Akshaya Patra Earns Four-Star Certification from Charity Navigator
February 9, 2017
The Akshaya Patra Foundation USA was designated a 4-Star Rated Charity for "strong financial health and commitment to accountability and transparency". Read the designation letter from Michael Thatcher, CEO of Charity Navigator, below:
Akshaya Patra USA
92 Montvale Avenue
Stoneham, MA 02180
Dear Emily Rosenbaum:
On behalf of Charity Navigator, I wish to congratulate Akshaya Patra USA on attaining the coveted 4-star rating for demonstrating strong financial health and commitment to accountability and transparency.
The nonprofit sector is advancing and expanding. As our organizations evolve, so do the desires and interests of our supporters. Astute donors are yearning for greater accountability, transparency, and for concrete results from us. With more than 1.5 million American charities, Charity Navigator aims to accentuate the work of efficient and transparent organizations. The intent of our work is to provide donors with essential information to give them greater confidence in both the charitable decisions that they make and the nonprofit sector.
Based on the most recent information available, we have issued a new rating for your organization. We are proud to announce Akshaya Patra USA has earned our second consecutive 4-star rating. This is our highest possible rating and indicates that your organization adheres to sector best practices and executes its mission in a financially efficient way. Attaining a 4-star rating verifies that Akshaya Patra USA exceeds industry standards and outperforms most charities in your area of work. Only 25% of the charities we evaluate have received at least 2 consecutive 4-star evaluations, indicating that Akshaya Patra USA outperforms most other charities in America. This exceptional designation from Charity Navigator sets Akshaya Patra USA apart from its peers and demonstrates to the public its trustworthiness.
Forbes, Business Week, and Kiplinger's Financial Magazine, among others, have profiled and celebrated our unique method of applying data-driven analysis to the charitable sector. We evaluate ten times more charities than our nearest competitor and currently attract more visitors to our website than all other charity rating groups combined, thus making us the leading charity evaluator in America. Our data shows that users of our site donated more than they planned to before viewing our findings, and in fact, it is estimated that last year Charity Navigator influenced approximately $10
billion in charitable gifts
Your achievement and the 4-star rating will enhance your organization's fundraising and public relations efforts. Our favorable review of Akshaya Patra USA's financial health and commitment to accountability & transparency is now visible on our website.
We wish you continued success in your charitable endeavors.
President and CEO