Standard 9: Fund Raising Expense Ratio - Spending should be no more than 35% of related contributions on fund raising. Related contributions include donations, legacies, and other gifts received as a result of fund raising efforts.
Avenues to Independence does not meet this Standard because:
- According to its audited financial statements for the fiscal year ended June 30, 2011, the organization's fund raising costs were 37% ($315,969) of related contributions, which totaled $843,867.
A representative from the organization stated that this was partially due to a reduced number of available state grants.