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Financial Statements

Building on 65 Years of Help and Hope

View the fiscal year 2008 Interactive Annual Report

Download the fiscal year 2008 Annual Report




Fiscal year 2008 audited financial statement


In 1943, as war raged across Europe, thousands of bedraggled Polish refugees fleeing Soviet forced-labor camps streamed across the border of Iran. Most were women and children, or very old men, their bodies emaciated, their feet swollen and bleeding. Realizing they had reached sanctuary, many fell to their knees and wept.

There to meet them were representatives of a newly formed agency, War Relief Services, representing the mercy and good will of American Catholics. From these beginnings, that charitable organization would become Catholic Relief Services, the official international humanitarian agency of the U.S. Catholic community.

The outpouring of generosity from Catholics in the United States has continued throughout CRS' 65-year history. As part of our mission, CRS provides education and opportunities for the faithful to engage in our work on behalf of the poor overseas. And American Catholics and others of good will have responded: not only to wars and natural disasters, but also to those working for development, justice and peace. Thanks to you, CRS has been blessed to be an agent of help and hope for the poorest of the poor in more than 100 countries around the world.

In 2008, CRS achieved significant milestones, even as we faced some of the most daunting challenges in our history. The issues we confronted were global in scope: