World Vision
- Assets
- $372.5m
- Revenue
- $1.3b
- Investments
- $0.0
- Employees
- 958
- 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 09/2023, World Vision employed 958 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 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $1.2b during the year ending 09/2021. While expenses have increased by 3.1% per year over the past 7 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 2,394 individual grants totaling $733,551,709. 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. 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 & CEO | OfficerTrustee | 40 | $491,078 |
Robert Abernathy Vice Chair | OfficerTrustee | 1 | $0 |
Dr Joan Singleton Board Chair | OfficerTrustee | 1 | $0 |
Kristin Anderson Board Member | Trustee | 1 | $0 |
Dr Leith Anderson Board Member | Trustee | 1 | $0 |
Jim Bechtold Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Merkle Group Inc Media Agency | 9/29/22 | $5,024,307 |
Radiant Global Logistics Inc Domestic Gik Freight | 9/29/22 | $4,616,491 |
Hacker Group Inc Advertising/printing | 9/29/22 | $3,182,172 |
Missionary Expediters Inc Internat'l Gik Freight | 9/29/22 | $2,921,373 |
Kaye Smith Business Graphics Print Production | 9/29/22 | $1,729,346 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,303,197,649 |
| 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 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 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 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $310,315,342 |
Grants Awarded
Over the last fiscal year, World Vision has awarded $142,382,308 in support to 343 organizations.
| Grant Recipient | Amount |
|---|---|
ADVENTIST HEALTH - ST HELENA PURPOSE: Development & Medical Assistance | $8,783,915 |
PROVISO MISSIONARY BAPTIST CHURCH PURPOSE: Development | $6,604,314 |
EIKON CHURCH OF THE NAZARENE PURPOSE: Development & Family Assistance | $3,432,742 |
CITY OF DESTINY PURPOSE: Development & Family Assistance | $3,380,628 |
CUTLIFF GROVE FAMILY RESOURCE CENTER PURPOSE: Development & Family Assistance | $2,845,759 |
COMPASSION COALITION PURPOSE: Development & School Assistance | $1,374,058 |