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Boston's Best

Boston's BestTufts received the highest rating of Boston-area nonprofits – and ranked 7th among the country’s universities – according to a comprehensive national survey.

Medford/Somerville, Mass. [11.12.02] Tufts University received the highest rating among Boston-area nonprofits, according to a comprehensive survey conducted by Charity Navigator - a national organization that evaluated 1,700 of the nation's leading non-profit organizations. Among its peers in higher education, Tufts also rated extremely well, receiving the 7th highest score among the nation's colleges and universities.

"Tufts University was the top-ranked Boston-area [nonprofit], with four stars and a score of 68.55 out of a possible 70," reported The Boston Globe. "The university's score was three points higher than that of Harvard University."

Using a wide-range of data from each nonprofit, New Jersey-based Charity Navigator evaluates the financial health of thousands of nonprofits and charities nationwide.

"[The site] provides free financial evaluations and zero- to four-star fiscal ratings," reported Money Magazine. "Using data from charity tax returns, Charity Navigator evaluates a nonprofit's day-to-day efficiency based on the amounts spent on fund raising, administration and programs. The group also assesses the institution's long-term financial stability by examining the growth in operating revenue, program expenses and working capital."

More than 71 nonprofits in the greater Boston area were evaluated, including the Dana Farber Institute, New England Aquarium, Whitehead Institute, Woods Hole Oceanographic Institute and WGBH, Boston's public television network.

Tufts' four-star rating of 68.55 - described by the Charity Navigator as "exceptional" for exceeding industry standards - was the area's best.

Among the colleges and universities rated on the site, Tufts' score was the 7th highest in the country, topping Princeton, Yale, Stanford, Harvard, MIT, Dartmouth, Cornell and Northwestern, among others.

Charity Navigator's website - which was launched in 2001 -- has been profiled in newspapers and magazines across the country, including Business Week, The Washington Post and the Chronicle of Philanthropy.

 

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