BBB Wise Giving Report for
Concern Worldwide US

BBB Wise Giving Report issued June 2010
BBB Wise Giving Report expires June 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Concern Worldwide US
Address: 355 Lexington Avenue, 19th Floor
  New York, NY 10017
Phone: 212-557-8000
Web Address: www.concernusa.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1993, New York
Affiliates: Concern Worldwide IRL
Stated Purpose: "to help people living in absolute poverty achieve major improvements in their lives that last and spread without ongoing support from Concern Worldwide."

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Evaluation Conclusions

               

Concern Worldwide US (CW) meets the 20 Standards for Charity Accountability.
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Programs

               

CW is dedicated to the reduction of suffering and to working towards the ultimate elimination of extreme poverty in the world’s poorest countries. CW reports that it has over 3,600 workers in 28 of the world’s poorest countries. CW implements programs in the areas of livelihoods, health, HIV and AIDS, and education. The organization works in partnership with local organizations and people in their own communities to develop practical and lasting solutions to extreme poverty. CW reports that its emergency relief and development programs reached more than 10 million people directly in the past year.

For the year ended December 31, 2009, CW's program expenses were:

  
Overseas relief 18,689,936
Development education 643,558
Total Program Expenses: $19,333,494
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Governance

               

Chief Executive : Siobhan Walsh, Executive Director
Compensation*:
 $105,331

Chair of the Board: Tom J. Moran
Chair's Profession / Business Affiliation: President and CEO of Mutual of America

Board Size: 25

Paid Staff Size: 25

*2009 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, special events, print advertisements, television, radio, grant proposals, Internet appeals, planned giving, and membership appeals.
Fund raising costs were 3% of related contributions. (Related contributions, which totaled $19,648,268, 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 CW's audited financial statements for the year ended December 31, 2009.

Source of Funds  
Government grants 9,421,722
Contributions and non-government grants 8,727,783
Special events (net) 1,498,763
Support from Concern Worldwide IRL 1,248,084
Investment income 2,904
Total Income $20,899,256


chart



Uses of Funds as a % of Total Expenses

Programs: 94%  Fund Raising: 3%  Administrative: 3% 

Total income   $20,899,256
  Program expenses $19,333,494
  Fund raising expenses 558,645
  Administrative expenses 705,089
 
Total expenses   $20,597,228
Income in Excess of Expenses   302,028
Beginning net assets   838,578
Ending net assets   1,140,606
Total liabilities   7,317,355
Total assets   $8,457,961


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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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