St Joseph Housing Corporation

Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)

St Joseph Housing Corporation has received a three-star rating from Charity Navigator, reflecting an overall score of 79%. This rating highlights the organization's strong accountability and finance practices, where they scored particularly well on board independence, financial oversight, and adherence to policies regarding conflict of interest and whistleblower protections. The charity has effectively established a framework for transparency and accountability, which is crucial for fostering trust among donors and stakeholders.

However, the organization does face some challenges, particularly in its liabilities to assets ratio, which stands at 140.08%. This figure suggests that the organization may have higher liabilities relative to its assets, a point that could raise concerns about financial sustainability. While their program expense ratio is commendable at 79.89%, the high liability figure warrants attention and may affect future operations or funding opportunities.

Overall, St Joseph Housing Corporation demonstrates a solid commitment to financial accountability and governance practices, although the elevated liabilities indicate an area that requires careful management. Potential donors may want to consider these factors when assessing the charity's long-term viability and impact.

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

St Joseph Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Joseph Housing Corporation 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: $240,958

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