Jude Childrens Research Hospital. Treatments invented at St.
Think Before You Donate For Sure By Mickey Mellen Medium
The hospitaltreatment arm known as St.
What percentage of my donation goes to st jude. We figure financial efficiency ratios and judged St. How is your operating model different than other hospitals and charities. But the fact is that overheadthe percent of charity expenses that go to administrative costs versus program costsis a poor measure of a charitys performance.
Jude and around the world who benefit from our lifesaving work says. And no family ever receives a bill from St. As illustrated above 9 employees received total compensation of 55 million.
Our donors can trust that their giving has helped save the lives of thousands of children. Judes ALSACs sole purpose is to support the hospital. Overhead is a simple financial ratio that tells us nothing.
Jude Childrens Research Hospitalwhile 278 million 29 went to functional fundraising expenses which include salaries wages benefits mailings campaign expenses travel and more including 33 million to 8 key employees for program services management and fundraising. The 990 also reports ALSAC paid for companion travel and health or social club dues or initiation fees See Schedule J Part III for more information. Jude leaving 412 million 25 of revenue to be added to ALSACs fund balance which had 47.
The majority of St. Jude a good charity. Jude to be among the least efficient on the list due to a combination of overhead and not-low fundraising costs.
Jude have helped push the overall childhood cancer survival rate from 20 percent when we opened to more than 80 percent today. The remaining 206 million 26 came from government grants 74 million patient care 106 million and other contributionslicensing cafeteria etc 26 million. That the charity and we mean charity in the loosest possible sense only manages to find it in its heart to give 25 of its donations to support the families of cancer victims and fund cancer research its supposed raison detre is even worse.
Jude Childrens Research Hospital Inc. The most recent IRS Form 990s 2017 for the year ending June 30 2018 reveal ALSAC raised 1652 billion and spent 483 million 29 of revenue on functional expenses salaries office mailings campaigns etc and gave 757 million 46 of revenue to St. Jude is exempt from federal income taxes under Section 501 C 3 of the Internal Revenue Code.
They also received the highest. Jude have helped push the overall childhood cancer survival rate from 20 percent when we opened to more than 80 percent today. Over 90 of your donation will go directly to St.
To learn more click here. They raise funds and spend 29 cents of every dollar 551 of 19 on fundraising functional expenses and keep 21 cents 399 of 19 for their net fund balance leaving 50 cents 950 of 19 for the hospital. Perhaps more remarkable the hospital spends about 27 percent of its income on fundraising and administrative costs.
Approximately 75 of our budgeted costs are covered by public contributions. Jude not for the cost of treatment travel housing and food because we believe all a family should worry about is helping their child live. Of the 9 most highly compensated employees 6 67 are male while 3 33 are female.
Jude is able to come spend less than 333 percent benchmark is impressive. If you want to subsidize the flash lifestyle of Reynolds then go right ahead and donate. Of the 976 million collected by ALSAC 488 million 50 went to St.
Overall they do quite well with your donated dollars. How much of my donation will go to St. Your donation counts and will be used to provide breakthrough research and treatment of childhood cancer and other life-threatening diseases for patients like Brinley.
Therefore your gift is tax-deductible to the full extent provided by law. For every dollar you donate to this important nonprofit 9112 percent is directly given to these programs. Jude funding comes from generous donors like you.
Treatments invented at St. Only 12 percent of the money to operate the hospital comes from insurance recoveries. Seventy-eight percent of your donation goes to support the current and future treatment and research for children at St.
Considering this is a hospital with significant expenses the fact that St. The Hospital spent 685 million not including the non-cash expense of depreciation or 86 of the revenue received on functional expenses. What percentage of what I donate actually benefits the children.
