Christian Relief Fund

Summary

Christian Relief Fund ("CRF") is a nondenominational child sponsorship, relief, and aid agency. Baxter Loe founded CRF in 1974 in memory of John Abraham, a man who gave his life serving others. CRF receives and disburses funds for various mission and benevolent works. At present, the majority of its funds are expended in India, Africa, Central America, and Eastern Europe. CRF provides orphans and vulnerable children with food, clean water, medical care, education, and Bible study for $35 per month. Besides ongoing and emergency medical help as part of its other programs, CRF operates medical clinics in some of the neediest slums on Earth. CRF provides food, medical, and spiritual aid to victims of war or disaster. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Contact information

Mailing address:
PO Box 19670
Amarillo, TX 79114-1670

Website: www.christianrelieffund.org

Phone: (806) 352-5030

Email: info@christianrelieffund.org


Organization details

EIN: 510183054

CEO/President: Dr. Milton Jones

Chairman: Dr. Milton Jones

Board size: 11

Founder: Mr. Baxter Loe

Year founded: 1974

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 1982


Purpose

Christian Relief Fund ("CRF") is a nondenominational child sponsorship, relief, and aid agency. Baxter Loe founded CRF in 1974 in memory of John Abraham, a man who gave his life serving others. CRF receives and disburses funds for various mission and benevolent works. At present, the majority of its funds are expended in India, Africa, Central America, and Eastern Europe. CRF provides orphans and vulnerable children with food, clean water, medical care, education, and Bible study for $35 per month.

Sponsors receive the history, photos, letters, and a loving relationship with their sponsored child. Besides ongoing and emergency medical help as part of its other programs, CRF operates medical clinics in some of the neediest slums on Earth. CRF provides food, medical, and spiritual aid to victims of war or disaster and has helped tens of thousands in Northern Kenya gain access to clean water. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Mission statement

Christian Relief Fund communicates its purpose in the following way:

Christian Relief Fund rescues orphans and vulnerable children from poverty. Our child sponsorship programs are dedicated to providing food, clean water, education, spiritual training, healthcare and disaster relief to the glory of God worldwide.

OUR MISSION IS SIMPLE. Christian Relief Fund is dedicated to holistic growth for children in poverty: intellectually, physically, spiritually and socially.


Statement of faith

Christian Relief Fund communicates its statement of belief in the following way:

CRF believes in the Christian ethic of helping our neighbor without regard to sex, race, or creed. The CRF board is composed of men and women who have a sincere interest in mission work and benevolence and a deep love for mankind. The children and families helped by CRF programs are selected on the basis of need only. Spiritual guidance and counseling are provided and attendance of local church services is encouraged.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating92 of 59121 of 68
Fund acquisition rating108 of 59116 of 68
Resource allocation rating77 of 59119 of 68
Asset utilization rating295 of 59146 of 68

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%3%3%3%3%3%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%3%3%3%3%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
94%99%97%97%98%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%4%3%4%4%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
6%1%3%3%2%0%
 
Operating ratiosMedian % for
all ministries in
MW database
20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%91%92%90%91%91%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%92%90%87%94%87%
Program output ratio Program output ratio =
Program services /
Total revenue
80%84%83%79%85%79%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%8%10%13%6%13%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%9%11%15%8%21%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%5%5%6%6%5%
 
Investing ratiosMedian measure
for all ministries
in MW database
20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.040.951.021.011.181.32
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.721.031.031.521.531.59
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.180.981.051.541.792.09
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.7555.7060.2531.0222.8322.12
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.020.020.030.040.05
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.7212.0711.237.556.405.47
 
Solvency ratiosMedian % for
all ministries in
MW database
20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%2%2%2%3%3%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
77%103%96%97%83%74%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$4,151,381$5,474,050$4,781,438$4,054,574$3,487,232
Receivables, inventories, prepaids$0$2,575$0$13,001$1,090
Short-term investments$4,562,572$2,468,969$0$0$0
Other current assets$0$0$0$0$0
Total current assets$8,713,953$7,945,594$4,781,438$4,067,575$3,488,322
Long-term investments$0$0$2,260,974$1,904,904$1,804,257
Fixed assets$223,199$206,653$223,668$230,742$243,767
Other long-term assets$0$0$0$0$0
Total long-term assets$223,199$206,653$2,484,642$2,135,646$2,048,024
Total assets$8,937,152$8,152,247$7,266,080$6,203,221$5,536,346
 
Liabilities20192018201720162015
Payables and accrued expenses$108,955$90,374$55,545$58,466$34,122
Other current liabilities$47,478$41,511$98,620$119,719$123,593
Total current liabilities$156,433$131,885$154,165$178,185$157,715
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$156,433$131,885$154,165$178,185$157,715
 
Net assets20192018201720162015
Unrestricted$5,008,170$2,718,461$2,350,125$2,161,000$2,350,988
Temporarily restricted$3,747,529$5,276,881$4,736,770$3,839,016$3,002,623
Permanently restricted$25,020$25,020$25,020$25,020$25,020
Net assets$8,780,719$8,020,362$7,111,915$6,025,036$5,378,631
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$9,132,196$8,955,820$8,153,722$7,648,911$8,447,117
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$148,943$253,548$288,525$132,232$10,908
Other revenue($12,501)$46,332$4,082($14,305)($18,447)
Total other revenue$136,442$299,880$292,607$117,927($7,539)
Total revenue$9,268,638$9,255,700$8,446,329$7,766,838$8,439,578
 
Expenses20192018201720162015
Program services$7,760,153$7,662,781$6,637,005$6,611,031$6,636,129
Management and general$436,999$428,550$446,241$422,500$382,732
Fundraising$311,129$255,922$276,204$262,449$283,641
Total expenses$8,508,281$8,347,253$7,359,450$7,295,980$7,302,502
 
Change in net assets20192018201720162015
Surplus (deficit)$760,357$908,447$1,086,879$470,858$1,137,076
Other changes in net assets$0$0$0$0$0
Total change in net assets$760,357$908,447$1,086,879$470,858$1,137,076

Response from ministry

No response has been provided by this ministry.


History

Baxter Loe, founder of Christian Relief Fund, met John Abraham, a Christian minister who had given up his government job to preach, in May 1971 during a famine in India. John Abraham asked Baxter for assistance. But Baxter thought he could not afford to help. Months later, Baxter learned that John Abraham died of starvation. This horrible tragedy and the desperate needs Baxter saw in India gave him the conviction to follow Christ's example of feeding the hungry, preaching the gospel to the poor, and healing their diseases and heartbreak.

CRF began by helping the three surviving children of John Abraham in 1971 and was incorporated February 15, 1974.

Since that time, CRF has grown to have programs in more than 20 countries and supports thousands of children and families for the glory of God.


Program accomplishments


Needs

Through the Christian Relief Fund you can provide food, clothing, medical care, schooling, and loving Christian care to a child in need for $35 a month.