Diocesan Bureau Of Housing

Charity Navigator Rating: 67% (Two-Star out of Four Star rating)

The Diocesan Bureau of Housing has received a Two-Star rating from Charity Navigator, indicating some areas of concern despite its strengths. The organization has a strong accountability and finance score of 67, with notable achievements such as having 100% independent board members and well-documented board meeting minutes. Additionally, the charity has an impressive program expense ratio of 82.89%, suggesting a significant portion of its funds is directed toward its mission.

However, the charity's liabilities to assets ratio is a point of concern, recorded at 92.42%, which indicates potential financial risk. This high ratio suggests that the organization's liabilities may outweigh its assets, raising questions about long-term sustainability. While the charity excels in governance and financial transparency, the financial health indicated by the liabilities may warrant further scrutiny.

Overall, while the Diocesan Bureau of Housing demonstrates a commitment to accountability and effective program spending, potential donors and stakeholders should consider the financial risks associated with its current liabilities.

This AI summary has been generated from information found on Charity Navigator.

Diocesan Bureau Of Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Diocesan Bureau Of Housing submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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