FOR IMMEDIATE RELEASE
Denise Stepto | Chief Communications Officer |303-945-1769
Denver, CO –August 2, 2022 –
Energy Outreach Colorado (EOC) has been named one of the Top 10 charities who have received the most consecutive 4-Star ratings from Charity Navigator as demonstrated through strong financial health and commitment to accountability and transparency. EOC has earned this important recognition for 21 years in a row.
EOC’s exceptional finance score is a result of its very high Program Expense Ratio, which measures how much of a nonprofit’s funding is used on programs and services. On average, 94.6% directly impacts our participants lives. In addition, EOC received a perfect score of 100 on Accountability and Transparency demonstrating their superb commitment to governance and policies.
This recognition is Charity Navigator’s highest rating and acknowledges that this organization adheres to sector best practices and executes its mission in a financially efficient way.
Charity Navigator is the nation’s largest independent charity evaluator and leading donor advocate. They research and share their thoughts on emerging nonprofit-sector issues and offer tips to better inform intelligent philanthropic decisions.
Energy Outreach Colorado has been a leading expert on issues impacting income-qualified energy consumers for more than 30 years. Through strong public and private partnerships, the statewide nonprofit has raised and leveraged millions of dollars to reduce energy costs and usage for Coloradans.