World Vision
- Assets
- $372.5m
- Revenue
- $1.3b
- Investments
- $0.0
- Employees
- 953
- Location
- Federal Way, WA
- Founding
- 04/1982
- Data as of
- 09/2021
- EIN
- 95-1922279
Organization Overview
World Vision is located in Federal Way, WA. The organization was established in 1982. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 09/2021, World Vision employed 953 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. World Vision is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, World Vision generated $1.3b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.2b during the year ending 09/2021. While expenses have increased by 3.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, World Vision has awarded 2,498 individual grants totaling $732,264,079. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WORLD VISION IS A CHRISTIAN HUMANITARIAN ORGANIZATION SERVING CHILDREN AND FAMILIES GLOBALLY.
Describe the Organization's Program Activity:
INTERNATIONAL PROGRAMS - THE ORGANIZATION PARTNERS WITH FAMILIES AND COMMUNITIES AROUND THE WORLD TO DESIGN AND IMPLEMENT LOCALLY CONTEXTUALIZED PLANS TO OVERCOME POVERTY BY HELPING TO ESTABLISH SUSTAINABLE ACCESS TO CRITICAL RESOURCES SUCH AS CLEAN WATER, NUTRITIOUS FOOD, BASIC HEALTHCARE, EDUCATION, INCOME GENERATING OPPORTUNITIES, CHILD PROTECTION PROGRAMS, AND OTHER ESSENTIALS. ONE OF THE ORGANIZATION'S PRIMARY FUNDING SOURCES FOR THIS WORK IS CHILD SPONSORSHIP, THROUGH WHICH THE ORGANIZATION PARTNERS WITH LONG TERM INDIVIDUAL CHILD SPONSORS TO EMPOWER AND EQUIP THE MOST VULNERABLE CHILDREN TO ATTAIN PHYSICAL, EMOTIONAL, AND SPIRITUAL WELL-BEING. ADDITIONALLY, THE ORGANIZATION RESPONDS TO NATURAL AND MAN-MADE DISASTERS TO SAVE LIVES AND HELP RESTORE LIVELIHOODS. FOR ADDITIONAL INFORMATION VISIT WWW.WORLDVISION.ORG/OUR-WORK.
DOMESTIC PROGRAMS - THE ORGANIZATION WORKS WITH LOCAL CHURCHES, TEACHERS, BUSINESS OWNERS, NONPROFIT ORGANIZATIONS, AND VOLUNTEERS THROUGHOUT THE UNITED STATES TO SERVE DISTRESSED COMMUNITIES AND NEIGHBORHOODS IN A VARIETY OF U.S. LOCATIONS, PRIMARILY THROUGH DISTRIBUTION OF DONATED PRODUCTS SUCH AS CLOTHING, EDUCATIONAL SUPPLIES, AND HOME IMPROVEMENT MATERIALS, AND THROUGH RELIEF RESPONSE TO DOMESTIC DISASTERS SUCH AS HURRICANES, FLOODS, AND THE COVID-19 PANDEMIC. THIS WORK IS CARRIED OUT IN PART THROUGH THE ORGANIZATION'S NETWORK OF PRODUCT DISTRIBUTION WAREHOUSES, LOCAL CHURCHES, COMMUNITY LEADERS, AND NONPROFIT PARTNERS. FOR ADDITIONAL INFORMATION VISIT WWW.WORLDVISION.ORG/OUR-WORK.
PUBLIC AWARENESS AND EDUCATION - THE ORGANIZATION SEEKS TO MAKE GOVERNMENT OFFICIALS AND THE PUBLIC AWARE OF, AND ENCOURAGE THEM TO TAKE ACTION ON, GLOBAL POVERTY AND JUSTICE RELATED ISSUES. WORLD VISION ADVOCATES ON BEHALF OF CHILDREN AND THE POOR TO INCREASE UNDERSTANDING OF ISSUES AND INVOLVEMENT IN SOLUTIONS. FOR ADDITIONAL INFORMATION VISIT WORLDVISIONADVOCACY.ORG.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edgar Sandoval President | OfficerTrustee | 40 | $442,043 |
Richard Stearns President Emeritus | 0 | $334,543 | |
John Daggett Former Treasury/chief Invest Officer | 40 | $304,517 | |
Steven Haas Former Wv Sr Engage Leader Church Partner | 40 | $244,101 | |
Margaret Schuler Sr VP International | Officer | 40 | $238,887 |
Mark Howard Former Sr Assoc Gen Counsel | 40 | $233,301 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Radiant Global Logistics Inc Gik Shipping | 9/29/21 | $1,959,280 |
Missionary Expediters Inc Gik Shipping | 9/29/21 | $3,465,502 |
One And All Inc Marketing | 9/29/21 | $2,037,814 |
Merkle Group Inc Marketing | 9/29/21 | $3,620,404 |
Kaye Smith Business Graphics Printing | 9/29/21 | $1,667,064 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $2,052,842 |
| Membership dues | $0 |
| Fundraising events | $3,312,564 |
| Related organizations | $0 |
| Government grants | $420,771,280 |
| All other contributions, gifts, grants, and similar amounts not included above | $877,060,963 |
| Noncash contributions included in lines 1a–1f | $440,280,030 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,303,197,649 |
| Total Program Service Revenue | $539,721 |
| Investment income | $2,076,836 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,674 |
| Net Rental Income | $167,960 |
| Net Gain/Loss on Asset Sales | $758,061 |
| Net Income from Fundraising Events | -$133,797 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,306,648,130 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $194,988,057 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $809,644,586 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,743,656 |
| Compensation of current officers, directors, key employees. | $1,709,289 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,531,055 |
| Pension plan accruals and contributions | $6,872,465 |
| Other employee benefits | $10,386,649 |
| Payroll taxes | $5,528,960 |
| Fees for services: Management | $179,499 |
| Fees for services: Legal | $204,870 |
| Fees for services: Accounting | $471,773 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $3,332,374 |
| Fees for services: Investment Management | $511,508 |
| Fees for services: Other | $11,241,020 |
| Advertising and promotion | $8,228,366 |
| Office expenses | $23,566,666 |
| Information technology | $5,259,049 |
| Royalties | $0 |
| Occupancy | $2,024,137 |
| Travel | $1,260,502 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,075,420 |
| Interest | $4,313 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,261,674 |
| Insurance | $397,522 |
| All other expenses | $0 |
| Total functional expenses | $1,218,757,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $481,857 |
| Savings and temporary cash investments | $11,698,694 |
| Pledges and grants receivable | $25,766,252 |
| Accounts receivable, net | $11,186,855 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $136,572 |
| Inventories for sale or use | $29,629,323 |
| Prepaid expenses and deferred charges | $20,609,764 |
| Net Land, buildings, and equipment | $39,171,315 |
| Investments—publicly traded securities | $202,027,779 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $31,794,833 |
| Total assets | $372,503,244 |
| Accounts payable and accrued expenses | $28,732,809 |
| Grants payable | $0 |
| Deferred revenue | $18,202,580 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $300,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,952,513 |
| Total liabilities | $62,187,902 |
| Net assets without donor restrictions | $122,263,263 |
| Net assets with donor restrictions | $188,052,079 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $372,503,244 |
Grants Awarded
Over the last fiscal year, World Vision has awarded $190,264,395 in support to 584 organizations.
| Grant Recipient | Amount |
|---|---|
Bakersfield, CA PURPOSE: Family Assistance | $18,568,942 |
Paintsville, KY PURPOSE: Development | $7,956,746 |
Maywood, IL PURPOSE: Food Assistance | $5,484,578 |
R L JONES COMMUNITY OUTREACH CENTER INC PURPOSE: Food Assistance | $5,060,767 |
Long Beach, CA PURPOSE: Family Assistance | $4,811,115 |
Los Angeles, CA PURPOSE: Family Assistance | $4,450,658 |
Grants Recieved
Over the last fiscal year, we have identified 24 grants that World Vision has recieved totaling $326,016.
| Awarding Organization | Amount |
|---|---|
Floradon Foundation Henderson, NV PURPOSE: RELIEF AID | $250,000 |
Hyde Foundation Telluride, CO PURPOSE: ASSSIST THE UKRAINIAN PEOPLE | $25,000 |
Crawford Family Foundation Wilmington, DE PURPOSE: WASH PROJECT | $9,000 |
Nightlight Foundation Austin, TX PURPOSE: GLOBAL MISSION SUPPORT | $8,321 |
In Jesus Name Foundation Yantis, TX PURPOSE: GENERAL OPERATING SUPPORT | $8,000 |
Richter Family Foundation Hayward, WI PURPOSE: HELP THE POOR AROUND THE WORLD | $4,250 |
Endowment Analysis
| Beg. Balance | $8,315,341 |
| Earnings | $1,238,654 |
| Net Contributions | $8,140 |
| Grants | $43,249 |
| Ending Balance | $9,518,886 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mercy Corps Portland, OR | $226,971,164 | $423,496,332 |
Luke Commission Inc Sagle, ID | $15,926,571 | $20,745,366 |
Making A Difference Foundation Seattle, WA | $5,648,581 | $9,801,406 |
Washington State University Global Health Pullman, WA | $474,066 | $7,124,881 |
Worldreader Org Seattle, WA | $11,912,107 | $9,017,027 |
All Gods Children International Vancouver, WA | $4,347,832 | $7,534,520 |
International Childrens Care Inc Vancouver, WA | $2,390,869 | $3,895,114 |
Days For Girls International Mount Vernon, WA | $1,621,886 | $3,676,158 |
Childcare Worldwide Lynden, WA | $2,694,359 | $2,926,893 |
India Partners Eugene, OR | $2,001,509 | $3,503,989 |
Glenorchy Marketplace Foundation Bellevue, WA | $35,571,268 | $3,025,099 |
African Entrepreneurship Collective Clinton, WA | $11,434,782 | $6,049,617 |