Sunshine Cottage Land Corporation

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

Sunshine Cottage Land Corporation has achieved an overall rating of 82%, which reflects its strong performance in accountability and finance. This rating is primarily based on a single beacon score, showcasing the organization's dedication to maintaining transparency and responsible financial practices. The high score indicates that the charity has effectively implemented policies to avoid material diversion of assets and maintain an independent board.

Strengths noted in the evaluation include a fully independent board and comprehensive governance policies, which enhance the organization's credibility. The charity has demonstrated solid program expense ratios, allocating a significant portion of its resources directly to programs, which is a positive indicator of its operational effectiveness.

However, the organization faces challenges, particularly reflected in its liabilities to assets ratio, which scored poorly. This suggests that while the charity has robust governance practices, it may have financial vulnerabilities that could impact its long-term sustainability. Overall, Sunshine Cottage Land Corporation shows promise but should address its financial health to strengthen its position further.

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

Sunshine Cottage Land Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sunshine Cottage Land 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

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Official website here: www.none