To make sure all registered charities are on the up-and-up, the Mississippi Secretary of State’s Office recently released its 2010 Charity Report that can be viewed online.
Each year, charities are required to file a report with the Secretary of State’s Office that shows how much of their revenue goes toward their stated purpose and how much goes to administrative and fundraising costs.
The report shows how much of donations go toward the charities stated purpose and how much goes toward expenses for non-charitable purposes, such as fundraising and administrative costs. (December 17, 2010, Page 1A)
Despite a down-turn in the economy, the United Way of Oxford and Lafayette County met and exceeded its $425,000 goal for its 2009 campaign, raising a total of $425,732 to be distributed to 16 of its partner agencies. (April 29, 2010, Page 1)