Financial Accountability
According to the organization, more than 99% of OBI’s spending goes toward humanitarian programs. Forbes magazine called OBI one of “America’s Most Efficient Charities,” and OBI was awarded Charity Navigator’s coveted 4-star rating for sound fiscal management for the 7th year in a row (2011), a feat that only 2% of rated charities have ever achieved. Additionally, The Chronicle of Philanthropy currently ranks OBI as the 23rd largest charity and the 6th largest international charity. Operation Blessing is a member of the Evangelical Council for Financial Accountability (ECFA), and is audited annually by KPMG, LLP.
Read more about this topic: Operation Blessing International
Famous quotes containing the word financial:
“In full view of his television audience, he preached a new religion—or a new form of Christianity—based on faith in financial miracles and in a Heaven here on earth with a water slide and luxury hotels. It was a religion of celebrity and showmanship and fun, which made a mockery of all puritanical standards and all canons of good taste. Its standard was excess, and its doctrines were tolerance and freedom from accountability.”
—New Yorker (April 23, 1990)