In an effort to be financially transparent and accountable, this is the first in a series of blog posts regarding the financial stewardship of Vision Nationals.
At Vision Nationals, we take seriously our responsibility to steward our resources well. This is both a means to glorify God who is the true provider of all that we have, and also out of our commitment and gratefulness to our supporters who give faithfully and sacrificially.
One question we are often asked is “How much of my dollar actually goes to India?” What people want to know is: what percentage of incoming funds are used for program expenses (expenses directly related to doing what you say you are going to do – in our case: planting churches, training nationals and caring for orphans and widows) versus the percentage of incoming funds used on administrative overhead and fundraising costs.
According to Charity Navigator, the nations largest and most-utilized evaluator of charities, an “organization should spend no more than 25% of their total expenses on administrative overhead and fundraising costs combined.”
We are pleased to announce that Vision Nationals falls well within this guideline. Last year we spent just over 80% of our total income on program expenses. This means $.80 of every dollar you give goes directly to India. Just under 15% of our total income was spent on administration costs, with under 5% being used towards fundraising.
For those readers who have been giving faithfully, we want to say thank you. Thank you for your trust in our organization and your support of our mission to plant churches, train nationals and care for orphans and widows. Without your support, we would not be able to do what we do.
For further questions on Vision Nationals’ financial transparency and accountability procedures, please email Lauren. If you would like to give to Vision Nationals, you may do so through our give page.
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