Giving in a Recession: Children’s Aid Society of New York Earns “Exceptional” 4-Star Rating Eight Years in a Row!
Investment portfolios may be slumping, and jobs may be less secure, but a majority of Americans who give to charity still plan to donate as much this year as in 2008, according to a new survey. More than 52 percent of donors said their gifts would equal last year's, while just 17.5 percent planned to give less. In our current recession, it's all the more important to have confidence that your donation is going to those who need it. The Children's Aid Society of New York City creates programs that improve children's health, education and welfare, making a difference for so many for over 150 years.
As it assists 150,000 children and families each year, The Children's Aid Society of New York City commits an exemplary 90 cents of every dollar donated directly to its children's services, an extraordinary number.
This high percentage, among other qualities, has earned The Children's Aid Society of New York a four-star "Exceptional" rating, on Charity Navigator the nation's largest and most-used evaluator of charities. The Exceptional rating is a powerful statement of fiscal integrity, meaning that Children's Aid significantly outperforms most other charitable organizations.
We have just learned that Charity Navigator ranks The Children's Aid Society as number 3 among the Top Ten Charities with the Most Consecutive Four Star Ratings! Children's Aid has held its 4-Star rating for eight years in a row. In posting the rankings on its website, Charity Navigator remarked that:
"To be successful, organizations must be high performers consistently, year after year. These ten charities are the first to earn 8 consecutive 4-star ratings demonstrating an ongoing fiscal excellence. They are well-positioned to pursue and achieve long-term change."
Charity Navigator is the industry standard for rating the financial responsibility of non-profit organizations, provides information for consumers about donations and how they are used -- to the people who need it or to overhead.
The Children's Aid Society's work and dedication is as important as ever. It's good to know that your donation gets to the child who needs education or healthcare or a new home and provides the supports needed to help him or her become a successful, productive, happy and healthy adult.