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 2017, 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 2017, we used 85 percent of our total operating expenses for programs that benefit children, families, and communities.

Financial Stewardship

Financial Stewardship

2017 financial statements

Overall revenue grew 3% in fiscal 2017, 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 $16 million.

2016 financial statements

Financial reports for years past can also be downloaded below:

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.

The operating expenses chart shows overhead as a percent of operating expenses.

Revenue and overhead trends (in millions)

Operating revenue for the organization increased by 3% during the year. Private cash and public grants increased, while gifts-in-kind revenue decreased.

Overhead rate

Fundraising, management, and general expenses (generally referred to as overhead expenses) were reduced by over $6 million in 2017. Our overhead rate (overhead expenses as a percent of operating revenue) declined by 1%.

The overhead rate chart shows overhead as a percent of operating revenue.

2017 financial statements

Overall revenue grew 3% in fiscal 2017, 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 $16 million.

2016 financial statements

Financial reports for years past can also be downloaded below:

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.

The operating expenses chart shows overhead as a percent of operating expenses.

Revenue and overhead trends (in millions)

Operating revenue for the organization increased by 3% during the year. Private cash and public grants increased, while gifts-in-kind revenue decreased.

Overhead rate

Fundraising, management, and general expenses (generally referred to as overhead expenses) were reduced by over $6 million in 2017. Our overhead rate (overhead expenses as a percent of operating revenue) declined by 1%.

The overhead rate chart shows overhead as a percent of operating revenue.