Care Housing Services Corporation

Charity Navigator Rating: 54%, One-Star out of Four Star rating. This rating indicates significant concerns regarding the organization's financial practices and accountability. The overall score is derived entirely from a single beacon focused on Accountability & Finance, highlighting potential areas of concern for donors.

Care Housing Services Corporation has strengths in governance, with a fully independent board and no reported material diversion of assets. Additionally, the organization has appropriate policies in place regarding conflicts of interest and whistleblowing, which reflect a commitment to transparency and ethical oversight. However, the low score is largely due to a concerning Liabilities to Assets Ratio and a relatively low Program Expense Ratio, suggesting that a significant portion of its resources may not be allocated effectively toward its mission.

The organization's financial performance raises red flags for potential donors, as the 2.18% Liabilities to Assets Ratio and 46.60% Program Expense Ratio indicate issues in financial health and program spending. While governance practices are commendable, the financial metrics point to a need for improvement in operational efficiency and effectiveness in fulfilling its charitable purpose. Donors should consider these factors carefully before contributing.

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

Care Housing Services Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Care Housing Services 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: $80,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $51,300

For more financial information, click here