Christian Healing Ministries Inc

Charity Navigator Rating: 57%, One-Star out of Four Star rating.

Christian Healing Ministries Inc has received a low rating of 57% from Charity Navigator, reflecting concerns primarily in its accountability and financial practices. The organization boasts a fully independent board and has shown no material diversion of assets, which are positive indicators of governance. However, significant gaps in essential policies, such as the absence of a conflict of interest policy, whistleblower policy, and document retention policy, have contributed to its low score.

While the charity allocates 60.76% of its expenses to programs, indicating a level of commitment to its mission, its overall financial management raises questions. The liabilities to assets ratio is low at 0.56%, suggesting a solid financial foundation in terms of obligations. Nonetheless, the weaknesses identified in policies and governance practices highlight areas for improvement that potential donors should consider.

Overall, while Christian Healing Ministries Inc demonstrates some strengths in independence and asset management, the lack of critical governance policies significantly impacts its accountability score, warranting caution for potential supporters and donors.

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

Christian Healing Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian Healing Ministries 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: $738,417

For more financial information, click here

Official website here: www.christianhealingmin.org