Oliver Gospel Mission

Charity Navigator Rating: 92%

Oliver Gospel Mission has received a Four-Star out of Four Star rating from Charity Navigator, reflecting a strong overall performance in financial health and accountability. The organization is particularly commendable for its governance practices, with a fully independent board and comprehensive oversight mechanisms in place. The fiscal responsibility is evident, with a low liability to assets ratio and a solid working capital ratio, indicating prudent financial management.

In terms of program expenses, the charity allocates approximately 63.94% of its budget to direct services, which is a positive sign of commitment to its mission. However, it does face a challenge in fundraising efficiency, with a cost of $0.28 to raise each dollar, suggesting room for improvement in its fundraising strategies. Despite this, their well-structured board policies and absence of asset diversion indicate a strong ethical foundation.

Overall, Oliver Gospel Mission demonstrates a robust operational capacity coupled with responsible governance. While there are areas for enhancement, particularly in fundraising efficiency, the organization is well-positioned to continue delivering impactful services to those it serves.

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

Oliver Gospel Mission is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oliver Gospel Mission 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: $150,379
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,312,670

For more financial information, click here

Official website here: www.olivergospelmission.org