Audit 31148

Title: Reconciliation to Consolidated Financial Statements Accounting Policies: (1) Basis of Presentation: The accompanying schedule of expenditures of federal awards presents the federal awards activity (including indirect cost recovery amounts) of International Rescue Committee, Inc. and its subsidiaries (IRC) for the year ended September 30, 2022. This schedule includes federal awards passed through states and other agencies and is prepared on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administration Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of IRCs consolidated financial statements. De Minimis Rate Used: N Rate Explanation: In connection with its ongoing relationship with USAID and the regulatory provisions for its negotiated indirect cost rate agreement, IRC has been involved in finalizing provisional rates each year. Provisional rates provided by the government are charged to the grants and adjusted in the period after the final rate is determined. IRC applies its indirect cost rate negotiated with USAID (NICRA) to its Federally funded activities. The reconciliation of IRCs consolidated financial statements and the schedule of expenditures of federal awards is as follows (in thousands): Grant and contract income: U.S. federal and local government agencies - $467,187, Less: Nonfederal awards included above - (745) = total expenditures of federal awards - $466,442.

Title: Pass through Activity Accounting Policies: (1) Basis of Presentation: The accompanying schedule of expenditures of federal awards presents the federal awards activity (including indirect cost recovery amounts) of International Rescue Committee, Inc. and its subsidiaries (IRC) for the year ended September 30, 2022. This schedule includes federal awards passed through states and other agencies and is prepared on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administration Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of IRCs consolidated financial statements. De Minimis Rate Used: N Rate Explanation: In connection with its ongoing relationship with USAID and the regulatory provisions for its negotiated indirect cost rate agreement, IRC has been involved in finalizing provisional rates each year. Provisional rates provided by the government are charged to the grants and adjusted in the period after the final rate is determined. IRC applies its indirect cost rate negotiated with USAID (NICRA) to its Federally funded activities. IRC is the subrecipient of federal funds, which are reported as pass through funds on the schedule of expenditures of federal awards as the expense is incurred.