“We monitor our progress closely using a variety of different metrics which we will publicly report on monthly. Additionally we plan on having an internal review of effectiveness every six months, and an external review done every year. This will help us both evaluate our impact and set new goals for the following year. For more information you can contact us and ask specific questions.”
This is our first monthly report under our new name, Charity Science. We summarize our monthly work into three categories: Costs, Outputs, and future improvements we aim to make.
The major costs of any organization are time and money. The breakdown of our use of time and money are shown below.
Our major cost in running Charity Science is the time our unpaid staff and volunteers are putting in (~343 hours). This has an estimated opportunity cost of between $4,000-$8,000.
As we are a new organization we spent significant time on both networking and operations. In future months we expect they will both take substantially less time. Networking time will likely go down substantially as the staff of Charity Science are moving to a more central location that will reduce travel time to the events. Major operations time was spent setting up the website, registering as a charity, and other one-time logistics that will not happen month to month.
We expect to see an increase in time spent on events as we are planning a large event in the near future. Next month we expect to spend more time on communications, which includes time spent giving presentations, and coordinating with volunteers. Time spent on emails was not filed exclusively under communications because we currently use an email based task management software which means a large amount of time spent on “emails” is actually a wide range of tasks.
We track a lot of different outputs but generally prefer the ones that are more directly connected to doing good (e.g. dollars donated to effective charities is better then website traffic).
Below are the outputs we tracked:
Money moved to evidence based charities: $1,080 this month
This is a blog that details our month to month organizational progress as well as the more technical ideas we have. The RSS feed is just for this content, not for normal blog content.