Corus International
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Corus International meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to affirm God’s love for all people, we work with Lutherans and partners around the world to end poverty, injustice and human suffering."
Year, State Incorporated:
1945, NY
Also Known As:
Lutheran World Relief
Corus International (CI) reports that it tackles global poverty by helping people adapt to the challenges that threaten their livelihoods and well-being. The organization provides aid in emergencies and helps families restore their lives. It also partners with communities to build and grow rural economies breaking the cycle of poverty, so families and communities can thrive. CI's goal is to help people build self‐sufficiency and create new community‐owned approaches to problem‐solving that will last long after their projects end. CI's main program areas include: rural economies and livelihoods; environment; humanitarian assistance; impact investing and developing technical resources.
For the year ended September 30, 2022, Corus International's program expenses were:
Agriculture | $8,387,009 |
Health | $70,576,888 |
Emergencies and material resources | $20,321,631 |
Climate change | $1,044,575 |
Impact living | $58,017 |
Livelihood | $3,152,904 |
Total Program Expenses | $103,541,024 |
Chief Executive
Ambassador Daniel V. Speckhard, (Rt.), President and Chief Executive Officer
Compensation*
$552,423
Chair of the Board
Kenneth Jones II
Chair's Profession / Business Affiliation
Senior Vice President and Chief Operating Officer, MacArthur Foundation
Board Size
15
Paid Staff Size
608
*2024 compensation, as reported by the organization, includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Radio
Fundraising costs were 7% of related contributions. (Related contributions, which totaled $135,808,353, are donations received as a result of fundraising activities.)
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.
The following information is based on Corus International's audited financial statements for the year ended September 30, 2022.
Source of Funds
Investment loss, net | $-1,133,973 |
Program service revenue | $436,088 |
Church body support | $1,465,000 |
Bequests | $7,921,354 |
In-kind contributions | $13,561,432 |
Corporate and other grants | $30,754,713 |
Contributions | $35,783,703 |
U.S. government grants | $46,322,151 |
Total Income | $135,110,468 |
Programs: 79% Fundraising: 8% Administrative: 13%
Total Income | $135,110,468 |
Total expenses: | $131,224,751 |
Program expenses | $103,541,024 |
Fundraising expenses | $9,990,088 |
Administrative expenses | $17,693,639 |
Other expenses | $0 |
Income in Excess of Expenses | $3,885,717 |
Beginning Net Assets | $33,966,837 |
Other Changes In Net Assets | $0 |
Ending Net Assets | $37,852,554 |
Total Liabilities | $32,004,154 |
Total Assets | $69,856,708 |
Note: According to CI's audited financial statements - consolidated - for the year ended Septemebr 30, 2022, the organization received in-kind contributions totaling $13,561,432 in the form of donated school supply kits and baby care kits ($7,409,130), donated blankets and quilts ($6,127,380), and pro-bono legal services ($24,922).
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 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 International Association of Better Business Bureaus.
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