Thread: Worthwhile Charities "help"
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01-08-2015 06:10 AM #9
As you say, "Without taking things off topic and down the rabbit hole I'll respond:"
The Charity Watch writeup is confusing unless you read and understand the entire article, and then check their tables of efficiencies. Because they are not required to file the same paperwork as the "normal" non-profits (Salvation Army is classified as a "church") their numbers were communicated in their format, and your math doesn't wash. Their "expense" of $1.6B is actually their distribution to their programs, and being out of $2B collected that gives them an efficiency rating of 80% that year. More recent figures have the SA as high as 84%. They "...rank high on finance, but low on governance" (Charity Watch's words), which is policies. I have no idea what their efficiency rating is for NZ, and with that I am done. You can lead a horse to water.....Roger
Enjoy the little things in life, and you may look back one day and realize that they were really the BIG things.





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