4 ms·

1.3 mill for donation processing expenses? What tge heck? Well, I surely am not donating to them anymore, that is terrible.

• npsomaratna 7y ago
  Nope - 4.9 million. I'm wondering - do they mean stuff like credit card processing fees, etc?
  • lathiat 7y ago
    Most likely. It appears to be around 5% of this years budget. It’s typical to pay 2-3.6% in CC fees alone plus often a transaction fee of 10-30c which can add up on small $1-$5 donations (30c is 6% of $5 and much more of $1). They may have raised more or less than their annual budget this year plus I imagine probably spend some money on their email campaigns etc. So it doesn’t seem totally out of line.
• krastanov 7y ago
  Why is this surprising? Everyone who accepts credit cards has to deal with processing fees, fraud prevention, chargebacks, etc. And at a larger scale they need to deal with lawyers and contracts.
• deleted 7y ago
  [deleted]