|
I think the more relative argument here is, what percentage of the organizations donations are allocated towards administration costs. I believe that the breakdown is as follows
Organizational Efficiency
Program Expenses 91.8%
Administrative Expenses 4.4%
Fundraising Expenses 3.6%
Fundraising Efficiency $0.17 (cost to procure $1 in donations)
Statement for 2009
Income Statement (FYE 06/2009)
Revenue
Primary Revenue $3,209,258,570
Other Revenue $92,545,196
Total Revenue $3,301,803,766
Expenses
Program Expenses $3,143,144,037
Administrative Expenses $151,855,735
Fundraising Expenses $126,579,899
Total Functional Expenses $3,421,579,671
This is always my biggest concern when donating to charities. One of the reasons that I will always donate to the Salvation Army, one of the most efficient charities there is. Also, they are committed to helping out the local community, as we all know, charity starts at home.
__________________
Rich"at"rebel-ads.com
ICQ 644377336 or MSN ruralx"at"hotmail.com
|