![]() ![]() I suspect that the first question most people searching Tab for a Cause would have is how much impact it has actually had in the world, so we'd love that to be included in these sorts of analyses. We can't overstate how humbled we are by our community and their dedication to this project. ![]() Tabbers have now raised over $1,000,000 for some amazing non-profits! Tab for a Cause started as a fun project to try to divert some of the billions of dollars in annual ad revenue towards some great charities. There are a few things I want to add to this analysis that can get lost in numbers and graphs. First, thanks OP for putting this together, our goal in publishing our financial information is that people can see exactly how we operate, and then decide if that is a company they want to support, you have clearly done that :) Hello! I am one of the co-founders of Tab for a Cause and happy to answer questions here. I thus wondered where that money went instead of giving more to charity? Some costs such as salaries should have a set cost per month, meaning that if there is a surplus of money, a bigger percentage could be given to charity. So were does the rest of the money go? On average according to their financial reports from 2018 onward: - Marketing: 15.1% - Servers & Software: 6% - Office Costs: 2.7% - Accounting: 3.4% - Reserves: 6% These spendings ensure proper functioning of TFAC and are therefore justified.Ī piece of criticism I had in my previous post and that I was still concerned with is why the 30% donated to charity is fixed. So no unreasonable salaries seem to be given to employees. Even with those added however, the employment costs are only around 1900$ a month per employee, still well below the Californian mean. However the employment costs for the employees at TFAC are surprisingly high, about 2/3 of the salary on average. This is very maigre compared to the mean 2,666$ salary in California, where TFAC is located. There are 7 employees currently working at Tab For A Cause (TFAC), which means they get an average salary of 1,177$ a month. The average amount per quartile spent on salaries from 2018 to 2020 is about 33,000$. The first thing we need to confirm is that only a necessary amount of money is spent on salaries. So unless fraud happens with the financial reports, which is hopefully unlikely, you can keep using Tab For A Cause with no worries. The short answer is, yes, 30% of their income is given to charity and by looking at their financial reports from the past 3 years we can figure that their other spendings are justified, also no money seems to be disappearing. Today in search for redemption I've remade it, hopefully better. 2 years ago I made a very mediocre reddit post about the legitimacy of Tab For A Cause. ![]()
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