Wrc Housing Inc

Charity Navigator Rating: Needs Improvement - 61%, Two-Star out of Four Star Rating. Wrc Housing Inc has received a Two-Star rating, indicating that while the organization has some strengths, there are several areas requiring attention. The overall score reflects a mixed performance in accountability and finance, with significant room for improvement in certain governance policies.

The organization has achieved full marks for having a majority of independent board members, an adequate board size, and a strong program expense ratio, indicating that a large portion of its funds is directed toward its programs. However, critical governance policies are lacking, including the absence of a conflict of interest policy, a whistleblower policy, and a document retention policy. Additionally, the organization has failed to post essential documents, such as its tax form, on its website.

Another concern is the high liabilities to assets ratio of 178.36%, which points to potential financial instability. While the program expense ratio of 71.50% is commendable, the overall financial health of the organization remains a critical factor that stakeholders should consider. Addressing these governance and financial issues could lead to improved ratings and increased trust from the community.

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

Wrc Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wrc Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.wrchousing.com