Our Home Of Hope Inc

Charity Navigator Rating: 88% (Three-Star out of Four Stars)

Our Home Of Hope Inc has received an 88% rating from Charity Navigator, indicating a solid performance in accountability and financial management. Key strengths include a fully independent board, high program expense ratio of 97.59%, and effective financial oversight, as evidenced by a perfect score in several financial metrics. These factors suggest that the organization is responsible with its funding and prioritizes its programs effectively.

Despite its strengths, the organization has notable limitations in governance policies, including a lack of a whistleblower and document retention policy, which are crucial for transparency and accountability. Additionally, the absence of tax forms on the nonprofit's website may hinder potential donors' ability to assess its financial health comprehensively.

Overall, the organization demonstrates a commitment to its mission and effective use of resources but may benefit from enhancing its governance frameworks to address the identified gaps. Enhancing these policies could bolster donor confidence and ensure long-term sustainability.

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

Our Home Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Home Of Hope 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: $65,279
Professional Fundraising Fees: $0
Other Salaries and Wages: $345,470

For more financial information, click here

Official website here: www.ourhomeofhope.com