Nehemiah Housing Development Fund C

Charity Navigator Rating: 71% (Two-Star out of Four Stars)

Nehemiah Housing Development Fund C has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and performance. The charity's overall score of 71% reflects strengths in governance, with 100% of its board members being independent and a solid audit committee overseeing financial statements. Additionally, the organization maintains a favorable liabilities-to-assets ratio, demonstrating sound financial management.

Despite these strengths, the charity's program expense ratio of 61.17% suggests that less than two-thirds of its expenses are directed toward its programs, which may raise concerns about the efficiency of resource allocation. While the organization has established effective oversight mechanisms, this lower program expense ratio could be seen as a limitation in its overall impact and effectiveness in fulfilling its mission.

Ultimately, while Nehemiah Housing Development Fund C shows promise with solid governance and financial oversight, potential donors and supporters may want to consider the efficiency of its program spending as they evaluate its effectiveness in addressing housing development needs.

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

Nehemiah Housing Development Fund C is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nehemiah Housing Development Fund C 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: $327,495

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