Hometown Community Development Corporati

Charity Navigator gives Hometown Community Development Corporation a Three-Star out of Four Star rating with a score of 87%. This rating is primarily based on the organization's accountability and financial management, where it excels in aspects such as financial statements oversight and the absence of asset diversion. However, a concerning factor is the complete lack of independent board members, which could affect the organization's oversight capabilities.

The organization demonstrates strong financial health, with a program expense ratio of 94.47%, indicating that a significant portion of its expenses is allocated directly to its programs. Its low fundraising efficiency ratio of $0.03 shows effective fundraising practices, ensuring that most funds raised are used to further its mission rather than for overhead costs.

Unfortunately, there are no user reviews available from GreatNonprofits to provide additional insights into the community’s perception of the organization. Overall, while Hometown Community Development Corporation shows solid financial accountability, the absence of independent board members raises some concerns for potential donors looking for oversight assurance.

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

Hometown Community Development Corporati is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hometown Community Development Corporati 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: $330,770
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.homestrongusa.org