Is Knox District Housing Legit?

Spending Breakdown

How Knox District Housing 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 Knox District Housing

Is Knox District Housing a legitimate charity?

Based on AI analysis of IRS 990 filings, Knox District Housing (EIN: 10405256) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.

Is Knox District Housing a good charity to donate to?

Knox District Housing has a Mission Score of 45/100. Revenue: $133K. Assets: $349K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Knox District Housing?

The Employer Identification Number (EIN) for Knox District Housing is 10405256. 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 Knox District Housing spend its money?

Knox District Housing allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Knox District Housing's tax-exempt status?

You can verify Knox District Housing's tax-exempt status using EIN 10405256 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

Knox District Housing consistently operates with a deficit, as evidenced by expenses exceeding revenue in all reported periods. For example, in 2024, expenses were $160,301 against revenues of $132,625. This trend has led to a significant decline in assets over the past decade, from $681,130 in 2015 to $349,356 in 2024. Concurrently, liabilities have remained high, consistently exceeding assets, indicating a precarious financial position. The organization's financial health appears to be deteriorating, with a negative net asset position that has worsened over time.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent operating deficits suggest that current revenue streams are insufficient to cover ongoing operational costs. The absence of reported officer compensation indicates a potential reliance on volunteer leadership, which can be a positive for efficiency, but the overall financial trend remains concerning. Transparency is good in terms of filing history, but a more granular expense breakdown would enhance understanding of spending efficiency.

Given the consistent operating deficits and declining asset base, Knox District Housing faces significant financial challenges. While the lack of officer compensation is a positive, the organization's long-term sustainability is questionable without a substantial increase in revenue or a reduction in expenses. The high liabilities relative to assets also pose a considerable risk.

Verdict: Knox District Housing shows mixed signals

Red Flags

Strengths