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TheWraith

(24,331 posts)
9. Not quite.
Fri Feb 3, 2012, 04:08 AM
Feb 2012

Charities ARE required by law to dedicate a minimum amount of the money they take in to actual charitable action as opposed to overhead, however the required minimum percentage is only about 20% I believe. What charitable groups actually use for their own operations varies--for instance, the Red Cross uses less than 10% of their income for administrative costs and salaries, whereas the March of Dimes uses almost 25%. Anything over 40% is generally considered to be either very poor management or extreme dishonesty.

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