Some people were talking about this charity at work and I did some searching. Here are the tax returns for 2007. I'm not the best at reading these things but from what I can tell they either took in $10 million or $19 million and only gave out $879 thousand.
Out of $7 million in expenses they paid over a million for postage, a million for publications, $700k on wages too name just a few.
2007 Tax return
2008 seemed to be a bit better but not too much. Looks like they took in $8 million and gave out $1.3 million. The wasteful expenses seemed to be consistent.
2008 return
I have long been leery of charities. I prefer to donate time. I have helped on several habitat homes. The idea of giving cash to line someone elses pocket does not appeal to me. I am starting to wonder if most charities are like this.
Out of $7 million in expenses they paid over a million for postage, a million for publications, $700k on wages too name just a few.
2007 Tax return
2008 seemed to be a bit better but not too much. Looks like they took in $8 million and gave out $1.3 million. The wasteful expenses seemed to be consistent.
2008 return
I have long been leery of charities. I prefer to donate time. I have helped on several habitat homes. The idea of giving cash to line someone elses pocket does not appeal to me. I am starting to wonder if most charities are like this.