Catholic Relief Services

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 8/5/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

We work with organizations around the world to help poor and vulnerable people overcome emergencies, earn a living through agriculture and access affordable health care.


Contact information

Mailing address:
Catholic Relief Services
228 West Lexington St
Baltimore, MD 21201-3443

Website: www.crs.org

Phone: 877-435-7277

Email: info@crs.org


Organization details

EIN: 135563422

CEO/President: Sean Callahan

Chairman: Most Rev. Frank J. Caggiano

Board size: 25

Founder: Catholic Bishops of the United States

Year founded: 1946

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: No

Member of ECFA since:


Purpose

Catholic Relief Services (CRS) was founded to assist the poor and disadvantaged outside the country. The purpose and programs of CRS is based in the Gospel of Jesus Christ; to that end, CRS is committed to the alleviation of human suffering, the development of people and the fostering of charity and justice in the world. CRS provides direct aid to the poor, and involves people in their own development, helping them to realize their potential. CRS educates the people of the United States to fulfill their moral responsibilities towards others around the world.


Mission statement

Catholic Relief Services carries out the commitment of the Bishops of the United States to assist the poor and vulnerable overseas. We are motivated by the Gospel of Jesus Christ to cherish, preserve and uphold the sacredness and dignity of all human life, foster charity and justice, and embody Catholic social and moral teaching as we act to:

  • Promote human development by responding to major emergencies, fighting disease and poverty, and nurturing peaceful and just societies; and,
  • Serve Catholics in the United States as they live their faith in solidarity with their brothers and sisters around the world.
As part of the universal mission of the Catholic Church, we work with local, national and international Catholic institutions and structures, as well as other organizations, to assist people on the basis of need, not creed, race or nationality.

Statement of faith

Rather than a "Statement of Faith," CRS provides its "Guiding Principles," which follow.

As the official international Catholic relief and development agency of the United States Conference of Catholic Bishops, Catholic Relief Services draws upon a rich tradition of Scripture and Catholic social teaching, which serve as the foundation for CRS' Guiding Principles. Acting as a guide to what a just world might look like, these Principles are shared across religious and cultural boundaries and articulate values that are common among people who seek to promote and work towards true justice and lasting peace.

Created in the image of God, all human life is sacred and possesses a dignity that comes directly from our creation and not from any action of our own.

Every person has basic rights and responsibilities that flow from our human dignity and that belong to us as human beings regardless of any social or political structures. The rights are numerous and include those things that make life truly human. Corresponding to our rights are duties and responsibilities to respect the rights of others and to work for the common good of all.

All of us are social by nature and are called to live in community with others -- our full human potential isn't realized in solitude, but in community with others. How we organize our families, societies and communities directly affects human dignity and our ability to achieve our full human potential.

In order for all of us to have an opportunity to grow and develop fully, a certain social fabric must exist within society. This is the common good. Numerous social conditions -- economic, political, material and cultural -- impact our ability to realize our human dignity and reach our full potential.

A higher level of government -- or organization -- should not perform any function or duty that can be handled more effectively at a lower level by people who are closer to the problem and have a better understanding of the issue.

We are all part of one human family -- whatever our national, racial, religious, economic or ideological differences -- and in an increasingly interconnected world, loving our neighbor has global dimensions.

In every economic, political and social decision, a weighted concern must be given to the needs of the poorest and most vulnerable. When we do this we strengthen the entire community, because the powerlessness of any member wounds the rest of society.

There is inherent integrity to all of creation and it requires careful stewardship of all our resources, ensuring that we use and distribute them justly and equitably -- as well as planning for future generations.

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating197 of 94023 of 75
Fund acquisition rating226 of 94221 of 75
Resource allocation rating223 of 94220 of 75
Asset utilization rating490 of 94037 of 75

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%4%4%3%3%3%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%4%4%3%3%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%100%100%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%4%4%3%3%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%0%0%0%0%0%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
85%92%92%93%94%94%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%99%100%102%100%106%
Program output ratio Program output ratio =
Program services /
Total revenue
83%91%93%96%94%100%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%1%0%-2%0%-6%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%6%-3%-12%-1%-32%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%5%4%3%3%3%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.641.641.862.001.741.96
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.281.081.101.101.101.12
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.631.772.042.211.912.19
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
7.892.011.671.701.621.68
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.120.500.600.590.620.60
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.263.402.372.242.402.21
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
14%67%68%63%67%66%
Debt ratio Debt ratio =
Debt /
Total assets
0%4%5%5%4%5%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
52%20%17%18%19%17%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$74,045,000$64,610,000$58,337,000$114,333,000$61,038,000
Receivables, inventories, prepaids$256,648,000$210,447,000$202,810,000$196,849,000$176,129,000
Short-term investments$127,968,000$132,227,000$140,101,000$144,113,000$151,556,000
Other current assets$55,973,000$56,935,000$57,177,000$56,544,000$54,387,000
Total current assets$514,634,000$464,219,000$458,425,000$511,839,000$443,110,000
Long-term investments$0$0$0$0$0
Fixed assets$40,425,000$44,350,000$47,555,000$51,297,000$52,214,000
Other long-term assets$0$0$0$0$0
Total long-term assets$40,425,000$44,350,000$47,555,000$51,297,000$52,214,000
Total assets$555,059,000$508,569,000$505,980,000$563,136,000$495,324,000
 
Liabilities20202019201820172016
Payables and accrued expenses$128,420,000$95,004,000$97,079,000$88,422,000$84,623,000
Other current liabilities$127,537,000$182,443,000$172,514,000$227,069,000$179,801,000
Total current liabilities$255,957,000$277,447,000$269,593,000$315,491,000$264,424,000
Debt$22,248,000$23,260,000$24,223,000$25,139,000$26,012,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$93,005,000$44,584,000$27,324,000$34,658,000$38,021,000
Total long-term liabilities$115,253,000$67,844,000$51,547,000$59,797,000$64,033,000
Total liabilities$371,210,000$345,291,000$321,140,000$375,288,000$328,457,000
 
Net assets20202019201820172016
Without donor restrictions$98,527,000$83,654,000$108,530,000$97,533,000$74,786,000
With donor restrictions$85,322,000$79,624,000$76,310,000$90,315,000$92,081,000
Net assets$183,849,000$163,278,000$184,840,000$187,848,000$166,867,000
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$921,908,000$937,135,000$987,855,000$977,345,000$915,708,000
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$1,684,000$3,073,000$1,500,000$1,248,000$2,050,000
Other revenue$0$0$0$0$0
Total other revenue$1,684,000$3,073,000$1,500,000$1,248,000$2,050,000
Total revenue$923,592,000$940,208,000$989,355,000$978,593,000$917,758,000
 
Expenses20202019201820172016
Program services$836,442,000$873,496,000$944,947,000$918,124,000$915,047,000
Management and general$43,708,000$36,083,000$33,516,000$31,070,000$25,603,000
Fundraising$32,911,000$35,122,000$32,375,000$30,589,000$30,328,000
Total expenses$913,061,000$944,701,000$1,010,838,000$979,783,000$970,978,000
 
Change in net assets20202019201820172016
Surplus (deficit)$10,531,000($4,493,000)($21,483,000)($1,190,000)($53,220,000)
Other changes in net assets$10,040,000($17,069,000)$18,475,000$22,171,000$5,786,000
Total change in net assets$20,571,000($21,562,000)($3,008,000)$20,981,000($47,434,000)

Compensation

Compensation data for this ministry has not been collected.


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 8/5/2021. To update the information below, please email: info@ministrywatch.com


History

https://impact.crs.org/timeline/


Program accomplishments


Needs