Charity Navigator gives CFCA 4-star rating
April 6, 2010
For the ninth year in a row, CFCA received the top rating for fiscal responsibility from nonprofit watchdog Charity Navigator — a distinction achieved by less than 1 percent of the charities rated.
Charity Navigator evaluates more than 5,500 nonprofits each year, providing in-depth, objective ratings and analysis of the financial health of America’s largest charities. CFCA has received four out of a possible four stars every year since Charity Navigator began its web-based ratings service.
In a letter from Ken Berger, Charity Navigator president and CEO, CFCA was commended for its steady commitment to fiscal responsibility.
“Less than 1% of the charities we rate have received at least 9 consecutive 4-star evaluations, indicating that Christian Foundation for Children and Aging consistently executes its mission in a fiscally responsible way, and outperforms most other charities in America,” the letter stated. “This ‘exceptional’ designation from Charity Navigator differentiates Christian Foundation for Children and Aging from its peers and demonstrates to the public it is worthy of their trust.”
According to Charity Navigator’s website, the ratings “show givers how efficiently we believe a charity will use their support today, and to what extent the charities are growing their programs and services over time.”