Outspending your means can set a dangerous precedent. <b>These 10 charities have run deficits in each of their last 3 fiscal years, establishing a pattern of overspending</b>. They are <b>ranked by the ratio of their average deficit to their average total expenses</b>. This ratio conveys how significant the deficit is for each charity.
Expect to hear about these 10 charities long into the future. They are growing dramatically. Over the past three years, these charities <b>have grown their primary sources of revenue by more than 35% each year</b>. Over that same period, they have expanded their programs and services by more than 35% each year. In addition, these <b>organizations also have enough money in the bank</b> to sustain a similar rate of growth for years to come.
If an organization owes more than it owns, that's a bad sign. If the bills it owes by the end of the year are more than it can pay, that's an even worse sign. <b>These 10 charities are insolvent.</b> Not only do their<b> total liabilities, or what they owe, exceed their total assets</b>, they also maintain negative working capital -- that is, the bills they owe exceed available assets that can be used to pay those bills. While these charities may not be facing bankruptcy, their fundamental insolvency puts these charities in a very dangerous position.
This special report, released on the one year anniversary of the earthquake in Haiti, commemorates the significant outpouring of generosity from donors across America and takes a closer look at how charities put donations to use.
On January 12th a 7.0 earthquake hit Haiti's capital, Port-Au-Prince and caused massive devastation to the city. The death toll is expected to be well in the thousands and a
Find out what Angelina Jolie, Bono, Lance Armstrong and Michael J. Fox have in common besides being famous.
As we commemorate the tenth anniversary of this tragedy, it is warranted that we take a look at the charities that established 9/11 funds and how they are performing today.
There are more than 1,000 charities competing for donations to continue their efforts to promote awareness and to cure breast cancer. How is a donor supposed to distinguish between them all?
The declining economy is taking a toll on many families who are finding it difficult or impossible to pay their bills and keep food on the table. Find out which charities offer programs to help those facing a financial crisis.
If you are compassionate about helping veterans, injured soldiers and their families, then consult our list of military-related charities before you write a check.
ARLINGTON, Texas (AP) — Facing Yu Darvish has been no problem for the Oakland Athletics. They have beaten the Texas Rangers' Japanese ace four times, more than any other team.
ENGLEWOOD, Colo. (AP) — Satellite TV operator Dish Network Corp. said Tuesday it would not submit a revised bid for Sprint, leaving the path open for the wireless carrier to accept what it already considers a superior offer from Japan's Softbank.
MIAMI (AP) — LeBron James led a title-saving charge, and now his crown will be on the line one more time in Game 7.
By Todd Benson SAO PAULO (Reuters) - President Dilma Rousseff on Tuesday sought to defuse a massive protest movement sweeping Brazil, acknowledging the need for better public services and more responsive governance as demonstrations continued in some cities around the country. Speaking the morning after more than 200,000 Brazilians marched in more than a half-dozen cities, Rousseff said her government remains committed to social change and is listening attentively to the many grievances expressed at the demonstrations. ...
WASHINGTON (AP) — Farm-state lawmakers are scrambling to win bipartisan support for a five-year, half-trillion-dollar farm bill on the House floor this week.
OMAHA, Neb. (AP) — Never has a team swinging metal bats produced so few runs through two College World Series games yet found itself in such an enviable position.
WASHINGTON (AP) — The U.S. foiled a plot to bomb the New York Stock Exchange because of the sweeping surveillance programs at the heart of a debate over national security and personal privacy, officials said Tuesday at a rare open hearing on intelligence led by lawmakers sympathetic to the spying.
5 stars. I've always been impressed with the dedication of the staff and volunteers at LFNC. They do an incredible job of educating and supporting individuals with this very severe and confusing disease, as well as helping families and friends understand and support those who have it. In addition, their advocacy work is truly admirable.
WASHINGTON (AP) — There's no guarantee that President Barack Obama's health care law will launch smoothly and on time, congressional investigators say in the first in-depth independent look at its progress.
5 stars. Being a representative for Icing Smiles could be the most fulfilling thing I've ever done with my life. Volunteering just a small amount of time to serve families with critically ill children warms my heart every day. The amazing situations that these children have to endure is amazing. The bravery that we see with the families is heroic. I couldnt ask to be a part of a better organiza...