Is Knights Of Columbus Legit?

Strengths

Consistent revenue growth, from $31,960 in 202106 to $130,570 in 202306.
Zero reported liabilities across all filing periods, indicating strong financial management.
Volunteer-based leadership with 0% officer compensation reported.
Growing asset base, increasing from $33,763 in 202006 to $99,374 in 202306.
Positive net income in recent years, such as $27,070 in 202306 ($130,570 revenue - $103,500 expenses).

Spending Breakdown

How Knights Of Columbus allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Knights Of Columbus

Is Knights Of Columbus a legitimate charity?

Based on AI analysis of IRS 990 filings, Knights Of Columbus (EIN: 200389348) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.

Is Knights Of Columbus a good charity to donate to?

Knights Of Columbus has a Mission Score of 85/100. Revenue: $180K. Assets: $106K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Knights Of Columbus?

The Employer Identification Number (EIN) for Knights Of Columbus is 200389348. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Knights Of Columbus spend its money?

Knights Of Columbus allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Knights Of Columbus's tax-exempt status?

You can verify Knights Of Columbus's tax-exempt status using EIN 200389348 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Knights Of Columbus in Council Bluffs, IA, demonstrates a generally stable financial position with consistent revenue growth over the past few years, culminating in $130,570 in revenue and $103,500 in expenses for the 202306 period. The organization consistently reports zero liabilities, indicating strong financial management and a lack of debt. Their assets have also shown a positive trend, increasing from $33,763 in 202006 to $99,374 in 202306, suggesting a healthy accumulation of resources. The absence of officer compensation reported across all filings indicates a volunteer-driven leadership, which is a positive sign for donor confidence and efficient use of funds.

While specific program spending details are not provided in the summary data, the overall financial health appears sound. The organization's ability to operate without incurring liabilities and its growth in assets suggest a well-managed entity. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a complete assessment of spending efficiency is challenging. The consistent reporting of zero officer compensation is a significant strength in terms of transparency and cost-effectiveness.

Overall, the Knights Of Columbus appears to be a financially responsible organization, characterized by steady growth, no reported debt, and a volunteer leadership structure. Further transparency regarding the allocation of expenses would enhance the understanding of its operational efficiency and program impact.

Verdict: Knights Of Columbus appears trustworthy