Meds & Food for Kids’ strong financial health and commitment to accountability and transparency has once again earned a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. This is the ninth consecutive year that Meds & Food for Kids has earned this top distinction. Only 5% of the charities evaluated by Charity Navigator have received at least 9 consecutive 4-star evaluations.
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, Charity Navigator upgraded its methodology for rating each charity’s financial health with CN 2.1. These enhancements further substantiate the financial health of charities awarded a four-star rating.
In a letter to MFK, Charity Navigator President Michael Thatcher wrote, “ We are proud to announce Meds & Food for Kids has earned our ninth consecutive 4-star rating. This is our highest possible rating and indicates that your organization adheres to sector best practices and executes its mission in a financially efficient way. Attaining a 4-star rating verifies that Meds & Food for Kids exceeds industry standards and outperforms most charities in your area of work …This exceptional designation from Charity Navigator sets Meds & Food for Kids apart from its peers and demonstrates to the public its trustworthiness.”
Meds & Food for Kids a received perfect score on several measures that go into the four-star rating, among them Governance, Transparency, Program Expenses, Fundraising Efficiency. MFK’s rating and other information about charitable giving are available on www.charitynavigator.org
About Charity Navigator
Charity Navigator, www.charitynavigator.org, is the largest charity evaluator in America and its website attracts more visitors than all other charity rating groups combined. The organization helps guide intelligent giving by evaluating the Financial Health and Accountability & Transparency of more than 8,000 charities. Charity Navigator accepts no advertising or donations from the organizations it evaluates, ensuring unbiased evaluations, nor does it charge the public for this trusted data. As a result, Charity Navigator, a 501 (c) (3) public charity itself, depends on support from individuals, corporations, and foundations that believe it provides a much-needed service to America's charitable givers.