March 04, 2015

Telemarketers Get Half of What They Raise for N.Y. Charities

A review by New York state’s attorney general found that more than half of the money raised by telemarketers on behalf of charities in the state goes to the solicitation firms, The Post-Standard of Syracuse reports. For-profit fundraisers collected $302 million from state residents in 2013, of which $146 million—about 48 percent—went to the companies’ nonprofit clients, according to the state’s Pennies for Charity report, issued Wednesday.

That share represents an improvement from 2012, when charities received just 37 percent of donations raised by telemarketers. Organizations in central New York fared worst among the state’s regions in 2013, keeping 39.6 percent of professionally raised gifts. Data for the annual review are compiled from reports telemarketing companies file with Attorney General Eric Schneiderman’s office.