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:
“Just as men must give up economic control when their wives share the responsibility for the family’s financial well-being, women must give up exclusive parental control when their husbands assume more responsibility for child care.”
—Augustus Y. Napier (20th century)