WASHINGTON, May 8, 2014 (GLOBE NEWSWIRE) -- The Colon Cancer Alliance has received Charity Navigator's coveted 4-star rating for the fourth year in a row. The 4-star rating, Charity Navigator's highest, is given to nonprofits that practice exceptional fiscal responsibility and governance in fulfilling their mission.
"The Colon Cancer Alliance's coveted 4-star rating puts it in a very select group of high-performing charities," says Ken Berger, President and CEO of Charity Navigator. "Out of the thousands of nonprofits Charity Navigator evaluates, only one out of four earns 4 stars -- a rating that, now, with our new Accountability and Transparency metrics, demands even greater rigor, responsibility and commitment to openness. The Colon Cancer Alliance's supporters should feel much more confident that their hard-earned dollars are being used efficiently and responsibly when it acquires such a high rating."
Only 7% of the charities Charity Navigator rates have received at least four consecutive 4-star evaluations, indicating that Colon Cancer Alliance outperforms most other charities in America. This exceptional designation from Charity Navigator differentiates the Colon Cancer Alliance from its peers and demonstrates to the public it is worthy of their trust. In fact, 86 cents of every dollar raised at the Colon Cancer Alliance goes directly to their lifesaving programs.
Founded in 2001, Charity Navigator has become the nation's largest and most-utilized evaluator of charities. Charity Navigator's rating system examines two broad areas of a charity's performance: their financial health and their accountability and transparency. The organization reviews charities' financial documents and considers how they expect a charity will use donors' support today, how well it has sustained its programs and services over time and their level of commitment to good governance, best practices and openness with information.
"We are honored by this rating," says Eric Hargis, Colon Cancer Alliance CEO. "The Colon Cancer Alliance is committed to using our financial resources wisely and to the best benefit of our community. Through the dedication of our volunteers and the guidance of our board we strive to make every dollar count. Our donors are instrumental to our work and we appreciate the trust they put in us."
The Colon Cancer Alliance's rating and other information about charitable giving are available free of charge at charitynavigator.org .
The Colon Cancer Alliance's mission is to knock colon cancer out of the top three cancer killers. This mission is being accomplished by championing prevention, funding cutting-edge research and providing the highest quality patient support services. Learn more at ccalliance.org .
A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=25238
Colleen Pyra, (949) 554-4098
