Forbes Magazine Lists Compassion International in Top 20 on the 2013 Largest U.S. Charities List
Colorado Springs, CO (PRWEB) December 10, 2013 -- Compassion International has been listed among the largest U.S. charities according to three different publications, including Forbes magazine. With 9.9% revenue growth last year, Compassion International holds the number 16 spot on Forbes’ Largest U.S. Charities list.
In order to determine the top 100 U.S. charities, Forbes uses a rigorous methodology that includes the amount of private donations, charitable commitment, fundraising efficiency and donor dependency. With over $650 million in revenue, Compassion International scored strongly in each area, proving that it continues to operate as one of the biggest and best charities in the United States.
Compassion International has 10 global partners, in addition to the USA funding arm, and serves more than 1.4 million babies, children and university students in 26 countries throughout Asia, Africa and Latin America. In 2013, an independent study on the viability of international child sponsorship led by Dr. Bruce Wydick, professor of economics and international studies at the University of San Francisco, revealed large and statistically significant impacts on life outcomes for children enrolled in Compassion International’s Christian child sponsorship program.
“Compassion International’s placement on the Forbes’ Largest U.S. Charities list and the independent research led by Dr. Wydick is strong evidence that Compassion International is not only one of the largest charities in the world, but also one of the most effective,” said Mark Hanlon, Compassion International senior vice president of global marketing and engagement. “Our task is to maintain our momentum as a learning organization to build the success of our core programs that break the cycle of poverty in the lives of the children we serve.”
In addition, the annual Philanthropy 400 published by The Chronicle of Philanthropy lists Compassion International as the 23rd largest U.S. nonprofit and The 2013 NonProfit Times Top 100 lists Compassion as number 29 on their list of America’s largest nonprofits.
About Compassion International
Compassion International is the world’s leading authority in child sponsorship. Compassion revolutionized the fight against global poverty by equipping the Church to develop children out of poverty to become responsible and fulfilled Christian adults. It is the only child sponsorship program to be validated through independent, empirical research. Today, Compassion partners with more than 6,000 Christian churches in 26 countries to release more than 1.4 million babies, children and students from poverty in Jesus’ name. Compassion has been awarded the highest rating for financial stewardship and transparency for 12 consecutive years by Charity Navigator, America’s largest charity evaluator. For more information on the ministry, visit compassion.com or follow on Twitter at @compassion.
Tim Glenn, Compassion International, http://compassion.com/catalog, +1 719-272-5377, [email protected]
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