Financial Information

Supporting Sustained Growth

Heifer International reports audited financial statements, annual reports and tax information, including our nonprofit status and the IRS Form 990.

Trusted as a results-driven partner

A screenshot of the cover of Heifer International's 2023 Annual Report

We believe that ending hunger and poverty begins by developing long-term solutions in partnership with the people we’re serving. Through this work, we’ve helped empower more than 46.4 million families since 1944.

When communities and other stakeholders are actively engaged in implementation and financing, projects are more sustainable. This enables us to work on a deeper level, fostering economic markets that allow family members to earn a living income, so the basic needs of everyone in the household are met.

We have seen results in transforming the level of transparency, accountability, and innovation in the nonprofit world through blockchain technology. Our School Milk Program in Tanzania is providing milk for children who suffer from a lack of proper nutrition while creating a reliable market for producers. Through Hatching Hope, our partnership with Cargill is allowing farmers to expand poultry production and sell their products at market for a living income.

We are committed to running an efficient and effective organization. We believe values-based partnerships and investments are necessary for long-term growth.

 

Nonprofit tax status 

Heifer International is a nonprofit organization and contributions are tax-deductible under U.S. tax regulations. Heifer is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code.

 

What percent of Heifer International donations go to charity?

Pie chart showing Heifer's Fiscal Year 2023 Consolidated Expenses

In fiscal year 2023, 73% of Heifer International's expenses went to programming. That means almost 3/4 of Heifer's expenses were spent helping people around the world move from poverty to power. The remaining spending went to fundraising (22.1%) and management (4.9%). In dollars, that's a total of $175,164,758 spent, with

  • $127,832,677 going to programming
  • $38,765,495 going to fundraising
  • $8,566,586 going to management

Heifer exceeds the Better Business Bureau standard for charities. The Better Business Bureau standard for fundraising is 65% for program expenses and 35% for fundraising, and Heifer International's operations are about 73% for program expenses and 22% for fundraising.

We regularly assess the effectiveness of our costs in comparison to fundraising success and work to direct as much funding to programs as possible while still raising the funds necessary to make the work happen.

Read our annual report for more information.

 

Consolidated audited financial statements 

Download the Consolidated Financial Statement for Fiscal Year ending June 30, 2023.

IRS form 990

The annual IRS Form 990 is a public document that provides useful information for the IRS and the public so they may evaluate nonprofits and how they operate. The IRS uses it to assess exempt status and other activities, including finances, governance, compensation paid to certain persons and compliance with certain federal tax filings.

Though it doesn't take into account the growth investments necessary to scale up our programs, we've made our Form 990 available online so you can see just how cost-effective our programs are.

View the current and past years’ IRS Form 990 below in PDF format.

Accountability and Transparency 

Accountability is a core component of Heifer International. In addition to our annual report, audited financial statements and the IRS Form 990, we also provide the following information in the spirit of transparency.