Kpcc Housing Corporation

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

Kpcc Housing Corporation has received a one-star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. The overall score, which is solely based on the Accountability & Finance beacon, highlights strengths such as a fully independent board and good practices in documenting board meeting minutes and managing program expenses efficiently.

Despite these strengths, the organization faces notable weaknesses, particularly in its financial ratios. The liabilities to assets ratio is particularly alarming at 376.06%, which raises concerns about the organization's financial health and sustainability. This high ratio significantly impacted the overall score, reflecting a potential risk in the organization's ability to meet its obligations.

Overall, while Kpcc Housing Corporation demonstrates strong governance practices with an independent board and effective program spending, the financial concerns highlighted in the rating suggest that potential donors should exercise caution and conduct further research before contributing.

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

Kpcc Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kpcc 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: $12,187

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