NYCharities.org distributes donations to each charity on a monthly basis no matter the amount.
For example, a contribution made by a donor during the month of January will be sent to the designated charity by the 10th-12th of February (unless national holidays fall during the first week of the month).
Charity payments are made through electronic funds transfers.
To cover the credit card transaction fees charged by credit card companies, and minimal staff costs.
NYCharities.org deducts 3% from the total amount of contributions sent to the charities.
- NYCharities.org prepares annual financial statements in accordance with generally accepted accounting principles.
- NYCharities.org also files annual reports with the New York State Attorney General's Charities Bureau.
- A copy of our annual report may be obtained upon request from NYCharities.org or from the New York State Attorney General's Charities Bureau, Attn: FOIL Officer, 120 Broadway, New York, New York 10271.