Celebrate Women’s History Month: Donate to a Top-Rated Cha...
Celebrate Women’s History Month: Donate to a Top-Rated Cha...
Mar 01, 2024
March is Women’s History Month. ...
March is Women’s History Month. ...
Compassion International is not required to file an annual return (Form 990) with the IRS or state regulators because it is a religious organization. CharityWatch is therefore unable to provide salary information for this group. CharityWatch's letter grade rating of Compassion International is based on the Compassion International and Affiliates audited consolidated financial statements for the fiscal year ended June 30, 2025. |
CharityWatch's rating of Compassion International also includes the financial activities of its international affiliates, which are consolidated in the Compassion International audited financial statements for the fiscal year ended June 30, 2025. "All inter-affiliate accounts and transactions have been eliminated in the consolidated financial statements," according to audit Note 1. According to the Compassion International and Affiliates consolidated audit of June 30, 2025 (Note 1 re: Organization and Mission Structure): "Compassion is headquartered in Colorado Springs, Colorado, USA, and has international branch offices and affiliates (national offices) operating in twenty-nine countries. The organization's programs are concentrated in various countries within Africa, Asia, Central America, the Caribbean, and South America." According to the Compassion International and Affiliates consolidated audit of June 30, 2025 (Note 1 re: Affiliates): "Compassion has international affiliates which are consolidated based on the level of control exercised by Compassion International, Inc., and the presence of an economic interest." According to the Compassion International and Affiliates consolidated audit of June 30, 2025 (Note 1 re: Global Partner Alliance): "Compassion has a related-party relationship with an alliance of international organizations, referred to as covenant partners...This alliance is entitled the Global Partner Alliance (GPA)... ...Compassion Australia is a covenant partner and also a wholly-owned affiliate. Results of Compassion Australia are included in Compassion's consolidated results. The remaining covenant partners within the GPA are unaffiliated with Compassion. Apart from donor-imposed restrictions, Compassion has control over the ultimate distribution of amounts received from these covenant partners, and as such, these amounts are included as revenue (See note 11 [excerpted below]). Other than Compassion Australia, Compassion does not exercise the level of control necessary to consolidate covenant partners, and therefore their operations are not reflected in the accompanying consolidated financial statements." CharityWatch's rating of Compassion International does not include the financial activities of the ten unaffiliated international organizations that, along with Compassion International, are part of the "Global Partner Alliance." The organizations in the Global Partner Alliance (GPA) with Compassion include organizations located in South Korea, the United Kingdom, Canada, the Netherlands, Germany, Switzerland, Italy, France, New Zealand, as well as "Compassion Norden (Nordic countries)," according to audit Note 11 (Related-party Contributions), which also reports that Compassion received $215,299,000 in total contributions from those ten GPA organizations in fiscal 2025. [Note: The above-noted $215,299,000 in Global Partner Alliance contributions Compassion received in fiscal 2025 are excluded from CharityWatch's calculation of Compassion International's Cost to Raise $100 ratio.] |
According to the Compassion International and Affiliates consolidated audit of June 30, 2025 (Note 2 re: Severance Benefits): "Compassion provides certain severance benefits to eligible former or inactive employees during the period subsequent to employment but prior to retirement through plans individualized for each geography in accordance with local laws and regulations or common market practices...Accrued severance for years ended June 30, 2025 and 2024, was $4.8 million and $4.9 million, respectively...Compassion's severance expense was $6.1 million and $7.8 million for the years ended June 30, 2025 and 2024, respectively..." |