alt Hacker NewsVery misleading analysis, the 8% direct grant comes from adding universities, hospitals and non-charities that make up 85% of the denominator. If you account for this using their own numbers, you get about 50% overhead, not 92%
Very misleading analysis, the 8% direct grant comes from adding universities, hospitals and non-charities that make up 85% of the denominator. If you account for this using their own numbers, you get about 50% overhead, not 92%
Well, ok.
But this just goes to show that we need watching and monitoring infrastructure even for the organizations who claim to be watching and monitoring on our behalf. We have to know who's full of it, and who is acting in a more trustworthy fashion.
What you point out is a huge miss. There is little chance that it wasn't intentional. There should, at minimum, be an explanation presented as to why they did that?