Why You Should Avoid These Nonprofit Organizations

If you’re tallying up your charitable donations to claim as a tax deduction or following through on a New Year’s resolution to be more giving, make sure your money is being put to good use. Some nonprofits might not spend your money the way you’d expect or even like, so it’s important to do your homework before you give.

1. Kids Wish Network . . .

The organization has spent less than 3 cents on the dollar helping children, according to an in-depth report, America’s Worst Charities, conducted by the Center for Investigative Reporting and the Tampa Bay Times. The report examined nonprofits’ financial data over the last decade. It found that most of the money goes into the pockets of the charity’s operators and for-profit companies that are hired to solicit donations . . .

[2]. Children’s Charity Fund

[A] report stated that family members were paid more than three times the amount spent on sick children’s wishes and medical care ini 2011, and state regulators have been scrutinizing the charity since its formation, with the latest incident reportedly involving solicitation issues in several states. The Children’s Charity Fund’s latest financial statement shows a $23,500 deficit due to overspending on functional expenses. (Read more from “Why You Should Avoid These Nonprofit Organizations” HERE)

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