St. Paul, Minn. - September 17, 2007 - For the second
year in a row, Charity Navigator, America's premier charity evaluator, has awarded Common
Hope with their four-star, "exceptional" rating for sound fiscal
management. Common Hope is a non-profit
dedicated to improving the lives of families in Guatemala.
Only twelve percent of
charities receive two consecutive four-star evaluations, which is the highest
honor. "This is an indication that Common Hope outperforms most charities in America in its efforts to operate in the most fiscally
responsible way possible," said Trent Stamp, executive director of Charity
Navigator.
The fiscal responsibility
refers to Common Hope's three-year average of using 84 percent of funds
on programs in Guatemala. This
efficiency allows Common
Hope to serve over
8,000 impoverished children and adults each year, providing access to
opportunities in education, health care, and housing so they can achieve a
better life.
The New York Times,
National Public Radio and the Chronicle of Philanthropy, among others, have
profiled Charity Navigators unique method of applying data driven analysis to
the charitable sector. Charity Navigator
evaluates ten times as many charities than other competitive charity evaluators,
making the top four-star award truly an honor.
