Feeding South Florida Receives Four Star Rating from Charity Navigator
In a letter from Charity Navigator’s President and CEO, Michael Thatcher, Feeding South Florida was informed that for another consecutive year, it received the distinction of a Four Star Charity, by America’s largest independent charity evaluator, To view our Charity Navigator page, click here. Mr. Thatcher’s letter states:
On behalf of Charity Navigator, I wish to congratulate Feeding South Florida on achieving our coveted 4-star rating for sound fiscal management and commitment to accountability and transparency.
As the nonprofit sector continues to grow at an unprecedented pace, savvy donors are demanding more accountability, transparency and quantifiable results from the charities they choose to support with their hard-earned dollars. In this competitive philanthropic marketplace, Charity Navigator, America’s premier charity evaluator, highlights the fine work of efficient, ethical and open charities. Our goal in all of this is to provide donors with essential information needed to give them greater confidence in the charitable choices they make.
Based on the most recent information available, we have issued a new rating for your organization. We are proud to announce Feeding South Florida has earned our third consecutive 4-star rating. Receiving four out of a possible four stars indicates that your organization adheres to good governance and other best practices that minimize the chance of unethical activities and consistently executes its mission in a fiscally responsible way. Only 8% of the charities we rate have received at least 3 consecutive 4-star evaluations, indicating that Feeding South Florida outperforms most other charities in America. This “exceptional” designation from Charity Navigator differentiates Feeding South Florida from its peers and demonstrates to the public it is worthy of their trust.
Forbes, Business Week, and Kiplinger’s Financial Magazine, among others, have profiled and celebrated our unique method of applying data-driven analysis to the charitable sector. We evaluate ten times more charities than our nearest competitor and currently attract more visitors to our website than all other charity rating groups combined, thus making us the leading charity evaluator in America. Our data shows that users of our site gave more than they planned to before viewing our findings, and in fact, it is estimated that last year Charity Navigator influenced approximately $10 billion in charitable gifts.
We believe our service will enhance your organization’s fundraising and public relations efforts. Our favorable review of Feeding South Florida’s fiscal health and commitment to accountability & transparency is now visible on our website.
For every $10 donated to Feeding South Florida, we can provide 62 meals. With a cost of only .13 cents to move a pound of food, Feeding South Florida is able to provide $65.3 million worth of food at an operating costs of just over $5 million. Feeding South Florida is proud to the largest and most efficient food bank in each of the four counties it serves: Palm Beach, Broward, Miami-Dade, and Monroe.
