BBB Wise Giving Report for
International Medical Corps

BBB Wise Giving Report issued December 2007
BBB Wise Giving Report expires December 2009


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: International Medical Corps
Address: 1919 Santa Monica Boulevard
Suite 400
  Santa Monica, CA 90404
Phone: 310-826-7800
Web Address: www.imcworldwide.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1984, California
Affiliates: International Medical Corps-UK
Stated Purpose: "to improve the quality of life through health interventions and related activities that build local capacity in areas worldwide where few organizations dare to serve."

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Evaluation Conclusions

               

International Medical Corps (IMC) meets the 20Standards for Charity Accountability.
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Programs

               

IMC works with communities in urban and rural areas, isolated villages, refugee camps, disaster sites, and frontline hospitals to provide essential health services. IMC trains local workers and establishes sustainable health and economic development systems in war torn, impoverished regions of the world. Both during and after a crisis, IMC supports longer-term recovery through training and economic development and civil society initiatives that rebuild local capacity.

For the fiscal year ended June 30, 2006, IMC's program expenses were:

  
Program services 90,811,919
Program management and evaluation 2,821,718
Total Program Expenses: $93,633,637
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Governance

               

Chief Executive : Nancy A. Aossey, President and Chief Executive Officer
Compensation*:
 $288,574

Chair of the Board: Robert R. Simon, MD
Chair's Profession / Business Affiliation: Interim Bureau Chief, Cook County Bureau of Health Services

Board Size: 13

Paid Staff Size: 4000

*July 1, 2005 - June 30, 2006 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, grant proposals, Internet appeals, and planned giving.
Fund raising costs were 7% of related contributions. (Related contributions, which totaled $3,449,736, 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 IMC's audited financial statements for the fiscal year ended June 30, 2006.

Source of Funds  
Contract and grant support 55,879,518
Donated medical supplies 42,301,919
Contributions 3,449,736
Donated medical services 468,900
Interest and dividend income 95,755
Realized and unrealized gain on investments 5,195
Total Income $102,201,023


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Uses of Funds as a % of Total Expenses

Programs: 94%  Fund Raising: Less than 1%  Administrative: 6% 

Total income   $102,201,023
  Program expenses $93,633,637
  Fund raising expenses 239,605
  Administrative expenses 5,471,714
 
Total expenses   $99,344,956
Income in Excess of Expenses   2,856,067
Beginning net assets   10,619,205
Ending net assets   13,475,272
Total liabilities   8,133,586
Total assets   $21,608,858

Note: According to IMC's audited financial statements, the organization received in-kind donations in the amount of $42,770,829 which included medical supplies ($42,301,919) and medical services ($468,900).

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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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