Site Targets Best, Worst Performing Breast Cancer Charities

According to Charity Navigator, an online source for nonprofit information, each October — Breast Cancer Awareness Month — public health advocates work to raise awareness of this disease. It also serves as an opportunity to pay tribute to all those who have battled breast cancer.

As a result, many are inspired to give from their hearts to a breast cancer charity. But how many potential donors stop to examine those pink ribbon charities soliciting their support?

Charity Navigator has reviewed the financial health of 21 of the largest breast cancer charities in America. Although these charities have been very successful at generating support, together raising more than $1 billion annually in contributions, the disparity in their financial health is enormous.

According to Charity Navigator’s latest report, several of these charities efficiently utilize donations to pursue their mission of curing and preventing breast cancer. Others, however, may astound donors with their inefficient operations.

For example, one charity spends just three percent of its budget on administrative expenses, while another spends more than 25 percent. Several groups spend at least 80 percent of their budgets on programs and services, while one spends less than 50 percent.

And while the typical CEO receives $145,000 in annual compensation, a one-star charity on this list pays its CEO more than $600,000.

For a full disclosure on these leading breast cancer charities, go to www.charitynavigator.org and click the link under “Hot Topics.” Then, click on the links to the right to learn more about the leading breast cancer charities soliciting donor support.