St Joseph Towers Inc

Charity Navigator Rating: 79%, Three-Star out of Four Star Rating

St. Joseph Towers Inc has achieved a 79% score, earning a Three-Star rating primarily due to its strong performance in the Accountability & Finance category. The organization boasts a fully independent board of directors and maintains robust financial oversight through an audit and oversight committee, demonstrating a commitment to transparency and governance.

The majority of the accountability metrics reflect positive practices, such as the implementation of conflict of interest and whistleblower policies, as well as thorough documentation of board meeting minutes. Additionally, the charity has an impressive program expense ratio of 91.95%, indicating that a significant portion of its funds directly supports its mission.

However, the organization faces a challenge with its liabilities to assets ratio, which stands at 118.46%. This suggests that its liabilities exceed its assets, raising potential concerns regarding financial stability. It is crucial for stakeholders to consider this aspect when evaluating the overall health and sustainability of St. Joseph Towers Inc.

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

St Joseph Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Joseph Towers 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,859

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