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Reply to "Wounded Warrior Project under investigation "
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[quote=Anonymous][quote]Well according to the article the Disabled American Veterans Charitable Service Trust spends 96 percent of its budget on vets. I think most respected charities spend significantly more than 60% on their beneficiaries. I work in the industry. Most respected charities must spend a LOT on fundraising. 96% is extremely rare. It kills me. Nonprofits have to compete for attention, yet no one wants them to spend money to actually draw attention to themselves.[/quote] If you worked in the industry you would know: The DAV number is not completely true. Sure, the DAV CST (the c3 arm) may spend 96% on programs. But it's because Disabled American Veterans itself is a c4 organization that pays for the fundraising and administrative costs. Look for 990 forms for DAV 31-0263158 vs DAV CST 52-1521276[/quote]
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