To provide as many My Stuff Bags as possible each year to children in need, we maximize funding by keeping administrative and fundraising costs low.
The Better Business Bureau’s Wise Giving Alliance recommends that a charity “spend at least 65% of its total expenses on program activities.” Per our annual Audited Financial Statements, over 90% of our expenses are directly allocated to the My Stuff Bags Program.
The BBB also recommends that fundraising expenses be no more than 35% of an organization’s budget – ours are only about 5% of overall expenditures. This leaves a little over 3% to cover administrative and general expenses.
A “lean” organization? For the sake of the children we serve, yes.
We are also proud to be listed as a “Best in America” charity as certified by Independent Charities of America.