VAST MAJORITY OF LARGE NON-PROFITS SPEND MOST OF THEIR REVENUE ON PROGRAMS
By Thomas Peele
Be it generous hearts or the desire to avoid taxes, Californians traditionally increase their giving to charities and non-profit organizations in December, tossing spare change into a kettle or writing checks to favorite causes.
But with the holiday-season altruism comes cautionary advice from those who monitor charity: Give, they say, but give wisely. Impulse donating is a lot like impulse buying -- one can awake the morning after with remorse over a hasty decision."