BBB Wise Giving Report for
CARE USA

BBB Wise Giving Report issued March 2009
BBB Wise Giving Report expires March 2011


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: CARE USA
Address: 151 Ellis Street, NE
  Atlanta, GA 30303
Phone: 404-681-2552
800-422-7385
Web Address: www.careusa.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1945, District of Columbia
Affiliates: Domestic and non-US subsidiaries
Stated Purpose: "to serve individuals and families in the poorest communities in the world."

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Evaluation Conclusions

               

CARE USA (CARE) meets the 20 Standards for Charity Accountability.
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Programs

               

CARE reports supporting poverty-fighting projects in 66 countries reaching more than 55 million people in fiscal year 2008. CARE’s programs provide people with information and services to protect their health, plan their families and raise healthy children. The economic development programs help individuals gain access to credit and skills to start and expand a business. CARE also has programs to increase access to safe water, improve health and hygiene practices, improve crop production, and reduce the negative social and economic consequences of the AIDS epidemic.

For the fiscal year ended June 30, 2008, CARE's program expenses were:

  
Development 484,429,000
Emergency 106,260,000
Rehabilitation 17,940,000
Total Program Expenses: $608,629,000
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Governance

               

Chief Executive : Helene D Gayle, M.D., MHP, President and CEO
Compensation*:
 $431,000

Highest Paid Executive: Susan Farnsworth, Sr. Vice President, Programs
Compensation*: $462,000

Chair of the Board: W. Bowman Cutter, III
Chair's Profession / Business Affiliation: Managing Director, Warburg Pincus LLC

Board Size: 24

Paid Staff Size: 535

*July 1, 2007 - June 30, 2008 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. CARE reports that Susan Farnsworth terminated her employment on April 28, 2008 and that the compensation reported for Ms. Farnsworth includes severance pay.
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Fund Raising

               

Method(s) Used:

Direct mail, telemarketing, special events, print advertisements, television, radio, grant proposals, Internet appeals, planned giving, and cause-related marketing.
Fund raising costs were 5% of related contributions. (Related contributions, which totaled $537,437,000, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on CARE's audited financial statements - consolidated with affiliates for the fiscal year ended June 30, 2008.

Source of Funds  
U.S. government 267,177,000
Care International 147,643,000
Contributions 139,934,000
Others 105,318,000
Host governments 25,008,000
Interest and dividends on restricted net assets 9,368,000
Interest and dividends on unrestricted net assets 7,957,000
Rent and miscellaneous 5,421,000
Total Income $707,826,000


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Uses of Funds as a % of Total Expenses

Programs: 91%  Fund Raising: 4%  Administrative: 5% 

Total income   $707,826,000
  Program expenses $608,629,000
  Fund raising expenses 28,023,000
  Administrative expenses 36,953,000
 
Total expenses   $673,605,000
Income in Excess of Expenses   34,221,000
Beginning net assets   359,570,000
Other Changes in Net Assets (31,123,000)
Ending net assets   362,668,000
Total liabilities   375,896,000
Total assets   $738,564,000

Note 1: CARE reports receiving in-kind donations in the amount of $75,408,000. Included in this amount is $74,714,000 (food), $174,000 (miscellaneous), $127,000 (SkyMiles), and $115,000 (materials).

Note 2: According to CARE other changes in net assets is related to realized and unrealized loss in investments and a decrease in the value of trusts held by third parties.

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Complaints

               

Number of complaints processed by the BBB in the last 36 months:  1

Mailing List Removal

The organization addressed the complaint issues brought to its attention:  1

(This complaint involved an individual seeking to have their name and address removed from the organization's mailing list.)

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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