Is Knights Of Columbus Legit?

The Knights Of Columbus, EIN 20356689, demonstrates consistent financial stability with a healthy asset base relative to its revenue. Over the past decade, assets have steadily grown from $296,773 in 2014 to $427,037 in 2024, indicating sound financial management and accumulation of resources. The organization consistently reports zero liabilities, which is a strong indicator of financial health and low risk. Revenue and expenses have fluctuated but generally remain balanced, with the organization often generating a surplus, such as in 2024 where revenue was $235,277 against expenses of $223,601. Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that the organization's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation on the 990, which can contribute to a higher proportion of funds being directed towards programs. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio is difficult to calculate, but the absence of executive compensation is a positive sign for donor confidence. Transparency is good in terms of financial reporting, with 13 filings available, demonstrating a consistent commitment to public disclosure. The consistent reporting of zero liabilities and zero officer compensation enhances trust. However, the lack of a specific NTEE code and detailed expense breakdowns beyond total expenses limits a deeper analysis of program focus and administrative overhead. Overall, the organization appears to be a financially sound and responsibly managed entity.