HSUS drops to a 'D' on charity guide (Blog)‏
Sent: July 23, 2010 1:02:49 PM
Humane Watch (blog)
They Got A “D”
July 19, 2010
http://humanewatch.org/index.php/P7/ What a way for the Humane Society of the United States to start the week.
The American Institute of Philanthropy (AIP)—a highly respected
charity watchdog—just released its quarterly rankings for selected
charities all across America. HSUS and the Fund for Animals (which
became a part of HSUS in 2005) have both been downgraded to a letter
grade of “D.” (Even the kooks at PETA managed to skate by with a
C-plus.)
HSUS had been holding steady at “C-minus” for the last two
quarters—certainly nothing to brag about. But now AIP reports that
HSUS’s fundraising costs are as high as 49 percent, meaning it can
cost HSUS 49 cents to raise every dollar. That’s up from a high of 40
cents in AIP's previous rankings of HSUS.
HSUS’s spending on its actual programs (you know, what a charity is
supposed to do) now also bottoms out at 49 percent. In other words,
HSUS can spend less than half of its budget trying to actually help
animals. How embarrassing.
First Charity Navigator downgraded HSUS in April, and now AIP has put
HSUS near the bottom of its rankings. Looks like HSUS’s “factory
fundraising” practices are finally catching up with it.
But cheer up, HSUS employees. You still have that sweet pension plan.