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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums25 Of America's Worst Charities andTips on How to Avoid Getting Scammed..Daily Kos:
http://www.dailykos.com/story/2015/11/13/1449096/-25-of-America-s-worst-charities-plus-tips-on-how-to-avoid-getting-scammed?detail=email_________________________________________________________________________________________________________
By Leslie Salzillo
Friday Nov 13, 2015 10:19 AM CST
In 2014, Americans donated an estimated $350 billion to charities. A generous country we are, but how much of those funds actually benefit those in need? You might not want to know. There are good charities. There are bad charities. And there are the worst charities.
Americas worst charities have gained their titles by how much they raise in donations for their causeand how little of that money goes towards the same cause. As these deceptive organizations ask you for your financial support, many lie about where or to whom that money is alloted, sometimes paying themselves multiple salaries and consulting fees. One cancer charity paid the company president's son nearly $18 million over eight years, to solicit donations. The Tampa Bay Times reports:
Some nonprofits are little more than fronts for fundraising companies, which bankroll their startup costs, lock them into exclusive contracts at exorbitant rates and even drive the charities into debt.....
Name & money collected ..........................................amount used to collect money..... percent used to help people.....
1 Kids Wish Network $137.9 million.............................. $115.9 million................................... 2.5%
2 Cancer Fund of America $86.8 million.......................... $75.4 million................................... 1.0%
3 Childrens Wish Foundation International.. $92.7 ...........$61.2 million................................. 10.6%
4 Firefighters Charitable Foundation ..$62.8 million...........$53.8 million................................... 7.4%
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Here is a link to the Tampa Bay Times Story...this article contains 50 charities, but is 3 years old..
http://www.tampabay.com/topics/specials/worst-charities1.page
Note:...my addition : the names are very similar to legitimate charities that do not do this..
for the rest hit link above...It explains these numbers and much more..
different equation
(69 posts)What awful people that run these organizations.
Jarqui
(10,128 posts)Program Percentage : 89 %
Overhead : 11 %
Cost to Raise $100 : $ 3
Saw that when I was looking into their foundation. Can't criticize them for that
Got that link from Factcheck.org
http://www.factcheck.org/2015/06/where-does-clinton-foundation-money-go/
Stuart G
(38,439 posts)I have studied this for a while...most of the crooked ones spend 75 to 80 percent on fund raising, then give their officers another 10 to 12 percent,,and rarely give more than 10 percent to those they are supposed to be helping. By rarely it is often 5 per cent..it is about taking care of the owners and the companies that solicit the funds. That there are people in this business, (?) . who act this way... show the worst aspect of greed. Not that surprising, but what the hell?? When you are greedy, well.. anything goes, and we know that about large corporations and many small ones. So what is the big deal?. I guess for a while, I thought charities were not like that ...wrong again..yes, many are.