Tuesday, June 14, 2011

Donors - Is it OK for a charity to spend >90% on fundraising?

The Committee for Missing Children has a long track record of spending too much on fundraising. We’ve issued 6 different ratings (all 0-stars) for this charity and during that time it has spent as much as 91.8% on fundraising and never less than 84.5%. In comparison, most charities in our database spend 10% or less on fundraising thereby devoting upwards of 75% of their budgets to their charitable missions.

What does The Committee for Missing Children’s CEO have to say about its tremendous inefficiency when asked by WSB-TV reporter Aaron Diamant? "My conscience is clear." Watch the video to see all of the charity’s comments as well as commentary by Charity Navigator’s own President & CEO, Ken Berger.

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