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March 4, 2016 6:33 pm at 6:33 pm
#1141386
M
Participant
If it is of interest, I just checked their 990 from 2014. According to what they told the IRS, they received $34,756,266 in contributions and grants. Salaries etc made up $2,455,991, and other expenses accounted for $14,604,409. Of the almost $35 million raised, $13,780,339 was disbursed. In short, 7 pennies of every dollar went to pay salaries, and another 42 cents was used to pay for office space, advertising, prizes, and other shtick. In the end, under 40 cents per dollar went to actually help people. The numbers were only slightly happier the year before. Is this really honest tzedakah?