A friend at work was in a really nasty car accident two weeks ago. A drunk driver going around sixty miles an hour in the wrong direction hit the car. My friend is lucky to be alive. They airlifted him to a hospital. It looks like he will evidently be OK, after a few months of recovery.
His family has been providing updates via CaringBridge.org. This is a nonprofit group. One of the things they do is to help people set up a temporary blog to share information as a patient progresses. The web site asks for donations. At lunch recently we got talking about CaringBridge and wondered how much money they receive and how it was spent.
One of the guys at the lunch whipped out his phone and went to Charity Navigator. This site provides easy access to financial information on non profit organizations.
Charity Navigator reports that last year CaringBridge brought in $7.37 million dollars. The CEO has a salary of $138,000. They spend about 80% of their money on "Program Services" and only 6.5% on fund raising. Charity Navigator says these are in a reasonable range. I dug around a bit and found the 2011 financial report.
The next time some "charity" asks you for money you might use Charity Navigator to see where the donations go.
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