Financial Accountability
Financial Accountability
Did you know that for each dollar donated to World Vision, more than a dollar’s worth of help gets to children and families?
We’re always working to keep our overhead rate low. In 2016, we used 85 percent of our total operating expenses for programs that benefit children, families, and communities.
Did you know that for each dollar donated to World Vision, more than a dollar’s worth of help gets to children and families?
We’re always working to keep our overhead rate low. In 2016, we used 85 percent of our total operating expenses for programs that benefit children, families, and communities.
Financial Stewardship
Financial Stewardship
2016 financial statements
Overall revenue grew 1% in fiscal 2016, expanding our ability to tackle the root causes of poverty. This revenue increase, combined with improved efficiencies throughout the organization, produced an increase in net assets from operating activities of more than $26 million.
- 2016 Letter from the President (.pdf)
- 2016 Letter from the CFO (.pdf)
- 2016 Annual Report brochure (.pdf)
- 2016 Consolidated Financial Statements (.pdf)
- 990 Form for FY2016 (.pdf)
2015 financial documents
- 2015 Letter from the President (.pdf)
- 2015 Letter from the CFO (.pdf)
- 2015 Annual Report brochure (.pdf)
- 2015 Consolidated Financial Statements (.pdf)
- 990 Form for FY2015 (.pdf)
Financial reports for years past can also be downloaded below:
- 2014 Letter from the President (.pdf)
- 2014 Letter from the CFO (.pdf)
- 2014 Annual Report brochure (.pdf)
- 2014 Consolidated Financial Statements (.pdf)
- 990 Form for FY2014 (.pdf)
- 2013 Annual Report brochure (.pdf)
- 990 Form for FY2013 (.pdf)
- 2013 Consolidated Financial Statement (.pdf)
World Vision reports joint cost activities on the Financial Statements and the Form 990 as required by Generally Accepted Accounting Principles and the IRS. The allocation of these costs appropriately follows the guiding principles for reporting activities that have components of Fundraising, Management and General, and Programs. Activities with a joint cost component occur in our Donor Contact Center as well as in our 30 Hour Famine program.
Revenue and overhead trends (in millions)
Operating revenue for the organization increased by 1% during the year. While private cash and gift-in-kind revenue decreased, grants increased 28%.
Overhead rate
Fundraising, management, and general expenses (generally referred to as overhead expenses) were reduced by over $1 million in 2016. Our overhead rate (overhead expenses as a percent of operation revenue) remained steady at 15%.
2016 financial statements
Overall revenue grew 1% in fiscal 2016, expanding our ability to tackle the root causes of poverty. This revenue increase, combined with improved efficiencies throughout the organization, produced an increase in net assets from operating activities of more than $26 million.
- 2016 Letter from the President (.pdf)
- 2016 Letter from the CFO (.pdf)
- 2016 Annual Report brochure (.pdf)
- 2016 Consolidated Financial Statements (.pdf)
- 990 Form for FY2016 (.pdf)
2015 financial statements
While overall revenue declined slightly in FY15, our commitment to tackling poverty reached new levels, fueled by the conclusion of a 5-year capital campaign. As we start fiscal 2016, the trend for cash contributions has improved, indicating a stronger outlook for the coming year.
- 2015 Letter from the PresidentExternal Link (.pdf)
- 2015 Letter from the CFOExternal Link (.pdf)
- 2015 Annual Report brochureExternal Link (.pdf)
- 2015 Consolidated Financial StatementsExternal Link (.pdf)
- 990 Form for FY2015External Link (.pdf)
2014 financial documents
- 2014 Letter from the PresidentExternal Link (.pdf)
- 2014 Letter from the CFOExternal Link (.pdf)
- 2014 Annual Report brochureExternal Link (.pdf)
- 2014 Consolidated Financial StatementsExternal Link (.pdf)
- 990 Form for FY2014External Link (.pdf)
Financial reports for years past can also be downloaded below:
- 2013 Annual Report brochureExternal Link (.pdf)
- 990 Form for FY2013External Link (.pdf)
- 2013 Consolidated Financial StatementsExternal Link (.pdf)
- 2012 Annual Report brochureExternal Link (.pdf)
- 990 Form for FY2012External Link (.pdf)
- 2012 Consolidated Financial StatementsExternal Link (.pdf)
- 2011 Annual Report brochureExternal Link (.pdf)
- 2011 Consolidated Financial StatementsExternal Link (.pdf)
World Vision reports joint cost activities on the Financial Statements and the Form 990 as required by Generally Accepted Accounting Principles and the IRS. The allocation of these costs appropriately follows the guiding principles for reporting activities that have components of Fundraising, Management and General, and Programs. Activities with a joint cost component occur in our Donor Contact Center as well as in our 30 Hour Famine program.
Revenue and overhead trends (in millions)
Operating revenue for the organization increased by 1% during the year. While private cash and gift-in-kind revenue decreased, grants increased 28%.
Overhead rate
Fundraising, management, and general expenses (generally referred to as overhead expenses) were reduced by over $1 million in 2016. Our overhead rate (overhead expenses as a percent of operation revenue) remained steady at 15%.