Gillys House Inc

Charity Navigator rating: 80%, Three-Star out of Four Star rating.

Gilly's House Inc has received a commendable Three-Star rating from Charity Navigator, reflecting an overall score of 80%. This score emphasizes the charity's strong accountability and financial practices, indicating it operates with transparency and integrity. The organization has met high standards in areas such as governance, with a board comprised entirely of independent members, and has implemented robust policies concerning conflict of interest, whistleblowing, and document retention.

The charity's program expense ratio stands at an impressive 83.85%, showcasing its commitment to directing funds toward its mission-driven activities rather than administrative costs. Furthermore, there is no material diversion of assets reported, underscoring a responsible stewardship of resources. However, while the liabilities to assets ratio is reasonable at 55.17%, it indicates that there may be some financial obligations that the organization needs to manage carefully.

Overall, Gilly's House Inc demonstrates a solid commitment to accountability and effective use of funds, although continued attention to its financial ratios will be essential for maintaining its health and sustainability in the future.

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

Gillys House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gillys 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: $171,843

For more financial information, click here