Charity Navigator, an organization that evaluates nonprofits, has awarded City of Hope its highest rating for the fifth consecutive year, putting the institution in the top 5 percent of rated charities. The four-star rating reflects City of Hope’s sound fiscal management and financial growth and stability.
Charity Navigator is the leading charity evaluator in the U.S., reviewing the financial health of more than 5,500 of America’s largest charities. The organization provides those facts and figures to the public on its website, www.charitynavigator.org, where potential donors can research a charity before choosing to support one.
In addition to receiving Charity Navigator’s top rating, City of Hope landed on the Chronicle of Philanthropy’s Philanthropy 400 list for the 20th straight year. To see the complete 2010 list, visit http://philanthropy.com/stats.
“We are honored to be recognized as one of the nation’s top philanthropies once again by both Charity Navigator and the Chronicle of Philanthropy,” said Kathleen Kane, executive vice president of development and external affairs. “The commitment of City of Hope’s longtime donors and volunteers allows our scientists to conduct lifesaving research and we are dedicated to doing that work with the utmost efficiency and fiscal responsibility.”