MUST Ministries is again the honored recipient of a four-star rating from Charity Navigator, the watchdog organization’s highest distinction for dependability and excellence.
Charity Navigator is the nation’s largest and most-utilized charity evaluator, rating charities on a one-to-four scale based on their financial health, accountability and transparency.
According to Michael Thatcher, President and CEO of Charity Navigator, only a quarter of rated charities have achieved the four-star distinction.
“This is our highest possible rating and indicates that MUST adheres to sector best practices and executes its mission in a financially efficient way,” Thatcher wrote in a letter to MUST. “Attaining a 4-star rating verifies that MUST Ministries exceeds industry standards and outperforms most charities in your area of work.”
According to MUST’s latest financial reports, the organization spends 85 cents of every dollar on its program services providing those in need with food, housing, employment services and clothing. The remaining 15 cents goes toward a combination of development and administrative expenses.
“Donors want to know which charities to trust. This distinction demonstrates that MUST is among America’s most fiscally stable and efficient,” said MUST President and CEO Ike Reighard. “We take our stewardship role very seriously and are blessed to have served 30,000 people in need in the last year.” Eighty percent of MUST’s clients are women and children, he stated.