Mercy Achieves 4-Star Charity Rating—Again!
June 9, 2016
For the eighth time, Mercy Multiplied has garnered the most coveted 4-star rank from Charity Navigator, America’s largest independent charity evaluator. Mercy’s sound fiscal management and commitment to accountability and transparency places them among a select, high-performing quarter of rated charities.
This “exceptional” designation differentiates Mercy from its peers and verifies that Mercy “adheres to sector best practices and executes its mission in a financially efficient way,” Michael Thatcher, Charity Navigator President and CEO, wrote in a congratulatory letter addressed to Mercy Founder and President, Nancy Alcorn.
Since 1983, Mercy Multiplied’s Christian residential program has provided hope and healing to thousands of young women struggling with life-controlling issues. Throughout its 33-year history, Mercy has operated on its three foundational principles: (1) accept girls free of charge; (2) always give at least ten percent of all donations to other organizations and ministries; and (3) do not take any state or federal funding or any money that interferes with the freedom to share Christ.
Mercy reports that for every dollar raised, over 84% is spent on direct program expenses. “It’s important that our donors trust we’re using our funds wisely and directly toward accomplishing our mission,” said Christy Singleton, Mercy Multiplied Executive Director. “Our multiple 4-star ratings demonstrate that we take stewardship very seriously.”
Mercy’s success rate shows the direct impact donors have in the lives of the young women Mercy serves. The results of an independent study conducted in 2013 showed that 94% of former Mercy residents surveyed responded “YES” when asked, “Did Mercy help you transform your life and restore your hope?”
With more than 1.5 million charities in America, high-performance evaluations like those of Charity Navigator help to accentuate the strong financial health and success rates of organizations like Mercy Multiplied and give donors confidence to make charitable decisions.