Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $281,548

• 1c · Fundraising events

  $2,631,890

• 1e · Government grants (contributions)

  $336,988,522

• 1f · All other contributions, gifts and grants

  $546,491,520

• 1g · Noncash contributions included above

  $87,876,037

• 3 · Investment income

  total $4,607,805 · excluded $4,607,805

• 5 · Royalties

  total $638 · excluded $638

• 6a · Gross rents

  real property $307,180 · personal property $104,509

• 6b · Less rental expenses

  real property $276,790 · personal property $0

• 6c · Rental income or loss

  real property $30,390 · personal property $104,509

• 6d · Net rental income or loss

  total $134,899 · excluded $134,899

• 7a · Gross sales of assets other than inventory

  securities $142,308,727 · other assets $231,058

• 7b · Less cost or other basis and sales expenses

  securities $150,157,457 · other assets $283,719

• 7c · Gain or loss

  securities -$7,848,730 · other assets -$52,661

• 7d · Net gain or loss

  total -$7,901,391 · excluded -$7,901,391

• 8a · Fundraising events: gross income

  $218,110

• 8a · Fundraising events: contributions included on line 1c

  $2,631,890

• 8b · Fundraising events: direct expenses

  $560,220

• 8c · Net income from fundraising events

  total -$342,110 · excluded -$342,110

• 11a · Other revenue: FOREIGN EXCHANGE GAIN

  total $4,175,489 · excluded $4,175,489

• 11b · Other revenue: SALE OF GOODS NON-UBIT

  total $3,769,942 · excluded $3,769,942

• 11d · All other revenue

  total $798,370 · excluded $798,370

• 11e · Other revenue, total

  $8,743,801

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $16,829,365 · program services $16,829,365

• 3 · Grants to foreign organizations and individuals

  total $190,175,165 · program services $190,175,165

• 5 · Compensation of officers, directors and key employees

  total $2,843,314 · program services $869,449 · management and general $1,640,740 · fundraising $333,125

• 6 · Compensation of disqualified persons

  total $473,979 · program services $473,979

• 7 · Other salaries and wages

  total $198,710,682 · program services $172,825,227 · management and general $16,495,507 · fundraising $9,389,948

• 8 · Pension plan contributions

  total $7,479,805 · program services $6,004,141 · management and general $941,533 · fundraising $534,131

• 9 · Other employee benefits

  total $37,948,751 · program services $34,249,512 · management and general $2,170,042 · fundraising $1,529,197

• 10 · Payroll taxes

  total $10,867,524 · program services $9,202,124 · management and general $993,388 · fundraising $672,012

• 11b · Fees: legal

  total $1,139,392 · program services $792,176 · management and general $335,075 · fundraising $12,141

• 11c · Fees: accounting

  total $2,320,953 · program services $1,305,649 · management and general $1,015,304

• 11d · Fees: lobbying

  total $563,491 · program services $563,491

• 11e · Fees: professional fundraising services

  total $5,296,965 · fundraising $5,296,965

• 11f · Fees: investment management

  total $331,959 · management and general $331,959

• 11g · Fees: other

  total $33,174,661 · program services $30,783,309 · management and general $2,298,485 · fundraising $92,867

• 12 · Advertising and promotion

  total $7,752,434 · program services $4,874,958 · management and general $167,712 · fundraising $2,709,764

• 13 · Office expenses

  total $34,382,757 · program services $23,101,972 · management and general $1,814,059 · fundraising $9,466,726

• 14 · Information technology

  total $12,918,168 · program services $10,327,631 · management and general $862,821 · fundraising $1,727,716

• 16 · Occupancy

  total $15,965,114 · program services $14,765,093 · management and general $543,695 · fundraising $656,326

• 17 · Travel

  total $44,221,066 · program services $43,095,582 · management and general $829,404 · fundraising $296,080

• 19 · Conferences, conventions and meetings

  total $28,384,441 · program services $28,283,710 · management and general $97,866 · fundraising $2,865

• 20 · Interest

  total $5,408 · program services $5,402 · management and general $4 · fundraising $2

• 22 · Depreciation, depletion and amortization

  total $3,592,521 · program services $2,911,452 · management and general $216,269 · fundraising $464,800

• 23 · Insurance

  total $1,331,305 · program services $1,135,733 · management and general $113,414 · fundraising $82,158

• 24a · Other expenses: EMERGENCY SUPPLIES

  total $167,532,709 · program services $167,431,009 · management and general $13,492 · fundraising $88,208

• 24b · Other expenses: AGRICULTURAL COMMODITIE

  total $66,922,901 · program services $66,922,901

• 24c · Other expenses: CONTRIBUTIONS IN KIND

  total $10,698,377 · program services $10,698,377

• 24e · All other expenses

  total $27,572,590 · program services $13,913,327 · management and general $58,520 · fundraising $13,600,743

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $159,895 · end of year $159,025

• 2 · Savings and temporary cash investments

  beginning of year $180,541,025 · end of year $129,597,909

• 3 · Pledges and grants receivable

  beginning of year $124,325,431 · end of year $159,564,277

• 4 · Accounts receivable

  beginning of year $34,446,577 · end of year $31,197,141

• 7 · Other notes and loans receivable

  beginning of year $102,257 · end of year $134,071

• 8 · Inventories for sale or use

  beginning of year $9,809,571 · end of year $5,299,771

• 9 · Prepaid expenses and deferred charges

  beginning of year $4,990,849 · end of year $4,013,072

• 10a · Land, buildings and equipment: cost or other basis

  $100,327,471

• 10b · Land, buildings and equipment: accumulated depreciation

  $81,822,426

• 10c · Land, buildings and equipment, net

  beginning of year $18,310,845 · end of year $18,505,045

• 11 · Investments: publicly traded securities

  beginning of year $101,371,104 · end of year $104,758,246

• 13 · Investments: program-related

  beginning of year $2,142,541 · end of year $2,179,974

• 15 · Other assets

  beginning of year $141,865,741 · end of year $170,503,028

• 17 · Accounts payable and accrued expenses

  beginning of year $61,301,827 · end of year $71,725,463

• 19 · Deferred revenue

  beginning of year $87,076,049 · end of year $84,720,743

• 25 · Other liabilities

  beginning of year $40,583,657 · end of year $69,893,668

• 27 · Net assets without donor restrictions

  beginning of year $108,259,256 · end of year $110,198,761

• 28 · Net assets with donor restrictions

  beginning of year $320,845,047 · end of year $289,372,924

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A:

-FIRST CLASS TRAVEL IS ALLOWED FOR PRESIDENT AND CEO AS APPROVED BY BOARD OF DIRECTORS. COSTS ASSOCIATED WITH FIRST CLASS TRAVEL ARE NOT THE INCLUDED IN THE EMPLOYEE'S INCOME. -THE FOLLOWING COMMENTS ARE RELATED TO TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: QUALIFIED INTERNATIONAL STAFF ARE TAX INDEMNIFIED FOR HOST COUNTRY TAX OBLIGATIONS. THE BASE COMPENSATION FOR CERTAIN QUALIFIED INTERNATIONAL STAFF LISTED IN SCHEDULE J INCLUDES A PORTION OF TAXES PAID TO THE COUNTRY'S TAX AUTHORITIES IN WHICH THEY RESIDE. TAXES ARE PAID BY THE ORGANIZATION ON BEHALF OF THE EMPLOYEE. COMPENSATION INCLUDES SIGNIFICANT TAX PAYMENTS FOR THOSE QUALIFIED INTERNATIONAL STAFF LISTED IN SCHEDULE J. AMOUNTS PER PERSON RANGE FROM $10,462 - $58,034. -HOUSING IS PROVIDED FOR QUALIFIED INTERNATIONAL STAFF RESIDING OUTSIDE THEIR HOME COUNTRY. THE COSTS ASSOCIATED WITH HOUSING ARE INCLUDED IN THE EMPLOYEE'S INCOME. -HEALTH CLUB FEES, NOT TO EXCEED $20/MONTH, ARE REIMBURSABLE TO ALL. HEALTH CLUB REIMBURSEMENTS ARE INCLUDED IN THE EMPLOYEE'S INCOME.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• ACCESS AFRICA FUND

  RELATED INVESTMENT I · MICROFINANCE · DE · 90.91% owned · share of income -$90,213 · share of assets $744,193

  Directly controlled by CARE USA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CARE SOCIAL VENTURES INC

  C · HOLDING COMPANY · DE · 100% owned · share of income -$369,561 · share of assets $1,023,269

  Directly controlled by CARE USA

• CARE ENTERPRISES INC

  C · HOLDING COMPANY · DE · 100% owned · share of income -$325,179

  Directly controlled by CARE USA

• THOMAS WILLIAMS TRUST

  T · INVESTING · GA · 66.67% owned · share of income $6,521,695 · share of assets $121,055,028

  Directly controlled by BESSEMER