10 Charities Routinely in the Red
Outspending your means can set a dangerous precedent. These 10 charities have run deficits in each of their last 3 fiscal years, establishing a pattern of overspending. They are ranked by the ratio of their average deficit to their average total expenses. This ratio conveys how significant the deficit is for each charity.
| Rank | Charity | Ratio | |
|---|---|---|---|
| 1 | Palm Beach Opera | -52.0% | |
| 2 | Americans for the Arts | -49.9% | |
| 3 | The Pound Civil Justice Institute | -49.1% | |
| 4 | Greenville Humane Society | -47.9% | |
| 5 | Center for Jewish History | -42.8% | |
| 6 | The Omaha Home for Boys | -40.8% | |
| 7 | American Institute for Economic Research | -40.6% | |
| 8 | Southern Center for International Studies | -39.5% | |
| 9 | Hale House | -37.4% | |
| 10 | Harvard Magazine | -35.0% |
