Not all charities are good.
With over 1.5 million nonprofits nationwide, keeping a careful watch on each one is nearly impossible. As two recent major scandals remind us, some charities are allowed to reap the benefits of non-profit status while failing to put their charitable work above their own self-interests.
One frightening example of this abuse came to light this May when 4 cancer charities, including the Children’s Cancer Fund of America, were exposed for spending a mere 3% of their nearly $200 million donation dollars on the patients they set out to benefit. Most of the money was spent on personal expenses for the employees of the charity: from couples cruises to college tuition.