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6 of the World's Most Efficient Charities

 Over the years, many scandals related to mismanagement of charitable funds have erupted around the world. As a result, people have become guarded when it comes to doing their part for charity due to concerns that their philanthropic efforts will be squandered or misused. If you're feeling charitable, yet are confused about who to give to, I've put together a list of six of the best charities in the world in terms of their efficiency and how much of the money they raise actually goes towards a good cause. I hope it will help you to make an informed decision before choosing to donate your hard-earned funds: 
 
Animal Welfare: Animal Welfare Institute
charities

Location: Washington D.C., USA

Total Annual Expenses: $3.1 million

Percentage of Budget Spent on Programs: 92

Cost to Raise $100: $2

Rating: A+

The Animal Welfare Institute was founded in 1951, and has sought to alleviate the suffering inflicted upon animals by human beings ever since. In its earlier years, the organization was primarily concerned with animals used for experimental purposes, however its main focus has now shifted to alleviating cruelty in factories used to raise and slaughter cows, pigs and chickens, among other animals.

Cancer: Cancer Research Institute
charities

Location:  New York, NY, USA

Total Annual Expenses: $31 million

Percentage of Budget Spent on Programs: 87

Cost to Raise $100: $7

Rating: A

The Cancer Research Institute is the world’s leading cancer charity. Founded in 1953 with the aim of developing immunologically-based treatments for cancer, the institute is actually a funding body for cancer research, as opposed to conducting research itself. It offers research grants to students, postdoctoral fellows and investigators at medical research institutions around the globe.

Child Assistance, Protection and Sponsorship: Children Incorporated
charities

Location: North Chesterfield, VA, USA

Total Annual Expenses: $4.2 million

Percentage of Budget Spent on Programs: 87

Cost to Raise $100: $6

Rating: A

Many children around the world suffer due to poverty, and Children Incorporated has a mission to alleviate this hardship by partnering with schools, orphanages and childcare centers. Furthermore, the organization also facilitates child sponsorships, manages special programs and maintains special funds for when emergency needs arise. The charity was founded in 1964 by Jeanne Clarke Wood, who was moved by the suffering and deprivation of children on a visit to Guatemala.

 
Human and Civil Rights: Human Rights Watch
charities

Location: New York, NY, USA

Total Annual Expenses: $73 million

Percentage of Budget Spent on Programs: 77

Cost to Raise $100: $19

Rating: A-

Human Rights Watch is a global, non-profit and non-governmental human rights organization that employs roughly 400 people around the globe. It was founded in 1978, and has been a fixture on the global human rights scene ever since. It is particularly well-known for its accurate fact-finding, impartial reporting, effective use of media and targeted advocacy. It publishes human rights reports in 90 countries.

Environment: Earthjustice
charities

Location: San Francisco, CA, USA

Total Annual Expenses: $43 million

Percentage of Budget Spent on Programs: 81

Cost to Raise $100: $12

Rating:  A

Earthjustice started out life in 1971 as the Sierra Club Legal Defense Fund, and changed its name to its current one back in 1997. It provides free legal representation to organizations such as the Sierra Club, World Wildlife Fund and the American Lung Association. It also does this on behalf of smaller state and community groups, such as the Friends of the Everglades. It helps out in this way in order to take on corporate interests that could do harm to both the environment and human health.

 

Health: Michael J. Fox Foundation for Parkinson’s Research
charities

Location: New York, NY, USA

Total Annual Expenses: $84 million

Percentage of Budget Spent on Programs: 89

Cost to Raise $100: $8

Rating: A

Founded in 2000 by Hollywood actor Michael J. Fox, a Parkinson’s disease sufferer himself, the foundation is dedicated to finding a cure for Parkinson’s through an aggressively-funded research agenda and to ensure the development of improved therapies for those who live with Parkinson’s today. It is the largest non-profit funder of Parkinson’s disease in the entire world. 

 

Content sources: Charitywatch, Consumer Reports

Cover image by Deposit Photos.

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