Calvary Housing Development Ltd

Charity Navigator Rating: Needs Improvement (64%, Two-Star out of Four Star rating)

Calvary Housing Development Ltd has received a Two-Star rating from Charity Navigator, indicating that there are notable areas for improvement. The organization's overall accountability and financial practices are solid, evident from a perfect score in audit and oversight, as well as a high program expense ratio of 94.88%, which suggests that most of its funding is directed towards its programs.

However, significant weaknesses are highlighted in the board's independence, with no independent members currently serving. This lack of independent oversight may raise concerns about governance and potential conflicts of interest. Additionally, the nonprofit's transparency is compromised by missing essential documents on its website, including tax forms, which could limit public access to important financial information.

Overall, while Calvary Housing Development Ltd demonstrates a commitment to program funding and has established important policies for governance, its low scores in board independence and transparency are critical areas that need attention to enhance its credibility and effectiveness as a nonprofit organization.

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

Calvary Housing Development Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Calvary Housing Development Ltd 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

For more financial information, click here