IDEX has been named a 4-star charity by Charity Navigator, the largest independent evaluator of charities in the US. IDEX has been awarded a 4-star rating for exceeding industry standards.

“Receiving four out of a possible four stars indicates that IDEX adheres to good governance and other best practices. Approximately a quarter of the charities we evaluate received our highest rating, indicating that IDEX outperforms most other charities in America,” states Ken Berger, President and Chief Executive Officer at Charity Navigator. “This ‘exceptional’ designation differentiates IDEX from its peers and demonstrates to the public it is worthy of their trust.”

“We very much appreciate Charity Navigator’s recognition. Their 4-star rating underscores IDEX’s sound fiscal management and our commitment to accountability and transparency,” says Vini Bhansali, IDEX’s Executive Director.

Charity Navigator rates charities by evaluating two broad areas of financial health: organizational efficiency and organizational capacity. Under organizational efficiency, they consider the ratio of money spent on core programs in relation to the amount spent on staffing, fundraising, and administration. Under organizational capacity, they analyze an organization’s ability to sustain programs over time and maximize resources towards its mission.

“IDEX grants to our partners come entirely from our community of supporters and we strive to put your generous contributions to good use, for work that is not only important but also effective,” adds Vini. “My hope is that this rating will give our supporters the added assurance that a gift to IDEX is well-managed and a wise investment in lasting solutions to poverty and injustice.”

See IDEX’s profile on Charity Navigator here: http://www.charitynavigator.org/index.cfm?bay=search.summary&orgid=6372

More information on Charity Navigator can be found on their website: www.charitynavigator.org

« Previous Post

Next Post »