Is Knights Of Columbus Legit?

The Knights Of Columbus, EIN 20154973, demonstrates consistent financial activity typical of a smaller, local fraternal organization. With latest reported revenue of $82,687 and assets of $284,929, the organization maintains a stable asset base. Over the past decade, revenues have fluctuated, with a notable dip in 2018 ($10,493) but generally remaining in the $60,000-$95,000 range. Expenses have also varied, occasionally exceeding revenue, such as in 2023 where expenses were $82,242 against $59,089 in revenue, indicating a deficit for that period. However, the organization consistently reports $0 in liabilities, suggesting a strong balance sheet and no outstanding debt. The organization's spending efficiency appears reasonable for its size, though specific program spending details are not provided in the summary data. The consistent reporting of 0% officer compensation across all filings indicates that leadership is likely volunteer-based, which is a positive sign for donor confidence and resource allocation directly to the mission. The absence of liabilities further reinforces a fiscally responsible approach. Transparency is high given the consistent filing of IRS Form 990s and the clear reporting of key financial metrics, including no executive compensation.