Zakat Foundation of America has once again received a four-star rating from Charity Navigator, America’s leading charity evaluator. Zakat Foundation of America has received this rating, the highest possible, for four out of the last five years.
Charity Navigator scores charities for transparency, accountability and wise use of donor funds. Zakat Foundation of America spends 94.4 cents of every dollar donated on program costs: orphan sponsorship, seasonal programs, emergency relief, sustainable development and others both in the United States and around the world. Only 3.1 cents on the dollar is used for administrative expenses.
The mission of Charity Navigator is to guide what it calls “intelligent giving” by putting information in the hands of donors in order to overcome persistent social challenges both locally and globally. Accountability is defined as an obligation or willingness by a charity to explain its actions to its stakeholders, while transparency is defined as an obligation or willingness by a charity to publish and make available critical data about the organization.
Charities’ financial health is evaluated through the analysis of program expenses, administrative expenses, fundraising expenses and fundraising efficiency, among other metrics, according to the forms charities submit to the IRS.
Donors are welcome to view Zakat Foundation of America’s financial and legal documents at https://www.zakat.org/legal/.