GLEN ROCK, N.J., June 1, 2010 – Even in the recession, millions of Americans will donate more than $300 billion to charities this year. But do those donors know in which cities the country's biggest non-profits are spending less to court their support and have sufficient rainy-day funds to weather these turbulent economic times? Charity Navigator, America's largest charity evaluator, recently concluded its seventh study of the largest charities in the nation’s top 30 metropolitan markets, revealing that charities in markets such as Pittsburgh, Houston and Dallas show greater overall financial health than those found in Baltimore, Detroit and Indianapolis.
In its study, Charity Navigator compared the median performance and size of the largest nonprofits in the 30 largest metropolitan markets (Atlanta, Baltimore, Boston, Chicago, Cincinnati, Cleveland, Colorado Springs, Dallas, Denver, Detroit, Houston, Indianapolis, Kansas City, Los Angeles, Miami, Milwaukee, Minneapolis/ St. Paul, Nashville, New York City, Orlando, Philadelphia, Phoenix, Pittsburgh, Portland, San Diego, San Francisco, Seattle, St. Louis, Tampa/St. Petersburg, Washington, DC). Those markets account for 55% of the 5,500 charities evaluated by Charity Navigator and they generate 64% of the total revenue and 66% total spending. The study revealed that regional factors, such as the cost of living, a market’s maturity and a city’s tendency to support one or two specialized causes, greatly influence the ability of the charities in each city to raise money and manage costs.
In terms of their overall financial health, the study’s highest and lowest rated charitable communities are:
|Current Ranking||Previous Ranking|
|1) Pittsburgh||1) Miami|
|2) Houston||2) San Diego|
|3) Dallas||3) Houston|
|4) San Francisco||4) Pittsburgh|
|5) Kansas City||5) Boston|
|Current Ranking||Previous Ranking|
|30) Baltimore||30) Detroit|
|29) Detroit||29) Indianapolis|
|28) Indianapolis||28) Baltimore|
|27) Milwaukee||27) Charlotte|
|26) Nashville||26) Portland|
“In these difficult economic times, we know many Americas have to make tough choices regarding their ability to make charitable donations,” said Ken Berger, President & CEO of Charity Navigator. “Likewise, the professionals leading our nation’s charities must decide how to best utilize donations to achieve maximum social impact while retaining enough funds to sustain operations beyond the recession. This study offers information that can help both donors and nonprofit leaders understand the financial strengths and weakness of each philanthropic marketplace and thus assist them in navigating through this challenging time.”
Additional findings from the report include:
Charity Navigator's ratings are accessible at no charge at http://www.charitynavigator.org/, and catalog the financial health of over 5,500 of America's best-known charities. Charity Navigator analysts examine two broad areas of a charity’s financial health --- how responsibly it functions day to day as well as how well positioned it is to sustain its programs over time --- and assign an overall rating, ranging from zero to four stars. To help donors avoid becoming victims of mailing-list appeals, each charity's commitment to keeping donors' personal information confidential is assessed. Starting in July, Charity Navigator will begin to augment its financial ratings data with information about a charity’s accountability and transparency practices.
About Charity Navigator (http://www.charitynavigator.org/)
Charity Navigator is the largest charity evaluator in America and its website attracts more visitors than all other charity rating groups combined. The organization helps guide intelligent giving by evaluating the financial health of over 5,500 charities. Charity Navigator is a 501 (c)(3) organization which accepts no advertising or donations from the organizations it evaluates, ensuring unbiased evaluations. Charity Navigator, can be reached directly by telephone at (201) 818-1288, or by mail at 139 Harristown Road, Suite 201, Glen Rock, N.J., 07452
To access the complete study visit: www.charitynavigator.org/metro
Contact: Sandra Miniutti, Vice President, Marketing
(201) 884-1051, email@example.com