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New figures from World Vision show an increase in private giving and gift-in-kind donations from U.S. donors, but a decline in U.S. public sector funding.
New figures released by World Vision’s U.S. office show strong growth in private giving and gift-in-kind donations to the organization for the 2011 fiscal year.
Private cash contributions from U.S. donors were up 5 percent in 2011 to $556 million. Gift-in-kind donations (donations of product rather than cash) were up 16 percent. The value of donated products reached $291 million.
The number of U.S. child sponsors increased by more than 12,000 to 725,816. They support more than 1.1 million children through sponsorship.
Rich Stearns, president of World Vision U.S., says the increase in private giving was especially encouraging, given that private revenues for the previous year (2010) were already high due to an outpouring of donor generosity following a major earthquake in Haiti.
Meanwhile, World Vision managed to keep fundraising and administrative costs below budget. Overhead costs declined from 14.5 percent in 2010 to 14.4 percent in 2011.
The rosy picture was clouded by an 18-percent decline in revenues from the public sector.
Stearns said this partly reflected a difficult political environment in Washington, D.C., in relation to foreign assistance. He promised World Vision would continue advocating to protect U.S. funding that helps the poor worldwide.
Overall, World Vision’s U.S. revenues increased by 2 percent in 2011 to $1,058,000,000.
Other highlights from World Vision’s annual review include:
Thank God for faithful donors who are committed partnering with us as we seek to assist children and families in need in the name of Christ.
Learn more about World Vision’s work in 2011.
Sponsor a child today. Your love and support for a boy or girl in need can also help lift an entire community out of poverty.
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