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.
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 (~280 hours). This has an estimated opportunity cost of between $4,000 and $8,000.
Our major time costs were communications, networking, and operations. Communications involved making and giving presentations, writing blog posts, and working on building our email list. Networking involves attending events to meet like-minded people who become volunteers, donors, and supporters. Operations involves website building, budgeting, setting up time tracking systems, writing this report, and several other things.
Given that we are currently only using volunteers and unpaid employees our current financial cost is very low ($80 this month). Costs are mostly fees from going to events and website hosting costs.
We track many different outputs but generally prefer the ones that are more directly connected to doing good (e.g. dollars donated to effective charities is better than website traffic). We feel this month was less effective overall than last month. Two major factors that affected this were 1) that a sickness took out almost a full week each of work time from our two staff and 2) that our staff moved this month (largely to be closer to fundraising opportunities). Both of these took considerable time and energy and affected our work hours.
Below are the outputs we tracked:
1. Money moved to evidence based charities: $0 this month
3. Events: 3 attended, 2 hosted
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.