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CHARITY REVIEW
Issued: October 2024 Expires: October 2026

Corus International

Accredited Charity
Accredited Charity

Meets Standards

700 Light Street
Baltimore, MD, 21230

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Corus International meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to affirm God’s love for all people, we work with Lutherans and partners around the world to end poverty, injustice and human suffering."

Year, State Incorporated:
1945, NY

Also Known As:
Lutheran World Relief

Corus International (CI) reports that it tackles global poverty by helping people adapt to the challenges that threaten their livelihoods and well-being. The organization provides aid in emergencies and helps families restore their lives. It also partners with communities to build and grow rural economies breaking the cycle of poverty, so families and communities can thrive. CI's goal is to help people build self‐sufficiency and create new community‐owned approaches to problem‐solving that will last long after their projects end. CI's main program areas include: rural economies and livelihoods; environment; humanitarian assistance; impact investing and developing technical resources.

For the year ended September 30, 2022, Corus International's program expenses were:

Agriculture: $8,387,009

Health: $70,576,888

Emergencies and material resources: $20,321,631

Climate change: $1,044,575

Impact living: $58,017

Livelihood: $3,152,904

Total Program Expenses: $103,541,024

Chief Executive
Ambassador Daniel V. Speckhard, (Rt.), President and Chief Executive Officer

Compensation*
$552,423

Chair of the Board
Kenneth Jones II

Chair's Profession / Business Affiliation
Senior Vice President and Chief Operating Officer, MacArthur Foundation

Board Size
15

Paid Staff Size
608

*2024 compensation, as reported by the organization, includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Radio

Fundraising costs were 7% of related contributions. (Related contributions, which totaled $135,808,353, 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 Corus International's audited financial statements for the year ended September 30, 2022.

Source of Funds
Church body support $1,465,000
In-kind contributions $13,561,432
U.S. government grants $46,322,151
Corporate and other grants $30,754,713
Program service revenue $436,088
Contributions $35,783,703
Bequests $7,921,354
Investment loss, net $-1,133,973
Total Income $135,110,468

Programs: 79% Fundraising: 8% Administrative: 13%

Total Income $135,110,468
Total expenses: $131,224,751
  Program expenses $103,541,024
  Fundraising expenses $9,990,088
  Administrative expenses $17,693,639
  Other expenses $0
Income in Excess of Expenses $3,885,717
Beginning Net Assets $33,966,837
Other Changes In Net Assets $0
Ending Net Assets $37,852,554
Total Liabilities $32,004,154
Total Assets $69,856,708

Note: According to CI's audited financial statements - consolidated - for the year ended Septemebr 30, 2022, the organization received in-kind contributions totaling $13,561,432 in the form of donated school supply kits and baby care kits ($7,409,130), donated blankets and quilts ($6,127,380), and pro-bono legal services ($24,922).

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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Report completed by:
BBB Wise Giving Alliance