what percentage of donations go to st jude

1 year ago 81
Nature

According to the St. Jude Childrens Research Hospital website, 82 cents of every dollar received goes to support the treatment, research, and future needs of St. Jude. This means that 82% of donations go towards helping patients and funding research. The remaining 18 cents of every dollar is divided between fundraising efforts (13 cents) and administration costs (5 cents) . It is important to note that St. Jude is a nonprofit charity operating since 1962 and is exempt from federal income taxes under Section 501(C)(3) of the Internal Revenue Code, so donations are tax-deductible. According to Charity Navigator, ALSAC/St. Jude Childrens Research Hospital has a four-out-of-four star rating for their overall score and rating.