How much of a donation to stjudeorg actually goes St Jude Hospital?
St. Jude Children's Research Hospital is a non-profit organization that relies on public support to fund its lifesaving mission of finding cures for childhood cancer and other catastrophic diseases. The organization is committed to financial transparency and accountability, and consistently receives high ratings from independent charity watchdog organizations.
According to St. Jude's latest financial report, for the fiscal year ending June 2021, the organization raised a total of $1.95 billion in donations and other revenue. Of that amount, $1.57 billion was spent on program expenses, including research, treatment, and patient care. This means that approximately 80 cents of every dollar donated to St. Jude goes directly to supporting its mission.
St. Jude's administrative and fundraising costs are relatively low compared to other non-profit organizations. In fiscal year 2021, the organization spent 11.5% of its total expenses on administrative costs and 8.5% on fundraising costs. This is significantly lower than the industry average for non-profits, which is typically around 20% for administrative costs and 10% for fundraising costs.
St. Jude's commitment to financial transparency has earned it consistently high ratings from independent charity watchdog organizations. For example, Charity Navigator, a leading non-profit rating organization, has given St. Jude a four-star rating (out of four stars) for its financial health and transparency.
Overall, St. Jude Children's Research Hospital is a highly respected and transparent non-profit organization that efficiently uses its donations to fund its mission of finding cures for childhood cancer and other catastrophic diseases. When you donate to St. Jude, you can be confident that your money will be used wisely and effectively to make a difference in the lives of children facing life-threatening illnesses.
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