Charities Performance Indicator
July 24, 2013
A major announcement was recently made in the charity world regarding a key indicator of a non-profit’s performance. Guidestar, Charity Navigator and Better Business Bureau’s Wise Giving Alliance are the three national organizations that set the leading criteria of a nonprofit’s performance: overhead ratio, the percent spent on administrative and fund raising costs. However, the three organizations just sent out a letter denouncing those criteria as a leading indicator. Steve Zabilski, Executive Director of St. Vincent de Paul and Ellen Solowey, Program Officer for the Virginia G. Piper Charitable Trust, will discuss the development.