I agree. Also, they bitch because it's hard to measure performance directly. The best we can do is often look at the % of administration vs programs vs fund ra

I agree. Also, they bitch because it's hard to measure performance directly. The best we can do is often look at the % of administration vs programs vs fund raising. Even there you can have a lot of funky accounting. If you really want to get into it, we can look at the names & brochures of the individual programs. Going all out, we might news search the names of the programs to see what news references we come up with. We know that charities are inefficient. But we can't work out who or how. Charities don't have ROI or p/e. So we look at things like CEO salary.