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Originally Posted by rfuerst911sc
The basic idea of a charity is to provide some type of assistance to the needy . When many folks within a charity are pulling in 500K or more it sure gives the impression they have lost their way . And that can turn off a lot of potential donor's .
In a perfect world at least 90 percent of donations taken in would go to the needy ...,....... sadly it is not a perfect world ☹️
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Yeah I agree. Whats the cutoff, 85% or a hard 90%? Is that all that matters? I'm not trying to be difficult, just trying to point out there is a lot more to running a huge org like this. I give a fair amount (to me at least) to a things I think do good work and try. Short of DIY we have to make choices.
For the shriners, according to charity navigator:
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Financial Performance Metrics
Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers) 83.5%
Administrative Expenses 10.7%
Fundraising Expenses 5.6%
Fundraising Efficiency $0.14
Working Capital Ratio (years) 8.87
Program Expenses Growth 10.6%
Liabilities to Assets 10.3%
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0n total revenue, 2017, $838,298,361