BBB Wise Giving Report for
CARE USA

BBB Wise Giving Report issued March 2011
BBB Wise Giving Report expires March 2013


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

              

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Programs

              

In 2010, CARE reports that it supported 768 poverty-fighting projects in 70 countries reaching almost 57 million people. 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. Furthermore, CARE works with civil society organizations and governments to improve decision-making and it reports that through this program, it has helped about 25.5 million people gain a voice and realize their rights.

For the fiscal year ended June 30, 2010, CARE's program expenses were:

  
Development 405,320,000
Emergency 99,835,000
Public information 21,215,000
Rehabilitation 19,733,000
Total Program Expenses: $546,103,000
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Governance

              

Chief Executive : Helene D Gayle, President & CEO
Compensation*:
$428,802

Chair of the Board: Bowman W. Cutter
Chair's Profession / Business Affiliation: Director of the Roosevelt Institute

Board Size: 24

Paid Staff Size: 7654

*July 1, 2009 - June 30, 2010 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

Direct mail, telemarketing, special events, grant proposals, Internet appeals, planned giving, cause-related marketing, and face to face street canvassing.
Fund raising costs were 6% of related contributions. (Related contributions, which totaled $428,794,000, 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 subsidiaries) for the fiscal year ended June 30, 2010.

Source of Funds  
Government and other support 282,350,000
Care International 139,492,000
Private contributions 131,793,000
Public information - PSA 14,651,000
Interest and dividends 11,572,000
Rent and miscellaneous 6,150,000
Total Income $586,008,000


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Uses of Funds as a % of Total Expenses

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

Total income   $586,008,000
  Program expenses $546,103,000
  Fund raising expenses 25,451,000
  Administrative expenses 30,192,000
 
Total expenses   $601,746,000
Expenses in Excess of Income   (15,738,000)
Beginning net assets   297,490,000
Other Changes in Net Assets 49,133,000
Ending net assets   330,885,000
Total liabilities   161,022,000
Total assets   $491,907,000

Note 1:
In the above financial summary, "other changes in net assets" includes gain from operations of discontinued operations ($37,757,000), net realized and unrealized gain on investments ($8,004,000), increase in the value of trusts held by third parties ($7,494,000), interest and dividends on gift annuity investments ($835,000), actuarial loss on split interest agreements (-$576,000), minority interest in subsidiary income (-$593,000), net change in pension liability (-$775,000), actuarial loss on annuity obligations (-$1,154,000), and foreign exchange loss (-$1,859,000).

Note 2:
According to CARE's audited financial statements (consolidated with subsidiaries) for the fiscal year ended June 30,2010, the organization's in-kind contributions were $52,198,000 which includes food ($30,707,000), PSAs ($14,651,000), other support ($4,373,182), Haiti emergency gift-in-kind ($2,441,818), and SkyMiles ($25,000).

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Complaints

              

Number of complaints processed by the BBB in the last 36 months: 2

Mailing List Removal

The organization addressed the complaint issue brought to its attention: 2

(These complaints involve individuals seeking to have their names and addresses 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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