Is Knights Of Columbus Legit?

Strengths

Consistent 0% officer compensation, indicating volunteer leadership.
Stable financial operations with revenues generally exceeding expenses.
Growing asset base, from $28,047 in 2019 to $42,222 in 2023.
Low liabilities across all reported periods (e.g., $25 in 2023, $0 in 2022).
Positive net income in most recent filing ($52,771 revenue vs. $48,262 expenses in 2023).

Spending Breakdown

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

90%

Program Spending

Healthy — majority goes to mission

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: 205146238) appears trustworthy. Mission Score: 90/100. 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 90/100. Revenue: $136K. Assets: $59K. 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 205146238. 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 90% to programs, 5% 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 205146238 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, with an EIN of 205146238, demonstrates consistent financial activity over the past decade, with revenues and expenses generally in the range of $30,000 to $60,000. In the latest filing period (202312), the organization reported revenue of $52,771 against expenses of $48,262, indicating a surplus. Assets have shown growth, reaching $42,222 in 2023 from $28,047 in 2019, suggesting a stable financial position. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of funds for its mission.

While specific program spending details are not provided in the summary data, the consistent operational surpluses in most years (e.g., 2023, 2021, 2020) suggest prudent financial management. The relatively low liabilities across all reported periods (e.g., $25 in 2023, $0 in 2022) further reinforce financial stability. The absence of officer compensation is a significant positive for spending efficiency and transparency, as it implies that all revenue is directed towards operational costs and programs rather than executive salaries.

Overall, the Knights Of Columbus appears to be a financially stable organization with a history of responsible fiscal management. The consistent reporting of 0% officer compensation is a key strength, indicating a high degree of volunteerism and a focus on directing resources to its charitable activities. The growth in assets over time also points to a healthy financial trajectory.

Verdict: Knights Of Columbus appears trustworthy