Showing posts with label Personal Finance. Show all posts
Showing posts with label Personal Finance. Show all posts

Thursday, November 29, 2007

Rating the Charities

Trying to figure out what charities to support with your holiday / year-end philanthropy? Charity Navigator uses information reported by charities on Form 990s to rates hundred of American non-profits on organizational efficiency and capacity, among other things.

Here are a few of Gopher Girl’s favorite charities and how they rated (out of 4 stars):

  • Initiative Foundation: 4 Stars
  • Pancreatic Cancer Action Network: 4 Stars
  • Amherst College: 4 Stars
  • American Refugee Committee: 3 Stars
  • Minnesota Public Radio: 3 Stars
  • Lance Armstrong Foundation: 3 Stars
  • The Nature Conservancy: 3 Stars
  • Girl Scouts (National): 3 Stars
  • Carleton College: 3 Stars
  • American Cancer Society: 2 Stars
  • Minnesota Historical Society: 2 Stars
  • Public Radio International: 2 Stars
  • Rails to Trails Conservancy: 2 Stars
  • League of American Bicyclists: 1 Star
  • Emergency Foodshelf Network: 1 Star

Note: The standards they apply to food shelves seem particularly rigorous. Also, there are a lot of reasons that a charity may rank 1 or 2 stars, not just excessive fundraising expenses. For example, charities that report a decline in revenues are penalized. However, to me this may signal that (provided it’s a worthwhile organization) they have a greater need (See Morehouse College.)