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I read in another thread. reproducing the comments here for balanced point of view. "If more than 20% of your funds goes to administrative expenses (office sup
by kcsomisetty 6y ago
I read in another thread. reproducing the comments here for balanced point of view.
"If more than 20% of your funds goes to administrative expenses (office supplies, stationary, tea/coffee, misc), you know there is something shady. Satyam computers, did the same thing, created fake employees, posted huge expenses under admin category for almost 5 years. Later it was found that they were laundering money for YSR from overseas, and went bust and was later acquired by TechMahindra for paisa on the rupee.
Amnesty india is probably in knee deep shit and exiting before anything comes to light."
- sct202 6y agoIn the US, <15% admin expense is considered good for a charity, and in the US admin expense also include rent, business services (accounting, legal, IT), and leadership costs (for a small org, the leader might be categorized as management but actually be providing services).