Denton Housing Development Corporation

Charity Navigator Rating: 82%, Three-Star out of Four Star rating.

The Denton Housing Development Corporation has received an 82% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. This score reflects a commitment to transparency and responsible financial management, which is crucial for maintaining donor trust and ensuring efficient use of funds.

The organization scores particularly well in key areas such as having a fully independent board and maintaining high standards for financial audits. With a program expense ratio of 91%, it demonstrates a strong focus on utilizing resources for its intended mission rather than administrative costs. Additionally, its low liabilities to assets ratio further showcases its financial health.

While the ratings indicate strong performance in accountability and finance, potential donors may want to consider the overall context of the organization's programs and impact. However, the metrics provided suggest that the Denton Housing Development Corporation is effectively managing its resources and is accountable to its stakeholders.

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

Denton Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Denton Housing Development 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: $237,609

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