New York-Presbyterian Fund Inc

Charity Navigator Rating 93%

New York-Presbyterian Fund Inc has been awarded a Four-Star out of Four Star rating by Charity Navigator, indicating a high level of financial health and accountability. With an overall score of 93%, the organization demonstrates strong governance and transparency practices, evidenced by its independent board members and thorough oversight mechanisms. The charity's financial statements are backed by a robust audit and oversight committee, contributing to a solid foundation for trust among stakeholders.

The nonprofit excels in its program expense ratio, with 88.60% of its expenses directed towards programs, showcasing a commitment to its mission over administrative costs. Furthermore, the fundraising efficiency is impressive, with just $0.10 spent to raise a dollar, highlighting effective resource management. The organization also maintains a low liabilities-to-assets ratio of 2.61%, suggesting strong financial stability.

However, while the organization shows exemplary practices in many areas, potential donors and stakeholders should always conduct their own due diligence. Maintaining awareness of any future developments or changes in governance practices is important, even for well-rated entities like New York-Presbyterian Fund Inc.

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

New York-Presbyterian Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York-Presbyterian Fund Inc 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: $2,922,214
Professional Fundraising Fees: $185,840
Other Salaries and Wages: $11,993,194

For more financial information, click here