Donating to charity is a highly encouraged practice that is crucial in helping achieve the eradication of common social problems in society and helping the needy. Perhaps you are already ambitious and philanthropic enough to start giving to charity causes. To fulfill your ambitions, you need to find a suitable charity organization to donate to. But how do you find one from the hundreds that already exist? Here is an outline of four key things to evaluate when looking for a suitable charity organization.
What Are Your Ambitions?
You probably have your ambitions regarding the social vice you need to tackle among the many that already exist. In case your social goal is to tackle problems relating to hunger, homelessness, education, diseases, or even orphans, you can be sure to check for charity organizations that have a special focus on those areas. There exist multiple charity organizations that focus on tackling almost all social challenges in the world today.
Accountability In Spending
Another area that you may want to check out is how accountable the charity organization is when it comes to the utilization of donor funds. This depends upon the organization’s administrative management focus on putting the donated funds to good use. To validate this, you may check out the organization’s audited financial reports on previous budgets. You may also want to check with the organization’s Form 990 as filed with the IRS.
Organization’s Track Record
You should also endeavor to evaluate the organization’s track record of performance regarding the impact it has made in its area of focus. Checking out previous projects undertaken by the organization can give you an idea of how effective the institution is in its area of focus. You should target partnering with an organization that is results-oriented and which is actively making a meaningful change in people’s lives.
To further validate the organization’s credibility, you should focus on evaluating its internal administration and external reputation. In this regard, a good charity organization should have physical offices that are well-staffed and administered by strong leadership. The organization’s reputation should also be good. You may want to check out for its reviews, activities, and engagements across platforms such as social media.