CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
Any time an Analysts' Note refers to a charity's Audited Financial Statements or IRS tax form, CharityWatch encourages interested donors to obtain a copy of the referenced documents so that they may view the information in context. Please contact the charity directly to request a copy of any referenced document. Charity tax forms and audits may also be obtained from a number of online databases. For a list of sources, please visit our LINKS page.
|According to the Helen Keller International (HKI) consolidated audit of June 30, 2016 (Note 2, Contributions of Medical Supplies, Medicines and Other (In-Kind)):|
"Contributions of medical supplies consist of supplies received from major pharmaceutical companies and are used to fight and prevent blindness. ...During the years ended June 30, 2016 and 2015, HKI received and distributed $160,500,750 and $162,571,500, respectively, of the product Mectizan from a donor for the treatment of onchocerciasis..."
According to the HKI tax filing for the fiscal year ended June 30, 2016, HKI also received other donated in-kind items in fiscal 2016 on which it placed a value of $16,300 (IRS Form 990, Schedule M).
[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found by clicking on "About CharityWatch" from the navigation bar and then clicking on "Criteria & Methodology".]