how much does the red cross actually donate

How much does Red Cross actually donate? The Red Cross is proud that an average of 90 cents of every dollar we spend is invested in delivering care and comfort to those in need. Each year, the generous support of donors like you enables our disaster workforce— 90% volunteers—to help millions of people in the U.S.

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What percentage does the Red Cross keep from their donations?

$1,740.7 million Collects more than 4.6 million blood donations and nearly 1 million platelet donations to help people who face serious injuries, surgeries, child birth, anemia, blood disorders, cancer treatments, and more $667.4 million

Did the Red Cross ever pay donors money for blood?

Jul 13, 2020 · Most of that money, about $1.74 billion, went to what the Red Cross labeled "biomedical services." That’s the part of the charity that collects donated blood and sells it to hospitals and health ...

How much donation money does Red Cross give?

Sep 02, 2017 · It found it costs the Red Cross $30 to raise $100. Charity Watch said they consider a charity to be highly efficient when it spends 75% …

Is the Red Cross a good charity?

Sep 02, 2017 · It found it costs the Red Cross $30 to raise $100. Charity Watch said they consider a charity to be highly efficient when it spends 75% …

How much money does the Red Cross spend on programs?

The most recent data for the Red Cross comes from its fiscal year ending June 30, 2019. It reported spending 88% (about $2.7 billion) of its $3 billion budget on “program services.”. Most of that money, about $1.74 billion, went to what the Red Cross labeled "biomedical services.". That’s the part of the charity that collects donated blood ...

How much does the Red Cross pay its CEO?

The claim: American Red Cross pays its CEO nearly $652,000 while spending $0.09 of every dollar it collects on “people in need.”.

How much money did McGovern receive in 2019?

Those funds amounted to about $103 million, according to the 2019 financial statements. The American Red Cross also states on its website that “no portion of the compensation paid to McGovern comes from contributions by the public to help people affected by disasters.”.

Who is the CEO of the Red Cross?

It goes on to state her alleged salary and explain how the nonprofit spends its money. This is not true. Evans left the nonprofit in 2005. Gail McGovern is the Red Cross’ current CEO. She’s led the nonprofit since 2008. Her annual salary in 2018 was $694,000. USA TODAY has reached out to Totman for comment.

Is blood sold to cover costs?

Selling donated blood is a standard practice, according to a Slate article called "The Business of Blood.". Most charities that collect blood will sell it to cover some of their costs. The group’s financial statements show more than half the biomedical dollars ($921 million) went to employee wages and benefits.

Is 9 cents a good score for charity?

A charity that spent 9 cents of every dollar raised on its programs wouldn’t get a good score, Charity Navigator spokesman Kevin Scally said. The nonprofit is working on a new grading system that would automatically fail charities that dropped below 50 cents on the dollar.