Orphanos is a registered tax-exempt 501c3 charitable organization. What this means is that donations given directly to us are tax-deductible. In return, we issue a receipt to the donor. The donor keeps the receipt as a record of their gift and uses it to document the amount claimed on their federal tax return as a charitable deduction.
For a public copy of our 990 tax returns please contact our finance department.
IMPACT BY THE NUMBERS
We don’t force donors or partners to pay an administrative fee on the transfer of funds. We even cover all credit cards fees and wire transfer fees for our partners to ensure they receive every penny of the givers donation. However, online donations and credit card donations typically have a processing fee of 3%. Since we are committing to covering this cost for our partner ministries, we ask the donors if they are willing and able to contribute an additional 3% to cover the fee. This additional gift is completely voluntary from the donor. If the donor chooses not to cover the fee, we must fund raise separately to cover our overhead expenses.
We ask donors not to reduce their gift to the missionary or ministry partner to cover credit card fees because we do not want to take away from what they already receiving.
How is “Fee-Free” possible?
Our home office missionaries in some way or another raise funds toward their salaries just like our international partners. Organizationally we host various fundraisers specifically for the overhead expenses. Check out our golf tournament website here.
Additionally many online donors opt to cover the 3% processing fee so that we don’t have to fundraise for that donation as well. Church Mission Committees have found that the “fee free” services we provide their missionaries are a better value than paying their own church staff to manage these responsibilities. Often these same committees will commit a portion of their budget to our overhead. This ranges from several hundred dollars a month to several thousand dollars a month.
We maintain membership in ECFA, CAFO, and CFC Children’s Charities. We also are Gold rated on Guidestar. Each year Orphanos voluntarily submits to and funds an outside audit firm to examine our books. Our financials are public record and available upon request. Consistently, our total overhead costs stay below 5%, and that includes our fundraising efforts.
Orphanos is a registered tax-exempt 501c3 charitable organization. This means donations given directly to us are tax-deductible. In return, we issue a receipt to the donor. The donor keeps the receipt as a record of their gift and uses it to document the amount claimed on their federal tax return as a charitable deduction.