Homestead Health Center Inc

Rating from Charity Navigator: 94%, Four-Star out of Four Star rating.

Homestead Health Center Inc has demonstrated strong performance in financial accountability and transparency, earning a Four-Star rating from Charity Navigator. The charity's score is entirely based on its accountability and finance beacon, where it achieved a remarkable 94%. This high score highlights its commitment to maintaining robust financial practices and ethical governance.

The organization boasts a fully independent board, with all members meeting the criteria for independence, and has established comprehensive policies including an audit and oversight committee, conflict of interest policy, and whistleblower policy. Additionally, it has effectively managed its assets, with no material diversion reported, indicating a high level of integrity in its operations.

However, while the charity excels in financial management, its liabilities to assets ratio stands at 52.24%, which, although well-managed, could suggest a moderate level of financial risk that potential donors might want to consider. Overall, Homestead Health Center Inc is a well-run nonprofit with a strong focus on accountability, making it a reliable choice for donors seeking to support effective organizations.

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

Homestead Health Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homestead Health Center 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: $91,739
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,518,696

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Official website here: www.homesteadhealthcenter.org