Giving you can trust: 90 percent of your gift goes directly to housing families
(Photo: “Gracias!” New Fuller Center homeowner partners at our 90-home community in Ahuachapán, El Salvador, are grateful for your hand-up to a better life.)
Nearly everyone who contributes their hard-earned money to charity wants to know that their gifts make a difference for the cause about which they care deeply — and not for lavish offices, high salaries and unnecessary frills.
The latest independent financial audit of The Fuller Center for Housing for the fiscal year that ended June 30, 2017, shows that 90 percent of revenues go directly to program work in the field — namely the building and repairing of homes across the United States and in 20 countries around the world. Less than 10 percent of gifts fund overhead expenses.
“We here at The Fuller Center are happy that 90 percent of our funds last year went to program and only 10 percent went to administrative expense,” Fuller Center President David Snell said. “There are a number of reasons for that — we were blessed with some exceptionally generous donors on one hand and we maintain a lean operation here in Americus, Georgia, on the other. We pay modest salaries, work out of a simple headquarters building that we own, and we watch every penny.”
The benchmark standard is for nonprofits to spend less than 33.3 percent of donations on overhead and administration expenses and to use at least 66.6 percent for program activities that directly impact the cause or issue they address. Of course, those percentages must be evaluated with many factors in mind — including the type of work done, the size of the nonprofit and the amount of gifts the nonprofit receives, but a charity that spends less than 66.6 percent on programs should rightfully be subject to questions from supporters and potential donors.
The Fuller Center for Housing is a lean, grass-roots, Christian affordable housing ministry that has received the highest-level Platinum rating for transparency from charity watchdog GuideStar and meets all 20 standards as a member of the Better Business Bureau’s Wise Giving Alliance.
President Snell said that, ultimately, effectiveness is not measured so much in ratios and dollars as it is in families who receive a helping hand-up into simple, decent homes. Two years ago, The Fuller Center saw record numbers of families housed. That record was short-lived as The Fuller Center exceeded those numbers in the past fiscal year. To date, more than 4,140 families have partnered with The Fuller Center to build new homes or repair existing ones — and The Fuller Center is poised for yet another record building year ahead.
“It’s important to point out that while a healthy program ratio is a good thing, the real measure of our work is in the quality of the product that we deliver — new and restored houses for families in need,” Snell said. “Maintaining that quality requires adequate support from headquarters. We’re fortunate to have a good group of highly motivated folks here who work overtime to make sure that the mission moves forward.”
He added that even though administrative costs are kept to a minimum, there always will be some overhead required to maintain and grow the affordable housing ministry.
“While I’m proud of our positive ratios, I’m not at all embarrassed that we have administrative expense and I’m truly grateful to those donors who give to help cover it,” Snell said. “The way I see it, as long as we’re doing our part to keep expenses in line then everything we do is program. Our success in the field comes in large measure from the tools and services that we provide.
“Special thanks are due to all of the donors and volunteers who gave so generously of their resources and time to reach out to the poor among us and dramatically improve their lives.”
VIDEO: President David Snell — “Every house is a sermon of God’s love”:
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