Samaritan Home Health Inc

Charity Navigator Rating: Needs Improvement (66%)

Samaritan Home Health Inc has received a two-star rating from Charity Navigator, indicating areas that require improvement, particularly in financial management and governance. The organization demonstrates a high program expense ratio of 98.42%, suggesting that a significant portion of its budget is directed towards its charitable activities, which is a positive aspect.

However, the nonprofit faces critical challenges in its governance structure, as only 33% of its board members are independent, which raises concerns about oversight and accountability. Additionally, the organization's liabilities exceed its assets, reflected in a liabilities to assets ratio of 102.08%, indicating financial risks that could impact its sustainability and ability to fulfill its mission effectively.

While Samaritan Home Health Inc has strong policies in place regarding conflict of interest, whistleblower protections, and document retention, it is important for the organization to address its financial and governance shortcomings to enhance its overall impact and trustworthiness in the community.

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

Samaritan Home Health Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Samaritan Home Health 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,545,674

For more financial information, click here

Official website here: www.samaritanhealth.com