Many people have their speculations about where charity money really goes. While charities received a staggering $ 410.02 billion in 2017, up from recent years, the number of people donating continues to plummet. In 2000, more than two-thirds of Americans donated to charity, while just 55.5% gave to charitable causes in 2014. Are organizations just making a profit of the good deed supposed to be done?
Stop blindly donating to a cause just because of the story or popularity of the charity. Do research and see where the money goes so you can really make an impact with your money.
In this article, we will analyze which organizations are the ones to trust for your moneys worth.
MOST TRUSTWORTHY CHARITIES
1. PetSmart Charities
Program Expenses: 94.8%
(Percent of the charity’s total expenses spent on the programs
and services it delivers)
From saving the lives of homeless pets and raising awareness of companion animal welfare issues through to adoption and spay/neuter initiatives.
Percentage of donations spent on services
- Total donations and grants: $55,607,997
- Spent on services and grants: $62,791,038
- Percentage of donations toward grants and services: 112.91 percent
Percentage of revenue spent on fundraising
- Total revenue: $72,760,647
- Fundraising expenses: $1,071,757
- Paid to professional fundraisers: $0.00
- Percentage of total revenue spent on fundraising: 1.47 percent
Administrative and overhead costs
- Overhead expenses: $1,264,004
- Property assets: $3,198,770
- Investment assets: $32,341,257
- Paid to officers/directors: $0.00
- Highest paid officer/director: N/A
- Percentage of total revenue spent on officers/directors salaries: 0 percent
2. International Children’s Fund
Program Expenses: 87.5%
Reaches needy communities and children across Africa with essential medicines, clean water, education, and food.
3. Direct Relief
Program Expenses: 100%
A nonprofit, nonpartisan organization with a stated mission to “improve the health and lives of people affected by poverty or emergency situations by mobilizing and providing essential medical resources needed for their care.”
Program Expenses: 97.87%
The leading nongovernmental organization delivering medicines, medical supplies and humanitarian aid around the world and across the United States.
5. Foodbank of Southern California
Program Expenses: 96.46%
The Foodbank of Southern California continues to be a major force in the fight against hunger, by providing basic sustenance and proper nutrition to the community’s hungry citizens
6. Environmental Defense Fund
Program Expenses: 91.06%
Environmental Defense Fund’s mission is to preserve the natural systems on which all life depends. What distinguishes EDF from others is the combination of what we protect and how we protect it. We work to solve the most critical environmental problems facing the planet, focusing on mitigating climate change, restoring the ocean’s bounty, protecting wildlife and their habitats, and safeguarding our health. Since these topics are intertwined, our solutions take a multidisciplinary approach. We work in concert with other organizations as well as with business, government and communities-and avoid duplicating work already being done effectively by others.
1. World Wildlife Fund
Program Expenses: 82.32%
Working in the field of the wilderness preservation, and the reduction of human impact on the environment.
1. Cancer Fund of America
Program Expenses: 74.2%
The American Cancer Society’s mission is to save lives, celebrate lives, and lead the fight for a world without cancer.
2. Children’s Wish Foundation International
Program Expenses: 43.9%
Children’s Wish Foundation International is dedicated to bringing joy to children with life-threatening illnesses around the world. We have created memorable experiences for children and families in more than 53 countries.
3. American Breast Cancer Foundation
Program Expenses: 48.9%
A charity dedicated to providing educational resources, access and financial assistance to aid in the early detection, treatment, and survival of breast cancer for underserved and uninsured individuals, regardless of age or gender.
4. Committee For Missing Children
Program Expenses: 8%
Since 1991, The Committee for Missing Children (CMC) and its photo partners have distributed over two billion images of missing children in elementary schools throughout the USA. Millions of images of approximately 1,500 children have bombarded our nations’ elementary schools and, through this method, we have assisted in the recovery of over 1,200 missing children.
To know if the charity you plan to support and donate to is legit and effective, then just look them up on charity navigator.
Charity Navigator is a major charity assessment organization that evaluates charitable organizations in the United States, operating as a free 501 organization that accepts no advertising or donations from the organizations it evaluates.
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