Friday, June 01, 2007

Charlotte Observer | 06/01/2007 | Charities keeping costs low

Charlotte Observer | 06/01/2007 | Charities keeping costs low: "Charities keeping costs low
Study: Big local nonprofits run with less overhead than elsewhere
ERIC FRAZIER
efrazier@charlotteobserver.com

Charlotte's large charities spend less on administrative expenses than nonprofits in 30 other U.S. cities, according to a new study from a national charity-watchdog group.

Charity Navigator studied large nonprofits across the country, focusing on those that accept money from the public.

The 29 charities it studied in Charlotte had lower overhead costs than those of any other city."

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