The word "charities" does not cover everything. The actual Charity i.e. Oxfam or whatever, can deduct all legal expenses. These include Directors salaries, managers salaries, travelling expenses, advertising etc. It is in fact a "Business" and run as such with the added advantage over other businesses that the "charity shops" are exempt from council tax. So a high of around 14p in the pound would get through here. Fair to say that expenses are monitered closely by the Charities Commission.
There are also "fundraisers". These are people and organisations, again run as a business who raise funds for the charaties. A lot, but not all ,of these will be found shaking boxes in the street, or selling you little charity booklets. These are NOT contralled by the Charaties Commission. The tin shaker takes about 30% the upline managers take even more. Eventually about 5p in the £ goes to the charity—and that is subject of them taking there bit. So through fundraisers I guess about 1p in the £ gets to dig the well or whatever.
Far better you see some local charitable cause and make an annonymous donation to them. They used to call it Tythe. ie a tenth of what you earn.
February 25th, 2010 at 10:21 pm
It depends, but reputable ones shouldn’t take out more than 15%
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February 25th, 2010 at 11:03 pm
On an average the chosen charity will get 8p of the £ given, that’s why I refuse to give to charities. In the UK there is always a lord or a lady as president raking off around £150,000 per year just for being a figure head.
Keep hold of your money, it does little to help the charity.
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February 25th, 2010 at 11:26 pm
Every charity is different, you can check with the IRS or ask the charity to give you their disclosures. By law each and every charity that has 501 c 3 status to disclose this to anyone who requests it.
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February 25th, 2010 at 11:45 pm
I would depend on the charity. Some like the Salvation Army or Catholic Charities take less than 10% out of donations to pay for overhead costs. Others, like the American Red Cross, take a little more. There are some that take out 50 or 60% for overhead costs as well. You just need to look into who you are giving your money to and what they do with the money. Most of this information should be publically available if they are a large public not-for-profit organization (like the examples above).
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February 26th, 2010 at 12:23 am
The word "charities" does not cover everything. The actual Charity i.e. Oxfam or whatever, can deduct all legal expenses. These include Directors salaries, managers salaries, travelling expenses, advertising etc. It is in fact a "Business" and run as such with the added advantage over other businesses that the "charity shops" are exempt from council tax. So a high of around 14p in the pound would get through here. Fair to say that expenses are monitered closely by the Charities Commission.
There are also "fundraisers". These are people and organisations, again run as a business who raise funds for the charaties. A lot, but not all ,of these will be found shaking boxes in the street, or selling you little charity booklets. These are NOT contralled by the Charaties Commission. The tin shaker takes about 30% the upline managers take even more. Eventually about 5p in the £ goes to the charity—and that is subject of them taking there bit. So through fundraisers I guess about 1p in the £ gets to dig the well or whatever.
Far better you see some local charitable cause and make an annonymous donation to them. They used to call it Tythe. ie a tenth of what you earn.
References :