Remembering The Ghosts of Charities Past This Halloween – Charity Watch

Remembering The Ghosts of Charities Past This Halloween  Charity Watch

Read about Remembering The Ghosts of Charities Past This Halloween CharityWatch sounded the alarm about many of these charities long before they closed their doors, warning donors about excessive fundraising costs, questionable financial practices, and other serious concerns. In some cases, CharityWatch assigned failing grades even as other charity rating organizations gave the same charities favorable ratings. Their eventual demise underscores why charity ratings are not all created equal, and why independent, in-depth financial analysis matters. The following charities received failing ratings from CharityWatch and have since dissolved, ceased operations, or stopped fundraising. Some were shut down following government investigations or legal action, while others closed amid negative publicity, financial difficulties, or declining donations.

These organizations solicited contributions for causes ranging from cancer research and children’s health to veterans assistance and emergency responders. Many had names that sounded reassuringly charitable, but their financial practices told a different story. All charities listed above received F ratings from CharityWatch during their operating histories. The circumstances and timing of their closures vary. See the Analysts’ Notes section of each charity’s profile for more specific information. Alternative fundraising names are included where applicable. Many of the charities on this list raised money for causes that resonate deeply with donors. Who wouldn’t want to help a child battling cancer, a wounded veteran, or a family