I would like a clarification of the numbers. Does this mean that 99.8% is used in fundraising and expenses, or does it mean that 44.8% is used in fundraising and administrative expenses - which is part of the 55% program expenses?
If the former, it is a completely fraudulent “charity” intended to pay administrative salaries. If the later, it is not being managed as well as it should, administratively heavy, but possibly still well intentioned.
To clarify:
44.8% goes to fundraising and administrative expenses.
Another, separate 55% goes to program expenses.
“Program expenses,” here, does NOT mean overhead. It means money spent on the various programs. HOWEVER, it is important to note that none (or very few) of these programs donates money directly to wounded warriors; it mostly goes to programs which are regarded by them as assisting wounded warriors. And this may include a lot of for-profit and high-overhead programs.
To put another way: Suppose we were talking about feeding Wounded Warriors. (And we are NOT) If you give $10, $4.48 would go to fundraising and administrative expenses. That leaves $5.50 to “feed” them. But what if “feeding” means taking them to a restaurant? (Again, I’m using a FICTIONAL example.) How much of the $5.50 goes to food, and how much goes to the restaurant’s profits, the restaurant’s expenses, the waitstaff and their tips, the taxis to the restaurant, etc.
The truth is that Wounded Warrior mostly buys a lot of expensive services for injured warriors. Are they worth the money? I’m not going to say injured warriors shouldn’t get those services! But given that half of the money comes straight off the top, I’ve gotta believe that there are better ways to help the lives of injured soldiers.