Charles Simeon Trust

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

The Charles Simeon Trust has received a score of 79%, which translates to a Three-Star rating based on its accountability and finance practices. This rating reflects the organization's commitment to transparency and financial health, as it is derived solely from its performance in the Accountability & Finance category. The fiscal year 2022 data shows strong governance practices, with 100% of its board members being independent.

Strengths of the organization include a low ratio of liabilities to assets (0.02%), indicating strong financial stability, and a high program expense ratio (78.72%), which suggests that a significant portion of its funds are directed toward its mission-related activities. The trust also has robust policies in place, such as a conflict of interest policy and a whistleblower policy, both of which contribute positively to its accountability.

However, while the organization demonstrates strong financial management and independence on its board, the overall Three-Star rating implies there may be room for improvement in areas that could enhance its mission impact or operational efficiency further. Thus, potential donors and stakeholders may want to consider these factors in their evaluation.

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

Charles Simeon Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charles Simeon Trust 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: $61,870
Professional Fundraising Fees: $0
Other Salaries and Wages: $519,418

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