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Monday, October 1, 2012

Billions In Revenue, Billions In Expenses

Today, we published 409 new ratings and we added 94 charities to our site. That brings our database up to nearly 5,800 charity ratings. Here’s a closer look at the data we've collected: 
Happy Girl Playing In Pile Of Leaves via BigStock

  • In their most recent fiscal year, these charities generated approximately $208 billion in total revenue. 
  • Of this $208 billion in total revenue, $188 billion came from the charities’ primary revenue sources. More than half of this primary revenue, some $101 billion, came from contributions from individuals, corporations, foundations, and government grants. Another $87 billion came from program service revenue, fees and contracts. 
  • These same organizations reported spending $199 billion. 
  • Roughly 87%, or $173 billion, of these expenses were reported as program expenses. Administration expenses accounted for 9%, or $18 billion, and fundraising expenses accounted for the final 4%, or $8 billion. 
  • The charities we evaluate reported total net assets equaling $474 billion.

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