World Vision

Analysis

World Vision is a registered charity in United States, based in Federal Way, WA. It received its IRS tax-exemption ruling in April 1982, 44 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, World Vision reported income of $1.51bn and spending of $1.53bn, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.14bn to $1.51bn (+33%), an average of +7.4% a year. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, World Vision sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within WA. Charities of a similar size with the same main cause include The Governors of the University of Alberta ($1.45bn), Americares Foundation Inc ($1.56bn) and University of Western Ontario ($1.36bn).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $2.6m (0.2% of expenses). Other salaries and wages came to $92.3m. It paid $3.9m in professional fundraising fees. At year end it held assets of $439.4m against liabilities of $99.6m, net assets of $339.8m. It reported 982 employees.