ministry
Our Financial Commitment to You
World Help is committed to faithful stewardship of funds entrusted to us by donors. We promise to use gifts wisely and effectively in Christ's Name.
World Help, Inc. is a non-profit Christian organization chartered by the State of Virginia and tax exempt by the Internal Revenue Service under code section 501(c)(3). The bylaws governing this ministry direct that resources be used to reach out in love to those who have never heard the Gospel of Jesus Christ. Contributions are used to accomplish this purpose.
We are committed to fulfilling the following standards:
We subscribe to a written statement of faith clearly affirming our commitment to the evangelical Christian faith.
We are governed by a responsible Board, the majority of whom are not staff members or relatives of staff members. The World Help Board meets at least semi-annually to establish policies, set budgets, oversee the organization's financial practices, and review ministry accomplishments.
We obtain an annual audit which is performed by an independent public accounting firm in accordance with generally accepted auditing standards (GAAS) with financial statements prepared in accordance with generally accepted accounting principles (GAAP).
We have a functioning audit review committee appointed by the Board, the majority of whom are not staff members or the relatives of staff members, for the purpose of reviewing the annual audit and reporting its findings to the Board.
We provide copies of our current audited financial statements upon written request.
We seek to conduct our activities with the highest standards of integrity and avoid conflicts of interest.
Our fund-raising appeals clearly identify the purposes and programs to which donations will be applied, and we ensure that donations are used for the purposes for which they are raised.
We are members in good standing of the Evangelical Council for Financial Accountability (ECFA).
World Help strives to keep overhead costs to a minimum using only 9% for the administration of our various projects. Only 3% is used for fundraising with 88% for ministry projects. All gifts designated for specific purposes are used as designated.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 1/11/2024. To update the information below, please email: [email protected]
History
When Vernon Brewer survived cancer, he knew God had a mission for his life. He just didn't know what it was yet. Then in 1991, Vernon felt called to go to Russia and partner with Christians in Moscow to hand out Bibles to people across Eastern Europe. During that trip, he discovered the great need for both physical help and spiritual hope around the world. That year, he founded World Help as a way to mobilize others to help meet those urgent needs through Bible distribution, humanitarian aid, crisis response, church planting, and more.
For a complete timeline, visit: worldhelp.net/timeline
Program accomplishments
Since inception, World Help has impacted more than 84 million lives in 71 countries around the world.