DENVER BUSINESS JOURNAL - Denver ranks low on the totem poll when it comes to how charitable it is, according a new report from Charity Navigator.
The city is 22nd out of the 30 largest metros in the report.
Charity Navigator, a Mahwah, New Jersey-based nonprofit organization that rates and provides information on charities, compiles its annual study of the 130 largest nonprofits in the city by looking at metrics across three categories:
- Financial, which includes program, administrative and fundraising expenses, efficiency, program expenses growth, working capital ratio and liabilities to assets.
- Accountability and transparency, which includes donor privacy policies, form 990 online, audited financial statements online, and board and senior staff online.
- Size, including total contributions, revenue and expenses, excess and total assets, liabilities and net assets, as well as CEO compensation.
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