Charity Navigator, America’s
leading charity evaluator, has awarded Water For People its highest rating of
four stars for the seventh consecutive year. This award is reserved for charities
that demonstrate the highest levels of operational excellence and fiscal
management.
Founded in 1991, Water For
People is a Denver-based private, nonprofit international humanitarian
organization that supports the development of sustainable safe drinking water
resources and improved sanitation facilities in developing countries.
Only 2 percent of the 5,000-plus
charities rated by Charity Navigator have achieved a four-star rating for 7 or
more consecutive years. This designation is based on Water For People’s 2008
fiscal performance.
“Charity Navigator provides
an important service to donors looking for independent verification of a
charity’s fiscal effectiveness. We are pleased to be recognized for our careful
stewardship of donor dollars,” says Ned Breslin, CEO of Water For People. “We
look forward to continued recognition not only for our fiscal responsibility,
but also for the transformative field results we achieve in Africa, Asia, and
Latin America.”
One of the key metrics used in Charity
Navigator’s rating process is the functional allocation of resources, as
measured by the percentage of revenues used for program expenses as opposed to
administrative and fundraising expenses. As measured by this standard, Water
For People always has achieved the highest rankings.
Water For People Receives Another Four-star Rating
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