Hope House Corporation

Charity Navigator Rating: 92% (Four-Star out of Four Stars)

Hope House Corporation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization's score is entirely based on its accountability metrics, showcasing a commitment to transparency and responsible financial management. With a majority of its board members being independent, the charity upholds a high standard of governance.

The organization excels in several areas, including a perfect score for its audit and oversight committee, as well as maintaining no material diversion of assets. Additionally, it has implemented essential policies such as conflict of interest and whistleblower protections, ensuring a robust framework for ethical operations. Hope House demonstrates effective financial stewardship with a program expense ratio of 88.25%, indicating that a significant portion of its resources is directed toward its programs.

While the data highlights numerous strengths, ongoing vigilance in maintaining these standards will be crucial for sustaining public trust and maximizing impact. Overall, Hope House Corporation stands out as a responsible and effective nonprofit organization.

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

Hope House Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope House 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: $133,588
Professional Fundraising Fees: $0
Other Salaries and Wages: $946,171

For more financial information, click here