The Hard-earned Money You Donate to Charities- How Much Really Goes Towards Their Actual Mission?
Part One In A Series of Articles on a Timely and Pertinent Subject:
With the economic crunch in full swing and little relief in sight, we’ve had to reset our priorities as to how much we can still afford to give to our favorite charities. In the Sarasota County area there are 342 legitimate charities, and that’s just Sarasota. In Manatee County there are 290+ public charities and probably more since “Charity Navigator” last surveyed the totals. My friend likes to remind me that Sarasota/Manatee Counties have a charity for every cause, and the lifestyle of being involved, even a little, demands that you dig deep and give donations.
I do believe the right to know how much money goes to staff and expenses should be a part of public record. Some non-profits have quite a bit of overhead. www.charitynavigator.com offers up the idea that if the charity is spending more than 33.3% of their total budget on overhead, that organization is not meeting its mission.