Catholic Charities sound financial health and commitment to accountability and transparency have earned it a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. This is the first time that Catholic Charities has earned this top distinction.
“Catholic Charities’ 4-star rating puts it in a very select group of high-performing charities,” according to Michael Thatcher, President and CEO of Charity Navigator. “Out of the thousands of nonprofits Charity Navigator evaluates, only one out of four earns 4 stars — a rating that demands rigor, responsibility and commitment to openness. Catholic Charities supporters should feel much more confident that their hard-earned dollars are being used efficiently and responsibly when it acquires such a high rating.”
“It’s important our donors trust that we’re using their gifts wisely to accomplish our mission of strengthening families and reducing poverty,” said Jeff Bialik, Catholic Charities Executive Director. “Our 4-star Charity Navigator rating demonstrates to our supporters our commitment to good governance and financial accountability.”
Charity Navigator awards only the most fiscally responsible organizations a 4-star rating. In 2011, Charity Navigator added 17 metrics, focused on governance and ethical practices as well as measures of openness, to its ratings methodology. These Accountability & Transparency metrics, which account for 50 percent of a charity’s overall rating, reveal which charities operate in accordance with industry best practices and whether they are open with their donors and stakeholders. On June 1, 2016, Charity Navigator upgraded their methodology for rating each charity’s’ financial health with CN 2.1. These enhancements further substantiate the financial health of four star rated charities.
Catholic Charities’ four-star rating and other information about charitable giving are available free of charge on www.charitynavigator.org. More-detailed information about Catholic Charities, visit CatholicCharitiesSF.org.
About Catholic Charities
Founded in 1907 and rooted in our faith traditions of charity and justice, Catholic Charities is an independent non-profit organization dedicated to strengthening families and reducing poverty in the three counties of the Archdiocese of San Francisco (San Francisco, Marin and San Mateo). Catholic Charities serves and advocates for the poor, the sick, the distressed, children, youth, families, immigrants and seniors, regardless of race, religion, color, sex, age, physical or mental disability, national origin, sexual orientation, or any other basis covered by local law.
For more information on Catholic Charities, visit CatholicCharitiesSF.org.
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