Ninth Street Kin

Charity Navigator Rating: 67% (Two-Star out of Four Star rating)

Ninth Street Kin has received a Two-Star rating from Charity Navigator, indicating some room for improvement in its overall performance. The organization's Accountability & Finance score stands at 67%, which highlights a solid foundation in governance and financial practices, particularly in areas such as maintaining a fully independent board and effectively documenting board meeting minutes.

Strengths noted include a high program expense ratio of 90.27%, suggesting that the majority of its funds are directed toward its programs rather than administrative costs. Additionally, the organization boasts no material diversion of assets and a low liabilities to assets ratio of 9.31%, indicating financial stability and responsible asset management.

Despite these strengths, the charity's overall score reflects potential areas for growth in transparency and operational effectiveness. While the organization demonstrates a commitment to accountability through an independent board and sound financial practices, the two-star rating suggests that stakeholders should seek more detailed information about its impact and effectiveness before fully endorsing the nonprofit.

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

Ninth Street Kin is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ninth Street Kin 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: $428,437

For more financial information, click here