Oceana Receives Coveted 4-Star Rating for Sound Fiscal Management
Press Release Date: May 18, 2011
Location: Washington, DC
Washington DC – For the third year in a row, Oceana has received Charity Navigator’s coveted 4-star rating for sound fiscal management.
Charity Navigator, the nation’s largest and most-utilized evaluator of charities, rates charities based on their financial health. They evaluate the organizational efficiency and organizational capacity of charities in order to show donors how efficiently their prospective donations would be used.
According to Charity Navigator, only 13% of the charities they rate have received at least 3 consecutive 4-star ratings for their ability to efficiently manage and grow their finances.
“Our third straight 4-star rating by Charity Navigator is a testament to Oceana’s approach,” said Oceana Chief Executive Officer Andrew Sharpless. “To be repeatedly acknowledged as an organization worthy of the public’s trust validates our focus on organizational effectiveness and winning concrete policy victories for the oceans – including recently ending the practice of all trawling in Belize and helping prohibit shark finning in U.S. waters.”
Charity navigator considers the 4-star rating an “exceptional designation” as it indicates that Oceana continually executes its mission in a fiscally responsible way and outperforms most other charities in America.
Click here for Charity Navigator’s financial assessment of Oceana
Oceana is the largest international advocacy group working solely to protect the world’s oceans. Oceana wins policy victories for the oceans using science-based campaigns. Since 2001, we have protected over 1.2 million square miles of ocean and innumerable sea turtles, sharks, dolphins and other sea creatures. More than 500,000 supporters have already joined Oceana. Global in scope, Oceana has offices in North, South and Central America and Europe. To learn more, please visit www.oceana.org.