Voluntary health and welfare organizations (VHWO) must report their program expenses separate from their support expenses. In fact, the ratio of program expenses to total expenses is often used to

Voluntary health and welfare organizations (VHWO) must report their program expenses separate from their support expenses. In fact, the ratio of program expenses to total expenses is often used to assess a VHWO’s performance. Why is this distinction between program and support expenses so important?

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