Give a Gift Today
It's our birthday month!  When we began, we set out to solve a problem: how can donors know that their generosity is spent wisely?  Simply put, we were founded so that donors, like you, can give from the heart, with the peace of mind that comes from knowing that we’ve done the due diligence for you. Celebrate generosity with a gift to Charity Navigator today.
Support Charity Navigator:
Sign in or Register   |    0 Donation(s), $0.00 total

10 Charities in Deep Financial Trouble

 
 

If an organization owes more than it owns, that's a bad sign. If the bills it owes by the end of the year are more than it can pay, that's an even worse sign. These 10 charities are insolvent. Not only do their total liabilities, or what they owe, exceed their total assets, they also maintain negative working capital -- that is, the bills they owe exceed available assets that can be used to pay those bills. While these charities may not be facing bankruptcy, their fundamental insolvency puts these charities in a very dangerous position.

Rank Charity Working Capital
1 Seattle Symphony $-12,800,355
2 Childhelp $-6,087,392
3 Ballet San Jose $-4,702,794
4 Child Welfare League of America $-3,994,281
5 A Contemporary Theatre $-3,488,569
6 American Friends of Rabbinical College of Telzstone $-2,569,919
7 Virginia Symphony Orchestra $-2,543,243
8 Heart Center of America $-2,376,386
9 CEC/Seabee Historical Foundation $-2,154,856
10 Donna Klein Jewish Academy $-1,663,786

Join Our Mailing List

Join over 230,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.

AWARDS TIME Forbes
STRATEGIC PARTNERS Managed Cloud Hosting from INetU 3Scale IdeaScale QuestionPro
Help & Support