Independent Auditors’ Reports as Required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Government Auditing Standards and Related Information

The World Resources Institute (WRI) and its subsidiaries underwent an independent audit for the fiscal year ending September 30, 2024. The auditors issued an unmodified opinion on the consolidated financial statements and compliance for major federal programs. WRI reported total assets of $538,365,898 and total net assets of $489,378,797. The organization operates across seven critical issues, including climate, energy, and forests, with a significant portion of its funding coming from foreign governments (46% of receivables) and foundations (32% of receivables). The audit found no material weaknesses in internal control over financial reporting or compliance for the 2024 period.

• The independent auditors issued an unmodified opinion, stating that the consolidated financial statements present fairly, in all material respects, the financial position of the Institute as of September 30, 2024 and 2023.
• As of September 30, 2024, the Institute's total assets were $538,365,898, with cash and cash equivalents totaling $144,386,730 and investments totaling $85,034,517.
• The Institute's total net assets as of September 30, 2024, were $489,378,797, of which $451,175,458 were subject to donor restrictions.
• For the year ended September 30, 2024, the Institute's total operating expenses were $271,331,499, with $245,698,252 dedicated to policy research, technical support, and communications programs.
• The mix of grants, pledges, and contracts receivable as of September 30, 2024, was dominated by foreign governments at 46% and foundations at 32%.
• The Institute's total federal expenditures for the year ended September 30, 2024, were $14,870,941, with the largest portion awarded by the U.S. Agency for International Development ($7,983,741).
• The auditors identified no material weaknesses or significant deficiencies in internal control over financial reporting or internal control over compliance for major federal programs for the 2024 period.
• A prior year finding (2024-001) regarding errors in the preparation of the Schedule of Expenditures of Federal Awards (SEFA) was marked as corrected through an enhanced review process and the implementation of a New Project Set Up Form.

APA

World Resources Institute (2024). Independent Auditors’ Reports as Required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Government Auditing Standards and Related Information. https://files.wri.org/d8/s3fs-public/2025-06/wri-fy24-audit-a133.pdf

Chicago

World Resources Institute. Independent Auditors’ Reports as Required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Government Auditing Standards and Related Information. 2024. https://files.wri.org/d8/s3fs-public/2025-06/wri-fy24-audit-a133.pdf.

Wikipedia

{{cite report |author=World Resources Institute |title=Independent Auditors’ Reports as Required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Government Auditing Standards and Related Information |date=30 September 2024 |url=https://files.wri.org/d8/s3fs-public/2025-06/wri-fy24-audit-a133.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldresourcesinstitute2024independent, author = {{World Resources Institute}}, title = {{Independent Auditors’ Reports as Required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Government Auditing Standards and Related Information}}, institution = {World Resources Institute}, year = {2024}, month = sep, url = {https://files.wri.org/d8/s3fs-public/2025-06/wri-fy24-audit-a133.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }