Siloam Center

Charity Navigator Rating: 54%, One-Star out of Four Stars

Siloam Center has received a low rating of 54% from Charity Navigator, primarily due to significant concerns in accountability and finance. The rating is derived entirely from the Accountability & Finance beacon, where the charity scored poorly in several categories, including board independence and missing key governance policies. The organization has no independent board members, which raises questions about oversight and governance practices.

Despite the challenges reflected in its rating, Siloam Center does demonstrate some strengths. It maintains a program expense ratio of 71.94%, indicating that a substantial portion of its expenditures is directed toward its programs rather than administrative costs. Additionally, the organization has a good performance in its liabilities to assets ratio, suggesting it is managing its debts effectively.

However, the notable absence of financial statements and critical policies such as conflict of interest and whistleblower protections points to serious governance issues. Without these essential elements, there may be a lack of transparency and accountability to stakeholders, which could hinder donor confidence and overall effectiveness.

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

Siloam Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Siloam Center 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: $107,955
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

Official website here: www.thesiloamcenter.org