World Vision, Inc., U.S. 
The information on this page was last updated 4/20/2023. If you see errors or omissions, please email: [email protected]
Summary
Founded in 1950, World Vision (WV) is a Christian humanitarian organization serving the world's poorest children and families in nearly 100 countries. It exists to promote obedience to Christ's teachings by offering people opportunities to help their neighbors. The organization ministers through community-based development and focuses on meeting the needs of children, providing emergency relief, promoting justice, serving the Christian Church, increasing public awareness and understanding of global poverty, and serving as a witness to the Gospel of Jesus Christ.
Contact information
Mailing address:
World Vision, Inc., U.S.
PO Box 9716
Federal Way, WA 98063-9716
Website: www.worldvision.org
Phone: 1-888-511-6548
Email: [email protected]
Organization details
EIN: 951922279
CEO/President: Edgar Sandoval Sr.
Chairman: Dr. Joan Singleton
Board size: 15
Founder: Dr. Bob Pierce
Ruling year: 1972
Tax deductible: Yes
Fiscal year end: 09/30
Member of ECFA: Yes
Member of ECFA since: 1979
Purpose
We are called to serve the people in greatest need around the world, to relieve their suffering and to promote the transformation of their condition of life.
We stand in solidarity in a common search for justice. We seek to understand the situation of the poor and work alongside them toward fullness of life. We share our discovery of eternal hope in Jesus Christ.
We seek to facilitate an engagement between the poor and the affluent that opens both to transformation. We respect the poor as active participants, not passive recipients, in this relationship. They are people from whom others may learn and receive, as well as give. The need for transformation is common to all. Together we share a quest for justice, peace, reconciliation, and healing in a broken world.
We regard all people as created and loved by God. We give priority to people before money, structure, systems, and other institutional machinery.
We act in ways that respect the dignity, uniqueness, and intrinsic worth of every person - the poor, the donors, our staff and their families, boards, and volunteers. We celebrate the richness of diversity in human personality, culture, and contribution.
We practice a participative, open, enabling style in working relationships. We encourage the professional, personal, and spiritual development of our staff.
Mission statement
World Vision is an international partnership of Christians whose mission is to follow our Lord and Savior Jesus Christ in working with the poor and oppressed to promote human transformation, seek justice, and bear witness to the good news of the Kingdom of God.
We pursue this mission through integrated, holistic commitment to:
Transformational development that is community-based and sustainable, focused especially on the needs of children.
Emergency relief that assists people afflicted by conflict or disaster.
Promotion of justice that seeks to change unjust structures affecting the poor among whom we work.
Partnerships with churches to contribute to spiritual and social transformation.
Public awareness that leads to informed understanding, giving, involvement, and prayer.
Witness to Jesus Christ by life, deed, word, and sign that encourages people to respond to the Gospel. (Learn about a relationship with Jesus.)
Statement of faith
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Relief and Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 239 of 1115 | 26 of 92 |
| Fund acquisition rating | | 687 of 1116 | 55 of 92 |
| Resource allocation rating | | 347 of 1116 | 31 of 92 |
| Asset utilization rating | | 102 of 1115 | 18 of 92 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 8% | 7% | 6% | 7% | 8% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 8% | 7% | 6% | 7% | 8% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 99% | 100% | 100% | 101% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 8% | 7% | 6% | 7% | 8% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 1% | 0% | 0% | -1% | 1% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 86% | 89% | 89% | 90% | 88% | 87% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 102% | 95% | 93% | 98% | 101% |
Program output ratio Program output ratio = Program services / Total revenue | 83% | 90% | 84% | 84% | 87% | 88% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | -2% | 5% | 7% | 2% | -1% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | -7% | 21% | 28% | 9% | -7% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 7% | 3% | 4% | 4% | 5% | 5% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.46 | 3.49 | 3.07 | 3.27 | 3.95 | 4.12 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.22 | 1.19 | 1.17 | 1.24 | 1.29 | 2.75 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.85 | 4.17 | 3.60 | 4.04 | 5.08 | 11.33 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 17.06 | 4.78 | 6.47 | 6.42 | 3.60 | 1.74 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.21 | 0.15 | 0.16 | 0.28 | 0.58 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.10 | 2.28 | 2.82 | 2.51 | 1.71 | 0.45 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 23% | 16% | 17% | 29% | 31% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 3% | 4% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 62% | 22% | 27% | 25% | 18% | 17% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $1,256,868 | $5,252,372 | $12,180,551 | $7,185,705 | $4,841,079 |
| Receivables, inventories, prepaids | $95,310,680 | $110,899,480 | $87,192,194 | $90,066,950 | $79,494,613 |
| Short-term investments | $271,773,837 | $252,502,006 | $202,027,779 | $139,282,926 | $17,053,667 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $368,341,385 | $368,653,858 | $301,400,524 | $236,535,581 | $101,389,359 |
| Long-term investments | $804,612 | $0 | $0 | $0 | $104,552,356 |
| Fixed assets | $34,187,873 | $36,529,908 | $39,171,315 | $41,965,869 | $45,429,347 |
| Other long-term assets | $36,088,303 | $26,900,729 | $31,931,405 | $25,779,008 | $27,248,404 |
| Total long-term assets | $71,080,788 | $63,430,637 | $71,102,720 | $67,744,877 | $177,230,107 |
| Total assets | $439,422,173 | $432,084,495 | $372,503,244 | $304,280,458 | $278,619,466 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $42,061,342 | $26,270,858 | $28,732,809 | $38,663,772 | $38,746,738 |
| Other current liabilities | $35,057,145 | $30,717,244 | $18,202,580 | $27,125,513 | $19,663,002 |
| Total current liabilities | $77,118,487 | $56,988,102 | $46,935,389 | $65,789,285 | $58,409,740 |
| Debt | $300,000 | $300,000 | $300,000 | $7,937,926 | $12,367,646 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $22,179,343 | $13,754,279 | $14,952,513 | $14,044,863 | $14,567,981 |
| Total long-term liabilities | $22,479,343 | $14,054,279 | $15,252,513 | $21,982,789 | $26,935,627 |
| Total liabilities | $99,597,830 | $71,042,381 | $62,187,902 | $87,772,074 | $85,345,367 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $140,799,800 | $126,183,278 | $122,263,263 | $86,324,102 | $77,170,015 |
| With donor restrictions | $199,024,543 | $234,858,836 | $188,052,079 | $130,184,282 | $116,104,084 |
| Net assets | $339,824,343 | $361,042,114 | $310,315,342 | $216,508,384 | $193,274,099 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $1,501,570,627 | $1,402,824,835 | $1,303,197,649 | $1,226,916,786 | $1,127,966,156 |
| Program service revenue | $761,576 | $783,598 | $539,721 | $630,682 | $967,149 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $10,058,711 | $2,623,835 | $2,834,897 | ($7,655,518) | $5,529,061 |
| Other revenue | ($2,334,969) | ($836,112) | $75,863 | $402,568 | $1,129,124 |
| Total other revenue | $8,485,318 | $2,571,321 | $3,450,481 | ($6,622,268) | $7,625,334 |
| Total revenue | $1,510,055,945 | $1,405,396,156 | $1,306,648,130 | $1,220,294,518 | $1,135,591,490 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $1,364,823,797 | $1,187,447,198 | $1,092,739,686 | $1,061,882,491 | $995,782,932 |
| Management and general | $52,273,442 | $47,581,317 | $51,346,415 | $55,023,562 | $60,342,028 |
| Fundraising | $117,517,566 | $93,535,048 | $74,671,061 | $84,796,138 | $92,983,369 |
| Total expenses | $1,534,614,805 | $1,328,563,563 | $1,218,757,162 | $1,201,702,191 | $1,149,108,329 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | ($24,558,860) | $76,832,593 | $87,890,968 | $18,592,327 | ($13,516,839) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($24,558,860) | $76,832,593 | $87,890,968 | $18,592,327 | ($13,516,839) |
Compensation
| Name | Title | Compensation |
| Edgar Sandoval | President & CEO | $603,884 |
| Margaret Schuler | Sr VP International Programs/Chief Impact Officer | $347,373 |
| Christopher J Glynn | Sr VP Transform Engage/Chief Partner Dev Officer | $325,221 |
| Douglas Treff | Treasurer/Secretary/Sr VP CFO | $293,435 |
| William L Randolph | CIO/CAO | $292,865 |
| Christine A Talbot | Sr VP Human Resources | $289,289 |
| Steve T McFarland | VP CLO | $279,573 |
| Ivan S Gomez | VP Marketing and Innovation | $270,385 |
| Kathleen M Evans | VP Strategy and Operations | $268,782 |
| Gregory S Allgood | Chief Development Officer | $259,158 |
| Sammy K Jackson | Sr Exec Dir Philanthropy | $251,571 |
| Jennifer Brenner | Assistant Treasurer/VP Controller | $231,460 |
| Brian Sytsma | Assistant Secretary/Executive Director | $206,623 |
| Richard Stearns | President Emeritus | $144,345 |
Compensation data as of: 9/30/2023
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 4/20/2023. To update the information below, please email: [email protected]
History
History of World Vision: https://www.wvi.org/our-history
Program accomplishments
Today, World Vision is helping more than 3.5 million children in nearly 100 countries.
Needs
World Vision is seeking help with child sponsorship, cash donations, volunteers, corporate/matching gifts, gifts-in-kind, gift planning/donation of stock. Please see World Vision's website for daily, urgent prayer requests of the ministry.