Homemaker Health Care Inc

Charity Navigator Rating: 82% (Three-Star out of Four Star rating)

Homemaker Health Care Inc has earned a Three-Star rating from Charity Navigator, indicating a solid performance in the realm of accountability and finance with an overall score of 82%. This rating reflects the charity's commitment to responsible financial management and governance practices, as the score is derived entirely from their Accountability & Finance beacon.

The organization demonstrates strengths in several key areas, including having a fully independent board of directors, a strong liability to assets ratio, and a clear conflict of interest policy. They also maintain a whistleblower policy and ensure transparency by documenting board meeting minutes. With a program expense ratio of 66.25%, the majority of their expenditures are directed toward their mission-related programs.

However, while the organization performs well overall, the program expense ratio could be an area for improvement, as it is slightly below the maximum score available. This may indicate that there could be room to increase the proportion of funding allocated directly to programs versus administrative costs. Nonetheless, Homemaker Health Care Inc exhibits a commendable level of accountability and is structured to effectively serve its mission.

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

Homemaker Health Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homemaker Health Care 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: $40,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,518

For more financial information, click here