that's why you should always review their books through intermediaries like charity navigator...charities and non-profits are some of the biggest hustles worldwide...you would be surprised how many charities collect revenue, get exempt from taxes and then only spend less than 50% incoming on the actual programs...they spend most of the money collected on exorbitant "Mangement" and "admin" salaries for the founders and boards...the whole segment is rife with corruption.Majority goes to Humble themselves. Charity organisations should be able to make money, but I was pretty appalled that the charity get only a few percent. I customised my donation to skew it a bit better. It's a great idea and something I'm happy to support, but just wish it was a bit more clearly charitable.
Statistics: Posted by bermudagold — Tue Apr 23, 2024 2:15 am