Purpose House Ministries Inc

Charity Navigator Rating: 61%, Two-Star out of Four Star rating.

Purpose House Ministries Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The overall score of 61% reflects some strengths, particularly in governance and transparency aspects, as evidenced by a perfect score for having an independent board and the presence of key documentation like board meeting minutes.

However, the organization faces significant challenges in areas crucial for financial oversight and accountability. Notably, it lacks a conflict of interest policy, whistleblower policy, and proper document retention practices, which negatively impact its overall rating. Additionally, the failure to post its tax form on its website and a concerning liabilities to assets ratio further highlight areas needing improvement.

While Purpose House Ministries Inc has suitable program expense ratios, the lack of compliance in governance practices suggests that potential donors should consider these factors when evaluating the nonprofit's reliability and operational integrity.

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

Purpose House Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Purpose House 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: $0

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Official website here: www.purposehouse.com