World Vision
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
World Vision meets the 20 Standards for Charity Accountability.
Child Sponsorship
World Vision reports that child sponsors may sponsor a child for $39 per month, which is combined with other donations to tailor local solutions and provide access to essential needs for the sponsored child, their families, and their community. Essential needs include improving water and sanitation, health and nutrition, education, child protection, and spiritual development. Sponsors may send letters and photographs to their sponsored child and may receive up to four letters a year from their sponsored child.
Stated Purpose:
"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."
Year, State Incorporated:
1950, CA
World Vision reports that it is an international partnership of Christians, working in nearly 100 countries, whose mission is to serve Christ in working with those who are impoverished to create sustainable access to clean water, food, healthcare, education, and income generation opportunities. The organization operates child protection programs via its child sponsorship, which seeks to assist vulnerable children attain physical, emotional, and spiritual well-being. World Vision also works with local churches, business owners, and other nonprofits to distribute clothing, educational supplies, home improvement materials, and relief response to distressed communities. In 2022, the organization states that through its global donor network, its child sponsorship program served more than three million children, reached more than one million children through its education programs, distributed microloans to nearly one million borrowers, and responded to 59 humanitarian emergencies in 52 countries.
For the year ended September 30, 2022, World Vision's program expenses were:
Domestic programs: $216,640,000
International programs: $968,447,000
Public awareness and education: $2,601,000
Total Program Expenses: $1,187,688,000
Chief Executive
Edgar Sandoval, Sr., President and Chief Executive Officer
Compensation*
$556,341
Chair of the Board
Vonna Laue
Chair's Profession / Business Affiliation
Financial and Operational Consultant
Board Size
15
Paid Staff Size
1002
*2021 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Special events, Telemarketing, Foundation grants, Print advertisements, Corporate solicitation
World Vision incurred joint costs of $728,000 for informational materials and activities that included fundraising materials. Of those costs $290,000 was allocated to program expenses, $285,000 was allocated to administrative expenses, and $153,000 was allocated to fundraising expenses.
Fundraising costs were 7% of related contributions. (Related contributions, which totaled $1,404,200,000, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on World Vision's audited financial statements for the year ended September 30, 2022.
Source of Funds
| Interest expense | $-7,000 |
| Investments and other income, net | $-1,482,000 |
| Contributions | $636,125,000 |
| In-kind contributions | $277,419,000 |
| Other income, net | $-2,539,000 |
| Grants | $490,656,000 |
| Total Income | $1,400,172,000 |
Programs: 89% Fundraising: 7% Administrative: 4%
| Total Income | $1,400,172,000 |
| Total expenses: | $1,331,303,000 |
| Program expenses | $1,187,688,000 |
| Fundraising expenses | $95,505,000 |
| Administrative expenses | $48,110,000 |
| Other expenses | $0 |
| Income in Excess of Expenses | $68,869,000 |
| Beginning Net Assets | $310,315,000 |
| Other Changes In Net Assets | $-18,142,000 |
| Ending Net Assets | $361,042,000 |
| Total Liabilities | $71,042,000 |
| Total Assets | $432,084,000 |
Note 1: As noted in the above financial section, "other changes in net assets" refers to pension plan adjustments (-$3,643,000) and unrealized loss on investments (-$14,499,000).
Note 2: According to World Vision's audited financial statements - consolidated - for the year ended September 30, 2022, the organization received $277,419,000 in contributed goods and services including household goods ($184,063,000), clothing ($33,927,000), medical supplies ($24,978,000), building supplies ($12,857,000), pharmaceuticals ($8,244,000), school and office supplies ($5,651,000), toys ($4,232,000), food ($1,401,000), other items ($1,304,000), and books ($762,000).
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance