2017 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 view our 2017 financials  or call 888-277-7575.

STATEMENT OF ACTIVITIES (in thousands)

OPERATING REVENUE 2017 2016
Total Funds Total Funds
Private support $239,663 $201,054
Public support 737,682 714,654
Investment and other income 1,248 2,050
Total $978,593 $917,758
OPERATING EXPENSES
Program services $918,124 $915,047
Supporting services 61,659 55,931
Total $979,783 $970,978
CHANGE IN NET ASSETS FROM OPERATIONS $(1,190) $(53,220)
NON-OPERATING REVENUE AND EXPENSES $22,171 $5,786
CHANGE IN NET ASSETS $20,981 $(47,434)
Net assets, beginning of period $166,867 $214,301
Net assets, end of period $187,848 $166,867

REVENUE (in thousands)

PRIVATE SUPPORT
CRS collection $13,224 1.35%
CRS Rice Bowl 8,521 0.87%
Other private contributions 139,410 14.25%
Foundation and other private grants 42,165 4.31%
Bequests 36,343 3.71%
Total $239,663 24.49%
PUBLIC SUPPORT
Commodities and freight $191,466 19.56%
USG grants 391,399 40.00%
Other public grants and contributions 154,817 15.82%
Total $737,682 75.38%
OTHER
Investment and other income $1,248 0.13%
TOTAL $978,593 100.00%

EXPENSES (in thousands)

PROGRAM SERVICES
Agriculture $147,750 15.08%
Water $8,061 0.82%
Education $75,055 7.66%
Emergency $425,860 43.46%
Small Enterprise $8,619 0.88%
Health $215,031 21.95%
Peace and Justice $37,748 3.86%
Total $918,124 93.71%
SUPPORTING SERVICES
Management and general $31,070 3.17%
Public awareness 7,211 0.73%
Fundraising 23,378 2.39%
Total $61,659 6.29%
TOTAL $979,783 100.00%
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