If you want to do volunteer work or donate money, how do you determine which organizations are excellent? And which should we avoid?
One objective source for information on nonprofits is Charity Navigator:
“Founded in 2001, Charity Navigator has become the nation’s largest and most-utilized evaluator of charities. In our quest to help donors, our team of professional analysts has examined tens of thousands of nonprofit financial documents. We’ve used this knowledge to develop an unbiased, objective, numbers-based rating system to assess over 9,000 of America’s best-known and some lesser known, but worthy, charities.”
“Specifically, Charity Navigator’s rating system examines two broad areas of a charity’s performance; their Financial Health and their Accountability & Transparency. Our ratings show givers how efficiently we believe a charity will use their support today, how well it has sustained its programs and services over time and their level of commitment to good governance, best practices and openness with information.”
Here is an example of a Charity Navigator review, the Lustgarten Foundation for Pancreatic Cancer Research. Click the chart to see the full rating of Lustgarten.