World Vision INC FY2021 filing

Tax-deductible

Federal Way, WA501(c)(3)Since 1950InternationalEIN 95-1922279

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World Vision, INC. Is a christian humanitarian organization dedicated to working with children, families, and their communities worldwide to reach their full potential by tackling the causes of poverty and injustice. (continued on schedule o.)the organization provides emergency relief and long-term community development programs in countries around the World. The organization also engages - and equips volunteers to engage in - the essential ministry of advocacy, working to change policies and practices that keep children and families in poverty from living the full lives god intends for them. This work includes empowering children, families, and community leaders to advocate on their own behalf. World Vision serves all people, regardless of religion, race, ethnicity, or gender. The organization strives to maximize its impact by partnering with other development groups, local organizations, churches, public agencies, and governments.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$3.7M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $45.9M a year · 3% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.7M
to officers and key staff · 0.3% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
56
named funders · $1.0M
Looks good: 56 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$62.2M
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 15 voting members
Looks good: 14 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3B
+7% vs prior year
Spent
$1.2B
To programs
90%
Net assets
$310.3M
By yearFY2020–FY2024
Revenue
$1.3B
FY2021▲ +7%
Revenue by fiscal year
FY2020$1.2B
FY2021$1.3B
FY2022$1.4B
FY2023$1.5B
FY2024$1.6B
FY2024$1.4B
Expenses
$1.2B
FY2021▲ +1%
Expenses by fiscal year
FY2020$1.2B
FY2021$1.2B
FY2022$1.3B
FY2023$1.5B
FY2024$1.5B
FY2024$1.4B
Net assets
$310.3M
FY2021▲ +43%
Net assets by fiscal year
FY2020$216.5M
FY2021$310.3M
FY2022$361.0M
FY2023$339.8M
FY2024$428.8M
FY2024$432.3M

From the FY2021 Form 990 (year ending September 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1982.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $1.1B Management & general 4% · $51.3M Fundraising 6% · $74.7M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

30 people listed on the 990; $3.7M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$442,043Pt VII · Sec A
President Emeritus
$334,543Pt VII · Sec A
Former Treasury/Chief Invest Officer
$304,517Pt VII · Sec A
Former WV SR Engage Leader Church Partner
$244,101Pt VII · Sec A
SR VP International
$238,887Pt VII · Sec A
Former SR Assoc Gen Counsel
$233,301Pt VII · Sec A
SR VP Transform Engagement
$227,758Pt VII · Sec A
Treasurer/Secretary/SR VP
$216,414Pt VII · Sec A

Edgar Sandoval’s $574K as President & CEO is at the 70th percentile of top reported officer pay among 88 $100M+ international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Edgar Sandoval$573,543$534,742$491,078$442,043$459,497
Richard Stearns—$144,345$143,971$334,543$379,981
Margaret Schuler$318,139$283,679$265,202$238,887$248,560
John Daggett———$304,517$205,217
Christopher J Glynn$301,283$267,052———
Priscilla T Tuan SR VP$291,410————
Daisy S Szabo$286,393————
John K Shunk$283,125————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See World Vision INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides humanitarian aid, advocates for global justice, and educates the public to support children and families living in poverty worldwide.

Provided by the organization

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3 programs · $1.1B · in their own filed words · FY2020
01

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…

$836.2Mprogram expense
02

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.

$254.1Mprogram expense
03

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.

$2.5Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 56 funders →
Grants paid · 332 grants · $17.5M · 2019–2024
Medical Teams InternationalOR · FY2024$500,000
Cityserve InternationalMO · FY2024$88,000
Young LifeCO · FY2024$76,200
Hunt Baptist ChurchTX · FY2024$59,865
The NavigatorsCO · FY2024$50,350
Asheville DCFY2024$40,000
Multicare FoundationsWA · FY2024$40,000
Olympia Foursquare ChurchWA · FY2024$35,000
St John Baptist Church INCFY2024$24,000
See all 332 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.3B
Ln 12
Gifts and grantsLn 1h$1.3B
Investment incomeLn 3$2.8M
Fees for servicesLn 2g$540K
Money outPt IX
$1.2B
Ln 25
Programscol B$1.1B
Managementcol C$51.3M
Fundraisingcol D$74.7M
Owns and owesPt X
$310.3M
net assets · Ln 32
Cash and savingsLn 1–2$12.2M
Total assetsLn 16$372.5M
LiabilitiesLn 26$62.2M
PeoplePt VI, VII
30
listed · VII A
PaidVII A16
Voting boardVI 1a15
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3B
Government grantsLn 1e$420.8M
Noncash giftsLn 1g$440.3M
Fundraising eventsLn 1c$3.3M
Fees for servicesLn 2g$540K
Investment incomeLn 3$2.8M
Other incomeLn 4–11$76K
Gains on assetsLn 7$758K
Total revenueLn 12$1.3B
Assets in detailPt X, end of year
CashLn 1$482K
SavingsLn 2$11.7M
Cash and savings togetherLn 1–2$12.2M
InvestmentsLn 11–13$202.0M
Land, buildings, equipmentLn 10c$39.2M
Other assetsLn 15$31.8M
Total assetsLn 16$372.5M
LiabilitiesLn 26$62.2M
Net assetsLn 32$310.3M
OperationsPt I, VI
EmployeesI 51,034
VolunteersI 628,224
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$7.2M$12.2M
InvestmentsLn 11–13$139.3M$202.0M
Land, buildings, equipmentLn 10c$42.0M$39.2M
Total assetsLn 16$304.3M$372.5M
LiabilitiesLn 26$87.8M$62.2M
Net assetsLn 32$216.5M$310.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$195.0M$195.0M
Grants and assistance to foreign recipientsLn 3$809.6M$809.6M
Pay of current officers, directors and key staffLn 5$2.7M$538K$1.7M$496K
Other salaries and wagesLn 7$77.5M$17.8M$24.8M$34.9M
Pension plan contributionsLn 8$6.9M$1.6M$2.2M$3.1M
Other employee benefitsLn 9$10.4M$2.2M$2.3M$5.9M
Payroll taxesLn 10$5.5M$1.3M$1.8M$2.5M
Management feesLn 11a$179K$82K$49K$49K
Legal feesLn 11b$205K$3K$180K$22K
Accounting feesLn 11c$472K$37K$434K
Professional fundraising feesLn 11e$3.3M$3.3M
Investment management feesLn 11f$512K$512K
Other fees for servicesLn 11g$11.2M$5.8M$2.6M$2.8M
Advertising and promotionLn 12$8.2M$268K$2.5M$5.4M
Office expensesLn 13$23.6M$5.6M$6.3M$11.6M
Information technologyLn 14$5.3M$702K$3.0M$1.6M
OccupancyLn 16$2.0M$1.4M$114K$469K
TravelLn 17$1.3M$100K$65K$1.1M
Conferences, conventions and meetingsLn 19$1.1M$85K$56K$934K
InterestLn 20$4K$4K
Depreciation, depletion and amortizationLn 22$3.3M$1.1M$1.9M$232K
InsuranceLn 23$398K$398K
Other expenses (24a–d)Ln 24$50.0M$49.4M$409K$219K
Total functional expensesLn 25$1.22B$1.09B$51.3M$74.7M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $1.6B$1.5B$70.7M$428.8M 990 PDF
FY2023 $1.5B$1.5B−$24.6M$339.8M 990 PDF
FY2022 $1.4B$1.3B$76.8M$361.0M 990 PDF
FY2021 Viewing $1.3B$1.2B$87.9M$310.3M 990 PDF
FY2020 $1.2B$1.2B$18.6M$216.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $1,306,648,130 across 14 lines filed
Lines not itemized here account for $33,942 of total revenue; see the IRS return.
VIII-1a Federated campaigns$2,052,842
VIII-1c Fundraising events$3,312,564
VIII-1e Government grants$420,771,280
VIII-1f All other contributions, gifts and grants$877,060,963
VIII-1g Noncash contributions (included above)$440,280,030
VIII-1h Total contributions, gifts and grants$1,303,197,649
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $539,721$539,721
VIII-3 Investment incomeUnrelated business −$47,781 · Excluded from tax $2,124,617$2,076,836
VIII-5 RoyaltiesExcluded from tax $1,674$1,674
VIII-6 Net rental income or lossExcluded from tax $167,960$167,960
VIII-7 Net gain or loss on sales of assetsExcluded from tax $758,061$758,061
VIII-8 Net income from fundraising eventsExcluded from tax −$133,797−$133,797
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $6,084$6,084
VIII-12 Total revenueRelated to mission $539,721 · Unrelated business −$47,781 · Excluded from tax $2,958,541$1,306,648,130
Part IX · Statement of functional expenses $1,218,757,162 across 23 lines filed
IX-1 Grants to domestic organizationsPrograms $194,988,057$194,988,057
IX-3 Grants and assistance to foreign recipientsPrograms $809,644,586$809,644,586
IX-5 Pay of current officers, directors and key staffPrograms $538,459 · Management $1,709,289 · Fundraising $495,908$2,743,656
IX-7 Other salaries and wagesPrograms $17,832,143 · Management $24,809,937 · Fundraising $34,888,975$77,531,055
IX-8 Pension plan contributionsPrograms $1,580,667 · Management $2,199,189 · Fundraising $3,092,609$6,872,465
IX-9 Other employee benefitsPrograms $2,168,277 · Management $2,285,454 · Fundraising $5,932,918$10,386,649
IX-10 Payroll taxesPrograms $1,271,661 · Management $1,769,267 · Fundraising $2,488,032$5,528,960
IX-11a Management feesPrograms $82,128 · Management $48,762 · Fundraising $48,609$179,499
IX-11b Legal feesPrograms $2,849 · Management $179,873 · Fundraising $22,148$204,870
IX-11c Accounting feesPrograms $37,470 · Management $434,303$471,773
IX-11e Professional fundraising feesFundraising $3,332,374$3,332,374
IX-11f Investment management feesManagement $511,508$511,508
IX-11g Other fees for servicesPrograms $5,829,058 · Management $2,592,452 · Fundraising $2,819,510$11,241,020
IX-12 Advertising and promotionPrograms $267,917 · Management $2,518,350 · Fundraising $5,442,099$8,228,366
IX-13 Office expensesPrograms $5,648,344 · Management $6,348,435 · Fundraising $11,569,887$23,566,666
IX-14 Information technologyPrograms $702,166 · Management $2,968,363 · Fundraising $1,588,520$5,259,049
IX-16 OccupancyPrograms $1,441,040 · Management $114,156 · Fundraising $468,941$2,024,137
IX-17 TravelPrograms $99,988 · Management $65,443 · Fundraising $1,095,071$1,260,502
IX-19 Conferences, conventions and meetingsPrograms $85,307 · Management $55,833 · Fundraising $934,280$1,075,420
IX-20 InterestManagement $4,313$4,313
IX-22 Depreciation, depletion and amortizationPrograms $1,104,518 · Management $1,924,892 · Fundraising $232,264$3,261,674
IX-23 InsuranceManagement $397,522$397,522
IX-24 Other expenses (24a–d)Programs $49,415,051 · Management $409,074 · Fundraising $218,916$50,043,041
IX-25 Total functional expensesPrograms $1,092,739,686 · Management $51,346,415 · Fundraising $74,671,061$1,218,757,162
Part X · Balance sheet $372,503,244 assets, 18 lines filed
Asset lines not itemized here account for $136,572; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $519,133$481,857
X-2 Savings and temporary cash investmentsStart of year $6,666,572$11,698,694
X-3 Pledges and grants receivableStart of year $15,261,092$25,766,252
X-4 Accounts receivableStart of year $9,639,742$11,186,855
X-8 Inventories for sale or useStart of year $33,211,570$29,629,323
X-9 Prepaid expenses and deferred chargesStart of year $31,954,546$20,609,764
X-10c Land, buildings and equipment, netStart of year $41,965,869$39,171,315
X-11 Publicly traded securitiesStart of year $139,282,926$202,027,779
X-15 Other assetsStart of year $25,640,232$31,794,833
X-16 Total assetsStart of year $304,280,458$372,503,244
X-17 Accounts payable and accrued expensesStart of year $38,663,772$28,732,809
X-19 Deferred revenueStart of year $27,125,513$18,202,580
X-25 Other liabilitiesStart of year $14,044,863$14,952,513
X-26 Total liabilitiesStart of year $87,772,074$62,187,902
X-27 Net assets without donor restrictionsStart of year $86,324,102$122,263,263
X-28 Net assets with donor restrictionsStart of year $130,184,282$188,052,079
X-32 Total net assets or fund balancesStart of year $216,508,384$310,315,342
X-33 Total liabilities and net assetsStart of year $304,280,458$372,503,244
Part XI · Reconciliation of net assets $310,315,342 net assets at year end
XI-1 Total revenue$1,306,648,130
XI-2 Total expenses$1,218,757,162
XI-3 Revenue less expenses$87,890,968
XI-4 Net assets at start of year$216,508,384
XI-5 Net unrealized gains (losses) on investments$1,190,757
XI-9 Other changes in net assets$4,725,233
XI-10 Net assets at end of year$310,315,342

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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