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.
|On January 14, 2019, Lutheran World Relief and IMA World Health, a faith-based public health agency headquartered in Washington, DC, announced they have combined operations, effective January 1st. Click on the "Donor Alerts & Articles / Media" Tab (above) for a link to the press release announcing the merger.|
CharityWatch's current rating of Lutheran World Relief (LWR) is based on LWR's financial activities for the fiscal year ended 09/30/2017, before its combination with IMA World Health. CharityWatch does not provide a separate rating for IMA World Health. An updated rating for the combined organization will be provided, if possible, once the organization completes and makes publicly available its initial IRS Form 990 filing and audited financial statements for a 12-month period.
|According to the Lutheran World Relief (LWR) tax filing for the fiscal year-ended September 30, 2017, LWR reports receiving donated in-kind goods on which it placed a value of approximately $13.9 million (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".]