Tuesday, February 22, 2011

Kiva Receives Top Rating from Charity Navigator

We have some exciting news to share! Kiva just has received a 4 star rating (the highest rating possible) from Charity Navigator, America's largest independent charity evaluator! This rating system works to advance a more efficient and responsive philanthropic marketplace by evaluating the financial health of over 5,500 of America's largest charities.

"Approximately a quarter of the charities we evaluate have received our highest rating, indicating that Kiva executes its mission in a fiscally responsible way, and outperforms most other charities in America," said Ken Berger, President and CEO, Charity Navigator.

The rating system examines two areas of a charity's financial health - how responsibly it functions on a daily basis and how well positioned it is to sustain its programs over time. Charity Navigator aims to help donors make informed decisions, while also highlighting effective charities.

We are excited to have received this coveted rating! For more information, please see our official release.