Energy Outreach Colorado (EOC) received a score of 97%, earning a 4-star rating from Charity Navigator for the 22nd consecutive year for demonstrating strong financial health and a commitment to accountability and transparency.
EOC’s exceptional score is calculated from multiple beacon scores, weighted as follows: 80% Accountability & Finance, 10% Leadership & Adaptability, 10% Culture & Community. EOC maintains a very high Program Expense Ratio, which measures how much of a nonprofit’s funding is used on programs and services.
“Our dedication to serving those in need and being good stewards of our supporter’s gifts is at the core of our mission” said Tess Richey, director of development. “We are grateful for this recognition and are excited to continue our ongoing efforts to make a meaningful difference in the lives of Coloradans.”
This recognition is Charity Navigator’s highest rating and acknowledges that EOC 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.
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