Problem
The objective of this exercise is to familiarize you with the key indicators and terms used by not-for-profit entities. Go to the Forbes list of the 200 largest U.S. Charities for the most recent year available.
Answer the following questions.
What criteria are used to rank the charities?
Explain the significance of these criteria in ranking the charities.
What are the implications for the nonprofit when donor dependency percent is low? How many charities in this Forbes list are below 50 percent in donor dependency?