2016 FINANCIAL SUMMARY

Catholic Relief Services ensures that the funds you have so generously entrusted to us go where they are needed most. In the interest of stewardship, only summary financial information is provided in the annual report.

For complete financial statements, including auditor’s notes, please visit http://www.crs.org/sites/default/files/2016-financials.pdf or call 888-277-7575.

STATEMENT OF ACTIVITIES (in thousands)

OPERATING REVENUE 2016 2015
Total Funds Total Funds
Private support $201,054 $259,029
Public support 714,654 477,943
Investment and other income 2,050 1,673
Total $917,758 $738,645
OPERATING EXPENSES
Program services $915,047 $678,584
Supporting services 55,931 54,729
Total $970,978 $733,313
CHANGE IN NET ASSETS FROM OPERATIONS $(53,220) $5,332
NON-OPERATING REVENUE AND EXPENSES $5,786 $(16,964)
CHANGE IN NET ASSETS $(47,434) $(11,632)
Net assets, beginning of period $214,301 $225,933
Net assets, end of period $166,867 $214,301

REVENUE (in thousands)

PRIVATE SUPPORT
CRS collection $11,767 1.28%
CRS Rice Bowl 8,435 0.92%
Other private contributions 121,301 13.22%
Foundation and other private grants 37,194 4.05%
Bequests 22,357 2.44%
Total $201,054 21.91%
PUBLIC SUPPORT
Commodities and freight $269,560 29.37%
USG grants 314,381 34.26%
Other public grants and contributions 130,713 14.24%
Total $714,654 77.87%
OTHER
Investment and other income $2,050 0.22%
TOTAL $917,758 100.00%

EXPENSES (in thousands)

PROGRAM SERVICES
Agriculture $178,240 18.36%
Water and Sanitation $11,190 1.15%
Education $73,854 7.61%
Emergency $442,460 45.57%
Microfinance $7,367 0.76%
Health $165,187 17.01%
Justice and Peacebuilding $36,749 3.78%
Total $915,047 94.24%
SUPPORTING SERVICES
Management and general $25,603 2.64%
Public awareness 7,881 0.81%
Fundraising 22,447 2.31%
Total $55,931 5.76%
TOTAL $970,978 100.00%
Top