2009 Annual Review

Hear Larry Probus,
World Vision CFO, explain World Vision's commitment to financial stewardship.

“For we are taking pains to do what is right, not only in the eyes of the Lord but also in the eyes of men.”

2 Corinthians 8:21

Letter from the president

One year ago the world seemed to be collectively teetering on a precipice. For World Vision — and many others — it looked like the momentum from a global financial freefall could pull us over and down. Fast-forward 12 months to today ...

To read the rest of our President’s letter, download this PDF.

Financial assessment of 2009 and outlook for 2010

(Letter from the CFO)

World Vision was blessed with another year of growth in fiscal 2009. Our total revenue reached $1.2 billion — a ten percent increase over last year — while our fundraising, management, and general expenses ("overhead") were down six percent. Subsequently, our overhead rate dropped to an all-time low of 11 percent. As we anticipate fiscal 2010 and beyond, the outlook on the global economic situation is more volatile, and yet we continue to feel God's hand firmly on our work. We believe he has used these challenging times to make us an even more effective organization.

To read our CFO’s complete assessment and outlook, download this PDF.

Financial highlights

Your gifts are in good hands

At World Vision, stewardship is an integral part of everything we do — because we recognize that every resource entrusted to us has the potential to transform the lives of children and families in need.

In 2009, 89 percent of World Vision’s total revenue was utilized for programs that benefit children, families, and communities in need.

Revenue and overhead trends (in millions)

In 2009, World Vision’s revenue increased by $115 million, or 10 percent.

Overhead rate (percent of total revenue)

World Vision’s overhead rate represents management, general, and fundraising expenses as a percentage of total revenue.

World Vision’s 2009 Board of Directors