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:
“What people don’t realize is that intimacy has its conventions as well as ordinary social intercourse. There are three cardinal rules—don’t take somebody else’s boyfriend unless you’ve been specifically invited to do so, don’t take a drink without being asked, and keep a scrupulous accounting in financial matters.”
—W.H. (Wystan Hugh)