We did it…again!
Charity Navigator, America's largest and most-utilized independent evaluator of charities, has awarded Room to Read its coveted 4-star rating for sound fiscal management for the fourth consecutive year in a row. Only 8 percent of their rated charities can claim what Charity Navigator says demonstrates to the public a charity that is "worthy of their trust."
Charity Navigator uses a unique method of applying data-driven analysis to the charitable sector – focusing on accountability, transparency and measurable results – to help savvy donors evaluate which charity is going to make the most effective and efficient use of their philanthropic dollars. According to Ken Berger, Charity Navigator President and CEO, "Room to Read consistently executes its mission in a fiscally responsible way, and outperforms most other charities in America." That’s a bold statement coming from a charity evaluator that assesses ten times more charities than its competitors and which influenced an estimated $10 billion in charitable gifts last year alone.
"Receiving this honor for the fourth year in a row places us in an elite class and goes a long way in reinforcing the confidence our donors have in their investment in our work," said John Wood, Room to Read Founder and Executive Chairman. “From our beginning in 2000, we have taken an entrepreneurial and creative approach to running a tight ship. I have used over 4 million donated frequent flier miles to travel the world, and in numerous cities hotels provide free rooms. Credit Suisse provides no-cost office space in Hong Kong, London and Tokyo, and over 3,000 volunteers run fund-raising chapters in 45 cities around the world. Room to Read’s consistent four-star rating is a reflection of this commitment to putting our investors’ money where it is most needed: into quality and scalable education programs in over 10,000 cities across the developing world.”
This news comes on the heels of our recognition as a “high-impact giving” organization in Barron’s 2009 “25 Best Philanthropists” issue, ranking 11th on the list.
Click here to visit the Room to Read page on the Charity Navigator website for more information.