Charities Run Amuck: Revenues, Expenses & Top Salaries

How Charities Fare: Forbes Charities Reports

So much for charity work, health care and vocations in the helping professions. Can anyone be worth these types of salaries? Perhaps we need to rethink where we contribute our charity dollars?

I consider anything over $250,000 to be excessive, no matter how big the organization or its operating budget. These are supposed to be charities. And no chief executive generates revenues or build assets by themselves... accountants, grant writers, development officers, and hundreds of volunteers make these organizations work.

Mayo Foundation
Revenues: $5,616M Expenses: $5,127M Surplus/Losses: $489M Assets: $3,033M
Chief Officer: Denis Cortese Top Salary: $752,969

YMCAs in the United States
Revenues: $4,832M Expenses: $4,468M Surplus/Losses: $363 Assets: NA
Chief Officer: Kenneth Gladish Top Salary: $347,760

United Way
Revenues: $3,844M Expenses: $3,844M Surplus/Losses: NA Assets: NA
Chief Officer: Brian Gallagher Top Salary: $629,950

Cleveland Clinic Foundation
Revenues: $3,620M Expenses: $3,346M Surplus/Losses: $274M Assets: $1,469M
Chief Officer: Floyd Loop Top Salary: $1,727,799

Catholic Charities USA
Revenues: $3,266M Expenses: $2,956M Surplus/Losses: $310M Assets: NA
Chief Officer: Larry Snyder Top Salary: $148,995

American National Red Cross
Revenues: $3,208M Expenses: $3,173M Surplus/Losses $34M Assets: $2,201M
Chief Officer: Marsha Evans Top Salary: $468,599

Salvation Army
Revenues: $3,104M Expenses: $2,585M Surplus/Losses: $482M Assets: $6,818M
Chief Officer: W. Todd Bassett Top Salary: $175,050

Goodwill Industries International
Revenues: $2,390M Expenses: $2,297M Surplus/Losses: $85M Assets: $1,387M
Chief Officer: George Kessinger Top Salary: $298,025

New York-Presbyterian Hospital
Revenues: $2,387M Expenses: $2,168M Surplus/Losses: $219M Assets: $1,576M
Chief Officer: Herbert Pardes Top Salary: $1,973,303

The Arc of the United States
Revenues: $2,211M Expenses: $2,149M Surplus/Losses: $62M Assets: $714M
Chief Officer: Sue Swenson Top Salary: $278,614

Mount Sinai Hospital
Revenues: $1,750M Expenses: $1,839M Surplus/Losses: -$89M Assets: $765M
Chief Officer: Kenneth Davis Top Salary: $2,205,000

Memorial Sloan-Kettering Cancer Center
Revenues: $1,686M Expenses: $1,464M Surplus/Losses: $222M Assets: $2,985M
Chief Officer: Harold Varmus Top Salary: $2,120,585

Cedars-Sinai Medical Center
Revenues: $1,345M Expenses: $1,286M Surplus/Losses: $59M Assets: $826M
Chief Officer: Thomas Priselac Top Salary: $1,505,370

Feed the Children
Revenues: $961M Expenses: $919M Surplus/Losses: $43M Assets: $141M
Chief Officer: Larry Jones Top Salary: $155,786

Shriners Hospitals for Children
Revenues: $947M Expenses: $536M Surplus/Losses: $412M Assets: $8,621M
Chief Officer: Ralph Semb Top Salary: $406,759

American Cancer Society
Revenues: $926M Expenses: $822M Surplus/Losses: $115M Assets: $1,233M
Chief Officer: John Seffrin Top Salary: $902,009

Habitat for Humanity International
Revenues: $886M Expenses: $781M Surplus/Losses: $105M Assets: $1,217M
Chief Officer: Jon Reckford Top Salary: $187,676

Planned Parenthood Federation of America
Revenues: $877M Expenses: $806M Surplus/Losses: $70M Assets: $796M
Chief Officer: Karen Pearl Top Salary: $454,000

Easter Seals
Revenues: $814M Expenses: $786M Surplus/Losses: $28M Assets: $449M
Chief Officer: James Williams Top Salary: $468,396

St Jude Children's Research Hospital
Revenues: $538M Expenses: $428M Surplus/Losses: $110M Assets: $1,345M
Chief Officer: John Moses Top Salary: $528,971
Danny Thomas would be appalled!

The Forbes web site continues to cover the top 200 US-based charities. What really bothers me is that most of these "charities" make a concerted effort to keep the salaries of most of its workers as low as possible... often claiming that the budget restraints force them to do so...