Financials

The "Overhead Myth"

The Better Business Bureau Wise Giving Alliance, GuideStar, and Charity Navigator recently sent a letter to Donors of America about the "Overhead Myth" saying, "The percent of charity expenses that go to administrative and fundraising costs--commonly referred to as "overhead"--is a poor measure of a charity's performance.  We ask you to pay attention to other factors of nonprofit performance: transparency, governance, leadership, and performance." See the full letter below.