Carter House

Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, 70%)

Carter House has received a Two-Star rating from Charity Navigator, indicating that while there are some strong financial practices, the organization has room for improvement in other areas. The charity excels in accountability and finance, scoring a perfect 100%. Key strengths include an independent board with full compliance on policies and documentation, as well as a strong program expense ratio, which means that all of its expenses are directed towards its programmatic work.

Despite these strengths, the overall rating suggests that the organization is not meeting certain benchmarks that would typically indicate a higher level of effectiveness. The liabilities to assets ratio is relatively high at 51.57%, which may raise concerns about financial sustainability. Additionally, while the salary of the Executive Director, Norman Carter, is noted at $201,615, it is important for stakeholders to consider how this figure aligns with the organization's overall financial health and mission impact.

Overall, Carter House demonstrates solid governance and financial management practices but needs to address certain operational aspects to enhance its effectiveness and transparency further. Potential donors and supporters should weigh these strengths and limitations carefully when considering their engagement with the organization.

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

Carter House is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carter House 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: $352,613

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