WESTPORT, Conn.--(BUSINESS WIRE)--Save the Children is ranked as a top U.S. charity when it comes to spending dollars efficiently, according to Forbes’ recently released “Top 200 Largest U.S. Charities” for 2011. The Forbes charity list aims to measure a nonprofit’s level of fundraising efficiency based on private donations for a given year, as well as its charitable commitment.
“We are really pleased once again to make Forbes’ list of top charities,” said Carolyn Miles, president & CEO of Save the Children. “As families look to donate to causes this holiday season, guides like the Forbes’ list help them make informed decisions.”
Save the Children also is recognized as one of the best charities in the U.S. by Charity Navigator. Earlier this year, Charity Navigator gave Save the Children a four star rating – its highest - for the 10th year in a row. The independent organization annually reviews more than 5,500 U.S. charities for financial efficiency, accountability and transparency.
One of the key measures in both the Forbes’ “Top 200 Largest U.S. Charities” list and Charity Navigator rankings is the total amount of expenses a charity uses to support the cause. In 2010, Save the Children directed 90 percent of its overall expenses to programs benefiting children and kept the private cost to raise a dollar below 10 cents, one of the best ratios among nonprofit organizations.
“Whether someone texts $10 to the East Africa food crisis or gives $1,000 to improve kids’ reading skills in Appalachia, Americans want to make sure their donated dollars do the most good,” said Miles. “That’s why Save the Children remains committed to directing the greatest amount of donations possible to delivering programs for children here in the U.S. and overseas.”