Liberals Rally Around Bush
"Capt. JG" wrote in message
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Yes, they're all tax free, but it seems like there should be some limits
and stiffer requirements. Some of the charities only really give a small
percentage of what they bring in to the people they claim they're helping.
Yup. The United Way has distributed less than 10% of its collected funds in
some past years. They're doing somewhat better now, but they've had to cook
the books to make the program look more efficient.
My take: if a charity can't legitimately show that it distributes 70% of
its revenues, it should not be tax exempt.
Max
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