UNITED WAY OF THE COASTAL BEND EARNS COVETED 4-STAR RATING FROM CHARITY NAVIGATOR
Local non-profit celebrates fifth consecutive year with 4-star rating, joins top-performing 9% of evaluated charities in America
(Corpus Christi, TX June 4, 2018) – United Way of the Coastal Bend’s strong 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 fifth consecutive time that United Way of the Coastal Bend has earned this top distinction.
Since 2002, using objective analysis, Charity Navigator has awarded 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, we upgraded our methodology for rating each charity’s’ financial health with CN 2.1. These enhancements further substantiates the financial health of our four star charities.
“United Way of the Coastal Bend’s exceptional 4-star rating sets it apart from its peers and demonstrates its trustworthiness to the public,” according to Michael Thatcher, President & CEO of Charity Navigator. “Only a quarter of charities rated by Charity Navigator receive the distinction of our 4-star rating. This adds United Way of the Coastal Bend to a preeminent group of charities working to overcome our world’s most pressing challenges. Based on its 4-star rating, people can trust that their donations are going to a financially responsible and ethical charity when they decide to support United Way of the Coastal Bend.”
“It’s important our donors trust that we’re using their donations wisely to accomplish real change in the areas of education, health and financial stability,” said Catrina Wilson, President & CEO of United Way of the Coastal Bend. “Our 4-star Charity Navigator rating demonstrates to supporters our transparent stewardship of donated funds.”
United Way of the Coastal Bend’s rating and other information about charitable giving are available free of charge on www.charitynavigator.org. More-detailed information about United Way of the Coastal Bend’s rating is available to Charity Navigator site visitors who become registered users, another free service.