People who give to charity may want to know how their donations are being spent. Organizations like Charity Navigator and the American Institute of Philanthropy look at how charities spend the money they receive. Their reports and ratings offer a measure of how effectively the charities use their money. For example, donors can learn how much a group spends on services, compared to how much it spends on itself in administrative costs.
Charity Navigator recently asked donors and charities to answer questions about year-end giving trends this year. More than five hundred donors and one hundred charities completed the questionnaire.
On average, these charities said they received forty-one percent of all their donations in the last few weeks of the year. Charity Navigator also asked donors about the kinds of charities they would likely support this holiday season. Human services rated at the top of the list. Arts, culture and humanities rated at the bottom.
And that's the VOA Special English Economics Report, written by George Grow. You can read and listen to our programs and find activities for English learners at voaspecialenglish.com. I'm Christopher Cruise.
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2013-11-25
2013-11-25
2013-11-25
2013-11-25
2013-11-25
2013-11-25