Most and least efficient of 200 big charities

Source: William P. Barrett, Forbes

Here’s our big suggestion to those brimming with holiday charitable spirit: Treat any would-be donation like you would an investment. After all, as a supporter, you become a stakeholder. Do your research and learn all you can.

Toward that goal, we present here our annual list of the country’s 200 largest nonprofits--just a slice, albeit a very hefty one, of the more than 1 million nonprofits now operating in the U.S.

As might be expected from a business publication, we closely examine the financial efficiency of each organization. These numbers can tell you a lot, but are by no means the entire story; there are a lot of other factors to consider. So our list doesn’t relieve you from doing your own due diligence--although it can give you a start.

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