World Vision, Inc., U.S. 
The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 9/1/2021. To update the information in this column, please email: info@ministrywatch.com
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: info@worldvision.org
Organization details
EIN: 951922279
CEO/President: Edgar Sandoval Sr.
Chairman: Dr. Joan Singleton
Board size: 15
Founder: Dr. Bob Pierce
Ruling year: 1950
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
World Vision, Inc., U.S. uses the following to express its 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 man, regeneration of the Holy Spirit is absolutely essential.
- 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
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 | | 182 of 1022 | 22 of 85 |
| Fund acquisition rating | | 574 of 1024 | 49 of 85 |
| Resource allocation rating | | 274 of 1024 | 27 of 85 |
| Asset utilization rating | | 105 of 1022 | 12 of 85 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 7% | 8% | 9% | 9% | 9% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 6% | 7% | 8% | 9% | 9% | 9% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 99% | 100% | 99% | 99% | 99% | 99% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 7% | 8% | 9% | 9% | 10% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 1% | 0% | 1% | 1% | 1% | 1% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 85% | 88% | 87% | 86% | 85% | 85% |
Spending ratio Spending ratio = Total expenses / Total revenue | 95% | 98% | 101% | 100% | 96% | 97% |
Program output ratio Program output ratio = Program services / Total revenue | 79% | 86% | 88% | 86% | 82% | 82% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 5% | 2% | -1% | 0% | 4% | 3% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 12% | 14% | -6% | 1% | 21% | 17% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 7% | 5% | 5% | 5% | 6% | 6% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.62 | 3.96 | 4.13 | 3.48 | 3.23 | 3.86 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.25 | 1.42 | 1.54 | 1.53 | 1.48 | 1.61 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.36 | 5.61 | 6.34 | 5.32 | 4.77 | 6.20 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 8.90 | 3.10 | 2.75 | 3.19 | 2.97 | 2.39 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.10 | 0.32 | 0.36 | 0.31 | 0.34 | 0.42 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.15 | 1.45 | 1.21 | 1.55 | 1.67 | 1.12 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 12% | 29% | 31% | 30% | 33% | 40% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 1% | 3% | 4% | 5% | 8% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 51% | 18% | 17% | 20% | 21% | 16% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $7,186,000 | $4,841,000 | $6,392,000 | $15,412,000 | $7,356,000 |
| Receivables, inventories, prepaids | $58,113,000 | $60,161,000 | $81,730,000 | $99,418,000 | $82,443,000 |
| Short-term investments | $120,984,000 | $99,176,000 | $10,005,000 | $10,236,000 | $11,127,000 |
| Other current assets | $28,461,000 | $17,189,000 | $100,147,000 | $84,555,000 | $58,398,000 |
| Total current assets | $214,744,000 | $181,367,000 | $198,274,000 | $209,621,000 | $159,324,000 |
| Long-term investments | $18,298,000 | $22,430,000 | $22,885,000 | $8,458,000 | $15,820,000 |
| Fixed assets | $43,501,000 | $47,785,000 | $51,251,000 | $50,978,000 | $54,260,000 |
| Other long-term assets | $27,737,000 | $27,037,000 | $30,948,000 | $40,378,000 | $26,397,000 |
| Total long-term assets | $89,536,000 | $97,252,000 | $105,084,000 | $99,814,000 | $96,477,000 |
| Total assets | $304,280,000 | $278,619,000 | $303,358,000 | $309,435,000 | $255,801,000 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $38,663,000 | $42,850,000 | $33,723,000 | $39,117,000 | $42,013,000 |
| Other current liabilities | $30,623,000 | $23,005,000 | $28,448,000 | $31,358,000 | $24,788,000 |
| Total current liabilities | $69,286,000 | $65,855,000 | $62,171,000 | $70,475,000 | $66,801,000 |
| Debt | $3,094,000 | $7,638,000 | $12,068,000 | $16,387,000 | $20,599,000 |
| Due to (from) affiliates | $8,826,000 | $5,279,000 | $10,130,000 | $10,212,000 | $2,872,000 |
| Other long-term liabilities | $6,566,000 | $6,573,000 | $5,988,000 | $6,464,000 | $11,961,000 |
| Total long-term liabilities | $18,486,000 | $19,490,000 | $28,186,000 | $33,063,000 | $35,432,000 |
| Total liabilities | $87,772,000 | $85,345,000 | $90,357,000 | $103,538,000 | $102,233,000 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $86,324,000 | $77,170,000 | $84,589,000 | $72,212,000 | $55,798,000 |
| With donor restrictions | $130,184,000 | $116,104,000 | $128,412,000 | $133,685,000 | $97,770,000 |
| Net assets | $216,508,000 | $193,274,000 | $213,001,000 | $205,897,000 | $153,568,000 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $1,228,302,000 | $1,129,648,000 | $1,048,719,000 | $1,032,441,000 | $1,006,454,000 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 | $0 | $0 |
| Other revenue | $5,018,000 | $8,237,000 | $7,316,000 | $11,213,000 | $7,829,000 |
| Total other revenue | $5,018,000 | $8,237,000 | $7,316,000 | $11,213,000 | $7,829,000 |
| Total revenue | $1,233,320,000 | $1,137,885,000 | $1,056,035,000 | $1,043,654,000 | $1,014,283,000 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $1,063,854,000 | $996,036,000 | $907,463,000 | $854,712,000 | $835,346,000 |
| Management and general | $54,855,000 | $60,122,000 | $56,302,000 | $57,161,000 | $57,171,000 |
| Fundraising | $84,956,000 | $93,779,000 | $90,637,000 | $88,765,000 | $95,420,000 |
| Total expenses | $1,203,665,000 | $1,149,937,000 | $1,054,402,000 | $1,000,638,000 | $987,937,000 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | $29,655,000 | ($12,052,000) | $1,633,000 | $43,016,000 | $26,346,000 |
| Other changes in net assets | ($6,421,000) | ($7,675,000) | $5,471,000 | $9,313,000 | $6,065,000 |
| Total change in net assets | $23,234,000 | ($19,727,000) | $7,104,000 | $52,329,000 | $32,411,000 |
Compensation
| Name | Title | Compensation |
| Edgar Sandoval | President | $524,375 |
| Richard Stearns | President Emeritus | $389,699 |
| Margaret Schuler | Sr VP International | $303,729 |
| Christopher Glynn | Sr VP Transform Engagement | $294,952 |
| Douglas Treff | Treasurer/Secretary/Sr VP | $288,191 |
| William Randolph | CIO/CAO | $275,307 |
| John Daggett | Treasurer/Chief Invest Off | $270,173 |
| Christine Talbot | Sr VP Human Resources | $251,421 |
| Sammy Jackson | Sr Exec Dir Philanthropy | $249,021 |
| Kathleen Evans | VP Strategy & Integration | $244,370 |
| Steve McFarland | VP CLO | $243,409 |
| Ivan Gomez | VP Marketing Innovation | $238,867 |
| Joan Mussa | Exec Dir Public Engagement | $237,913 |
| Gregory Allgood | Chief Development Officer | $232,773 |
| Jennifer Brenner | Asst Treasurer/VP Controll | $205,896 |
| Brian Sytsma | Asst Secretary/Exec Direct | $193,177 |
| Eric Wetterling | Sr Director Accounting | $163,860 |
Compensation data as of: 9/30/2020
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 9/1/2021. To update the information below, please email: info@ministrywatch.com
History
Dr. Bob Pierce began World Vision to help children orphaned in the Korean War.
To provide long-term, ongoing care for children in crisis, World Vision developed its first child sponsorship program in Korea in 1953. As children began to flourish through sponsorship in Korea, the program expanded into other Asian countries and eventually into Latin America, Africa, Eastern Europe and the Middle East. Today, monthly contributions from sponsors enable World Vision to provide impoverished children and their communities with access to clean water, nutritious food, education, health care and economic opportunities.
The 1960s
World Vision began its global relief efforts in the 1960s, delivering food, clothing and medical supplies to people suffering from disaster. World Vision began soliciting clothing and other surplus products from corporations to help meet the immediate needs of children and families in emergency situations. These gift-in-kind donations now account for roughly 30 percent of World Vision's income.
The 1970s
Throughout the 1960s and 1970s, donations continued to grow, and World Vision was able to reach thousands more children. At this time, World Vision realized the growing need to work with entire communities to help children and families break free from poverty. World Vision began incorporating vocational and agricultural training for families into its sponsorship efforts, and parents began learning to farm and earn money through small enterprises. These efforts to affect self-sustainable change evolved into World Vision's current community development work. Long-term development has proven central to bringing lasting hope. After meeting immediate survival needs, World Vision works with communities to help them find lasting solutions and move toward self-reliance.
The 1980s
A major benchmark of our growth occurred in the early 1980s when famine struck Ethiopia. The media coverage of the famine created unprecedented awareness of human need, and people throughout the world offered financial resources to the relief efforts. World Vision provided millions of dollars worth of food and medical assistance, saving thousands of lives from the slow, agonizing death of starvation. Once the immediate crisis subsided, World Vision began long-term efforts to help Ethiopians rebuild their lives. Today, the region that was once parched and full of death thrives with nutritious crops, fresh water and hope for the future. Also in the 1980s, World Vision began drilling wells in communities, causing infant mortality rates to drop. World Vision often uses clean water as an entry point into communities, following with other activities that create change. Once the pump is installed, World Vision trains community volunteers to become health promoters, who, in turn, teach their neighbors how to use fresh water for better health. World Vision offers classes to villagers in health care, gardening, irrigation and income generation. Villages evolve from poverty-stricken, illness-plagued communities to thriving, self-supporting, healthy ones.
The 1990s
In 1990, World Vision began addressing the urgent needs of children in Uganda who had been orphaned by AIDS. Recognizing the magnitude of the AIDS pandemic and its serious impact on decades of development efforts, World Vision began expanding its AIDS programming into other hard-hit African countries. In Romania, World Vision worked with the long-neglected orphan population and provided training to health care workers. In Somalia, World Vision joined United Nations peacekeepers to help millions affected by the civil war. World Vision launched the 30 Hour Famine early in the decade to help young people experience the effects of poverty firsthand and raise funds to make a difference for hungry children around the world. In the U.S. alone, 485,000 youth now raise more than $11 million every year through the Famine. World Vision also began actively promoting justice for children and the poor in the early 1990s, calling for an international ban on land mines, an end to child exploitation and equal opportunities for female children.
The 21st Century
In the year 2000, World Vision launched the Hope Initiative to call people to respond to what had become the greatest humanitarian crisis of our time - HIV and AIDS. By 2006, nearly 399,000 orphans and vulnerable children had been sponsored in AIDS-affected communities. World Vision is helping turn the tide against HIV and AIDS worldwide by caring for orphans and vulnerable children, preventing the spread of HIV with education based on biblical principles, and advocating for effective programs that transform communities and save lives. Following the September 11 terrorist attacks, World Vision assisted New Yorkers not covered by other aid programs. Later, it established emergency food programs for more than one million Afghanis. In 2002, World Vision, along with other NGO partners, received one of the largest emergency relief grants in history to provide food and related assistance to tens of millions of Africans affected by the decade's worst famine in Southern Africa. World Vision has continued to be a voice for the poor by helping to stop the flow of conflict diamonds fueling civil wars in Africa, deterring sex tourists who prey on innocent children abroad and calling for an end to the use of child soldiers in northern Uganda. When massive tsunamis devastated South Asia in December 2004, World Vision's 3,700 local staff began responding immediately with life-saving aid. Generous donor gifts are enabling World Vision to help families rebuild their lives over the long-term with new homes, schools, clean water, health care and economic opportunities.
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.