Less than a quarter of the charities evaluated receive this highest rating, indicating that The Friends of the Saint Paul Public Library outperforms the majority of nonprofits in America with respect to financial health, accountability and transparency.
As the nonprofit sector continues to grow, 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 work of efficient charities such as The Friends of the Saint Paul Public Library, and provides donors with essential information needed to give them greater confidence in the charitable choices they make.
Based on the most recent financial information available, Charity Navigator has calculated a 4-star rating for The Friends of the Saint Paul Public Library for its ability to efficiently manage and grow its finances. Fewer than 25% of the charities evaluated receive this “exceptional” designation from Charity Navigator, a classification that differentiates The Friends from its peers, and demonstrates to the public it is worthy of their trust. Receiving four out of a possible four stars indicates that The Friends 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.
Data-Driven Analysis
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Since its founding on April 15, 2002, Charity Navigator’s professional analysts have examined tens of thousands of non-profit financial documents and have used this knowledge to develop an unbiased, objective, numbers-based rating system to assess the financial health of over 5,500 of America’s best-known charities. Each charity is awarded an overall rating, ranging from zero to four stars. Charity Navigator accepts no funding from the charities they evaluate, ensuring that ratings remain objective.
About Charity Navigator
The mission of Charity Navigator, a nonprofit itself, is to be a “guide to intelligent giving,” and its impact on American giving cannot be overstated. Millions of donors visit the site annually with the vast majority indicating that Charity Navigator is the sole or primary resource they use to make their charitable giving decisions.
