WTCI has again earned a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. This is the 3rd consecutive time that WTCI has earned the top distinction since 2009.
Since 2002 Charity Navigator has awarded only the most fiscally responsible organizations a 4-star rating, officials said.
In 2011, Charity Navigator added a second dimension of Accountability and Transparency (A&T) to its rating methodology, and now reviews 17 governance and ethical practices as well as measures of openness, providing information on its web site for each of the charities it evaluates.
The A&T metrics account for 50 percent of a charity’s overall rating and reveal which charities have “best practices” that minimize the chance of unethical activities and whether they freely share basic information about their organization with their donors and other stakeholders.
“WTCI’s coveted 4-star rating puts it in a very select group of high-performing charities,” said Ken Berger, president and CEO, Charity Navigator. “Out of the thousands of nonprofits Charity Navigator evaluates, only one out of four earns 4 stars – a rating that demands great rigor, responsibility and commitment to openness. WTCI’s supporters should feel confident that their hard-earned dollars are being used efficiently and responsibly when it acquires such a high rating.”
“In the current economic environment, it’s important our donors trust that we’re using our funding wisely to accomplish WTCI’s mission to enrich lives through quality programs and services that educate, engage, and inspire a lifetime of learning and exploration” said WTCI president and CEO Paul Grove. “Our 4-star Charity Navigator rating demonstrates to our supporters that we take our fiduciary and governance responsibilities very seriously.”