Living Hope Incorporated

Charity Navigator Rating: 83% - Three-Star out of Four Star rating

Living Hope Incorporated has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. The charity boasts an impressive program expense ratio of 98.34%, demonstrating a strong commitment to directing resources towards its programs rather than administrative costs. Additionally, the organization maintains a fully independent board, with 87% of its members being independent, which contributes positively to its governance practices.

The organization's financial practices are well-organized, as evidenced by its high scores in areas such as conflict of interest policy, whistleblower policy, and documentation of board meeting minutes. There are no reported material diversions of assets, indicating responsible financial management. Furthermore, the low liabilities to assets ratio of 0.21% suggests that the organization is operating with a healthy balance sheet.

Despite these strengths, the overall score of 83% reflects areas where there could be room for improvement. While the organization clearly adheres to many best practices in governance and finance, continued efforts to enhance transparency and engagement with stakeholders could further bolster its reputation and effectiveness in serving its mission.

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

Living Hope Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Living Hope Incorporated 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: $283,848
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,304,859

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