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Pennies For Charity: How professional fundraisers make money off nonprofits

November 27, 2018
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A new report from Attorney General Barbara Underwood finds that one out of every three dollars given to charities go to professional fundraisers. The annual report examined 964 fundraising campaigns and the more than $1.18 billion they raised in 2017. Here are a few other takeaways, taken verbatim from a Nov. 26 press release.

  • In 313 campaigns, or approximately 32 percent of the campaigns covered in the report, fundraisers retained more than 50 percent of the funds raised, with 49 percent or less going to the charity.
  • Charities retained $812 million overall of the funds solicited from the campaigns; fundraisers retained $372 million.
  • In 156 campaigns (16 percent), fundraising expenses exceeded charitable revenue. In 2017, this loss to charities totaled more than $10 million.

Read the full report below:

Pennies for Charity 2018 by on Scribd

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