Willo Housing Corporation

Charity Navigator Rating: One-Star out of Four Stars (58%)

Willo Housing Corporation has received a score of 58%, resulting in a One-Star rating, which indicates significant concerns regarding its financial accountability and transparency. The organization has demonstrated strengths in governance, including a fully independent board and the absence of any material diversion of assets. Additionally, the charity has effectively documented its board meeting minutes and maintains a high program expense ratio of 100%, signifying that all its funds are directed toward its programs.

However, the charity's performance is notably hindered by its financial ratios, particularly with a liabilities to assets ratio of 186.28%, signaling potential financial instability. Furthermore, there are several critical policy disclosures missing from their website, including conflict of interest and whistleblower policies, which raises concerns about the organization's operational transparency. These shortcomings highlight the need for improvement in their financial practices and public communications to enhance trust and accountability.

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

Willo Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Willo 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: $6,689

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