Study: Operating Charity Investment Returns Rise to an Average of 15.1 Percent in Fiscal Year 2013

Additional information about operating charity investment performance, asset allocation, governance and related topics follows.

Returns

Cultural organizations' returns averaged 15.1 percent, religious institutions averaged 15.3percent and social service organizations averaged 14.8 percent. As previously noted, when data are viewed by size of organization, charities with assets under $101 million returned an average of 16.5 percent; organizations with assets between $101 and $500 million returned 15.1 percent; and organizations with assets over $500 million secured a return of 13.4 percent.