Hacker News

2142 readers

165 users here now

A mirror of Hacker News' best submissions.

founded 1 year ago

MODERATORS

[email protected]

Some fundraisers pay >90% of the funds to themselves (www.propublica.org)

submitted 4 months ago by [email protected] to c/[email protected]

2 comments fedilink hide all child comments

HN Discussion

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 2 points 4 months ago

The article is not about that, the article is about essentially scam fundraisers, where 90% of the money goes to fundraisers and 10% covers administrative cost of the "charity".

Real charities are usually transparent about the percentage of money they dedicate to the started cause. They dedicate somewhere between 75% and 90% of the money they raise to the purpose they serve.

permalink
fedilink
source
parent