![]() Money is already flowing into organizations with the goal of helping the vicitms of the earthquake in Haiti. ![]() "The best thing to do, but not what anyone really wants to do, is treat giving the way that an investor would treat investing and actually look at financial reports, look at the publicly available tax returns that are on the CRA site," Charters said. "They are available for every single charity." Owen Charters, executive director and CEO of, says people should calculate the rest of a charity's numbers themselves to get a fuller picture of its activities. File the annual registered charity information return, maintain adequate books and records and make them available for audit upon request.Ĭ, a charitable organization that sets up online donation applications and provides the public with a list of charities registered with the Canada Revenue Agency, cautions that this raw number isn't the only figure people should use to evaluate a charity.Not use any part of its income for the personal benefit of its members, shareholders or managers.Devote all of its resources to charitable activities, involving one or more of the following categories: the relief of poverty, advancement of education, advancement of religion, or other purposes that benefit the community in a way the courts have said is charitable.To qualify, an organization must be Canadian and meet several requirements apart from the Income Tax Act. More than 80,000 chariaties are registered with the Canada Revenue Agency. On average, 88 cents of every dollar donated to The Salvation Army is used directly in charitable activities - exceeding the Canada Revenue Agency's guideline of 80 per cent "donation efficiency."Ĭanada Revenue Agency guidelines for charities World Vision's 2008 annual report, for example, says 82.1 per cent of its revenue supports programs that combat poverty and help children and communities in need 11.9 per cent is allocated for fundraising and six per cent for administration costs. Different organizations have different levels of overhead. "One hundred per cent of all donations go to support earthquake victims in Haiti," Yele's official website said Monday morning.Īt issue is the percentage of donations that goes toward administration costs. The website said last week that some donations to the Yele Haiti Foundation, founded by Haitian-born singer Wyclef Jean, went to Jean's own projects, an allegation he strongly denied over the weekend and again on Monday. The organization says none of its funding is diverted from the people who need it. ((Ricardo Arduengo/Associated Press))As global fundraising efforts for victims of the earthquake in Haiti gain momentum, some people are asking how much of the money collected will end up in the hands of those in need. A nurse feeds an injured baby at the Israeli Field Hospital in Port-au-Prince on Monday.
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