When I’m checking out a charity, one of the first things I check is their annual report. I give to a couple on a regular basis. I’ve been blessed and I like to do what I can to help others. But I do want to know my money is going to an efficient charity.
Charities, at least in the US, are required to disclose how much of their monies go to their program, to fundraising, to ‘other’ (often administration). A little checking around can give you an idea if they put their money where their mouth is.
Some money is required for fundraising and for the full time employees. As much as some people might like to be able to do it for free, not many people are independently wealthy-so paychecks? A good thing. But I do like to see the places I give to focusing most of their moneys on their programs. Anything about 80% works well for me. But that is something each individual needs decide for him/herself.
Here are some that I think are beyond outstanding:
- World Vision
(86% of monies received go directly to their programs)
- Mercy Corpa
- Save the Children
(89% to programs)
- Compassion International
(83% to programs)
- Half the Sky
- Doctors without Borders
(looks like 86% according to the Charity Navigator)
If you have a certain charity in mind and you want to check them out, try the Charity Navigator, an independent group that evaluates charities.