Stella Maris House Inc

Charity Navigator Rating: 79% (Three-Star out of Four Star rating)

Stella Maris House Inc has achieved a Three-Star rating on Charity Navigator, reflecting a solid performance primarily in the area of accountability and finance. The organization has received high marks for its governance practices, including a fully independent board of directors and robust financial oversight mechanisms. The charity's program expense ratio is particularly noteworthy, with 91.47% of its expenses directed towards programs, indicating a strong commitment to its mission.

However, the organization does face some challenges, particularly in its liabilities to assets ratio, which stands at 142.09%. This could signal potential financial stress or heavy reliance on debt, which is an area where improvement is needed. Despite this limitation, the overall governance and financial practices are sound, supporting the organization's effectiveness in serving its community.

Overall, Stella Maris House Inc demonstrates responsible financial management and strong accountability practices, making it a worthwhile organization for donors to consider, though attention should be paid to its financial leverage.

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

Stella Maris House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stella Maris House 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: $150,692

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