Susan Parham Housing Corporation

Charity Navigator Rating: 86% (Three-Star out of Four Star rating)

The Susan Parham Housing Corporation has received a Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. With an overall score of 86%, the organization excels in various financial metrics, including a high program expense ratio of 94.51%, indicating that a significant portion of its budget is dedicated to its mission-driven activities.

The organization's governance structure appears robust, with 60% independent board members and effective policies in place, such as a conflict of interest and whistleblower policy. Additionally, the absence of any material diversion of assets further demonstrates its commitment to transparency and responsible management. The charity also maintains complete documentation of board meeting minutes and has made its website accessible on its tax forms.

However, the liabilities to assets ratio stands at 54.96%, which suggests some potential financial strain that could be a point of concern for stakeholders. While the charity shows commendable financial practices, continued monitoring of its financial health may be advisable to ensure sustainability and growth in its services.

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

Susan Parham Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Susan Parham Housing Corporation 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: $0

For more financial information, click here

Official website here: www.teriinc.org