Feed More’s strong financial health and commitment to accountability and transparency have earned it a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. This is the thirteenth consecutive time that Feed More has earned this top distinction.
“It’s important our donors trust that we’re using their donations wisely to further Feed More’s mission and serve the more than 193,000 food insecure individuals in central Virginia,” said Doug Pick, Feed More’s President and CEO. “Our 4-star Charity Navigator rating over the last 13 consecutive years demonstrates to our supporters our good governance and financial responsibility.”
Since 2002, using objective analysis, Charity Navigator has awarded only the most fiscally responsible organizations a 4-star rating. In 2011, Charity Navigator added 17 metrics, focused on governance and ethical practices as well as measures of openness, to its ratings methodology. These Accountability & Transparency metrics, which account for 50 percent of a charity’s overall rating, reveal which charities operate in accordance with industry best practices and whether they are open with their donors and stakeholders. On June 1, 2016, we upgraded our methodology for rating each charity’s financial health with CN 2.1. These enhancements further substantiates the financial health of our four star charities.
“Feed More’s exceptional 4-star rating sets it apart from its peers and demonstrates its trustworthiness to the public,” according to Michael Thatcher, President & CEO of Charity Navigator. “Only a quarter of charities rated by Charity Navigator receive the distinction of our 4-star rating. This adds Feed More to a preeminent group of charities working to overcome our world’s most pressing challenges. Based on its 4-star rating, people can trust that their donations are going to a financially responsible and ethical charity when they decide to support Feed More.”