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Old 01-21-2023, 06:30 AM
retiredguy123 retiredguy123 is offline
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Originally Posted by Ele201 View Post
I just went on Charity Navigator and in less than 30 seconds signage popped up, asking me to donate to Them!
Another website you can use is "Guidestar". They also rate charities. I read a lot of Form 990's which is the annual required IRS reporting form. The Form 990 rarely includes enough useful information to evaluate a charity, but it does tell you how much money they receive and how much they pay in compensation to those who manage the charity. The problem with 501c3 charities is that there are thousands of them and they are very easy to set up. And, the IRS doesn't care how inefficient a charity operates as long as they provide some assistance to the approved mission. So, a charity can raise millions of dollars, but only spend a few hundred dollars on their mission. Another problem is that when a charity becomes popular, hundreds of new charities are created with a similar name which many people mistake for the original charity.