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Giving: Rating Charity Finances

by Penelope Wang

Money Magazine

June 1, 2002

 
 
Giving to a good cause just got easier.  No, we're not talking about finding the extra bucks to donate, but about separating well-run charities from well-intentioned money wasters.  A new website called Charitynavigator.org provides free financial evaluations and zero- to four-star fiscal ratings for more than 1,000 charities.  Using data from charity tax returns, Charity Navigator evaluates a nonprofit's day-to-day efficiency based on the amounts spent on fund raising, administration, and programs.  The group also assesses the charity's long-term financial stability by examining the growth in operating revenue, program expenses and working capital. 

Content courtesy of Money Magazine

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Charity Navigator is turning 15!

Together, with donors like you, we have been able to:

  • Continually provide new and updated charity ratings
  • Increase charity transparency and accountability
  • Support the long-term missions of charities through our encouragement of informed giving

Did you know that we’re a charity, too? Your donation will help us provide new tools and information that you can rely on to make impactful giving choices. Your gift of any size will make a difference!