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

  • 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

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    Transparency grade

    A

    To understand our transparency grade, click here.


    Financial efficiency ratings

    Sector: Relief and Development

    CategoryRatingOverall rankSector rank
    Overall efficiency rating303 of 111125 of 87
    Fund acquisition rating712 of 111351 of 87
    Resource allocation rating431 of 111329 of 87
    Asset utilization rating119 of 111117 of 87

    Financial ratios

    Funding ratiosSector median20232022202120202019
    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 ratiosSector median20232022202120202019
    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
    84%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
    5%-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 ratiosSector median20232022202120202019
    Total asset turnover Total asset turnover =
    Total expenses /
    Total assets
    1.513.493.073.273.954.12
    Degree of long-term investment Degree of long-term investment =
    Total assets /
    Total current assets
    1.241.191.171.241.292.75
    Current asset turnover Current asset turnover =
    Total expenses /
    Total current assets
    1.904.173.604.045.0811.33
     
    Liquidity ratiosSector median20232022202120202019
    Current ratio Current ratio =
    Total current assets /
    Total current liabilities
    16.434.786.476.423.601.74
    Current liabilities ratio Current liabilities ratio =
    Total current liabilities /
    Total current assets
    0.060.210.150.160.280.58
    Liquid reserve level Liquid reserve level =
    (Total current assets -
    Total current liabilities) /
    (Total expenses / 12)
    5.892.282.822.511.710.45
     
    Solvency ratiosSector median20232022202120202019
    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
    61%22%27%25%18%17%

    Financials

    Balance sheet
     
    Assets20232022202120202019
    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
     
    Liabilities20232022202120202019
    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 assets20232022202120202019
    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
     
    Revenue20232022202120202019
    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
     
    Expenses20232022202120202019
    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 assets20232022202120202019
    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

    NameTitleCompensation
    Edgar SandovalPresident & CEO$603,884
    Margaret SchulerSr VP International Programs/Chief Impact Officer$347,373
    Christopher J GlynnSr VP Transform Engage/Chief Partner Dev Officer$325,221
    Douglas TreffTreasurer/Secretary/Sr VP CFO$293,435
    William L RandolphCIO/CAO$292,865
    Christine A TalbotSr VP Human Resources$289,289
    Steve T McFarlandVP CLO$279,573
    Ivan S GomezVP Marketing and Innovation$270,385
    Kathleen M EvansVP Strategy and Operations$268,782
    Gregory S AllgoodChief Development Officer$259,158
    Sammy K JacksonSr Exec Dir Philanthropy$251,571
    Jennifer BrennerAssistant Treasurer/VP Controller$231,460
    Brian SytsmaAssistant Secretary/Executive Director$206,623
    Richard StearnsPresident 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.