Catholic Charities Providing help. Creating hope.

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 on the Charity Navigator web site.

Catholic Charities ranks in top 1 percent
for fiscal responsibility

Venice—Catholic Charities, Diocese of Venice, Inc., which operates 31 programs throughout 10 counties in Southwest Florida, ranks in the top 1 percent of charities nation wide for fiscal responsibility. Charity Navigator, the largest independent evaluator of charities in the country, awarded the organization the highest four-star rating for the sixth consecutive year, earmarking the coveted distinction.

“Only 1 percent of the charities we have rated received six consecutive four-star evaluations,” said Trent Stamp, president of Charity Navigator. The ranking indicates that Catholic Charities, Diocese of Venice outperforms most charities in America in its management of donations. Stamp said Catholic Charities, Diocese of Venice demonstrated “exceptional financial health.”

Charity Navigator evaluates charities in two broad areas of financial health: their organizational efficiency and their organization capacity. A set of financial ratios or performance categories to rate each of these two areas are used and an overall rating is issued that combines the charity’s performance in both areas.

“We are truly excited to receive the award for six years,” said Peter Routsis-Arroyo, president/CEO of Catholic Charities, Diocese of Venice. “This exceptional four-star rating demonstrates that our Catholic Charities organization is worthy of donors’ trust.”

Catholic Charities USA, the flagship organization for the network of Catholic Charities agencies across the nation, was ranked 8^th in Charity Navigator’s Top Ten List of Slam Dunk Charities, according to Stamp. “At Charity Navigator we scrutinized the financial health of more than 5,300 of the best-known charities in America. Catholic Charities USA stands out not just as one of the most fiscally healthy, but also for their strong commitment to respecting the rights of donors,” Stamp said.

Charity Navigator is a nonprofit organization that helps donors make informed decisions. By accepting no advertising or donations from the organizations it evaluates, Charity Navigator ensures that its evaluations are unbiased. The ratings are available for free at the organization’s web site.

“I hope our donors will use the Charity Navigator web site to see for themselves how and why Catholic Charities, Diocese of Venice again received this high rating,” Routsis-Arroyo said. “One visit will provide further assurance that we strive to make the maximum use of all funds we receive, whether they come from individuals, parishes, grants, foundations or businesses.” 

Catholic Charities, Diocese of Venice, Inc. serves the needy in the 10-county area of Southwest Florida regardless of race, color or creed.

For more information about Charity Navigator visit www.charitynavigator.org.