Alpha House Ranked 4th on Top Charity List
Alpha House was recently listed on the Top Ten List of Best Charities in Tampa Bay by Charity Navigator. Alpha House received a rank of 97.9%. This placed Alpha House fourth on the list of Top Ten Charities in the area. Alpha House uses 83.4% of all revenue to fund programs and services, a key factor in the high ranking. At Alpha House, we strive to be fiscally responsible to our clients and the community. This ranking shows that all our hard work is paying off in terms of getting needed services to the members of the community we serve.
Charity Navigator, which evaluates 8,000 charitable organizations across the country, has updated its rating system in order to more accurately represent a charity’s financial health. The organization assigns scores to nonprofits based on financial health and accountability and transparency. The financial health score includes factors such as percentage of revenue that goes to program expenses as opposed to fundraising and administrative costs, working capital ratio and the ratio of liabilities to assets.