The program expense ratio is calculated as Program service expenses / Total expenses.

Name: The program expense ratio is calculated as Program service expenses / Total expenses.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The program expense ratio is calculated as program service expenses divided by total expenses and provides an indication of the extent to which a not-for-profit is dedicating its resources to programs as opposed to administration, fund-raising and membership development.

The Program Expense Ratio Is Calculated as Program Service Expenses