Knights Of Columbus
Knights Of Columbus shows fluctuating revenue, consistent asset growth, and zero officer compensation.
EIN: 10684581 · Scottsdale, AZ · Updated: 2026-03-28
Is Knights Of Columbus Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Knights Of Columbus directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Knights Of Columbus
Knights Of Columbus (EIN: 10684581) is a nonprofit organization based in Scottsdale, AZ. The organization reported total revenue of $130K and total assets of $80K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Knights Of Columbus's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Knights Of Columbus is a small nonprofit that has been operating for 86 years, with 11 years of IRS 990 filings on record (2009–2024). Revenue has grown at a compound annual rate of 11.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $80K |
| Total Expenses | $67K |
| Surplus / Deficit | +$13K |
| Total Assets | $57K |
| Net Assets | $57K |
| Operating Margin | 16.6% |
| Months of Reserves | 10.3 months |
Financial Health Grade: A
In 2024, Knights Of Columbus reported a surplus of $13K with revenue exceeding expenses, holds 10.3 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2009–2024), Knights Of Columbus's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +10.8% | -24.4% | +30.3% |
| 2023 | +0.9% | +62.9% | -26.9% |
| 2022 | +197.0% | +2850.0% | +40.9% |
| 2021 | -30.8% | -92.2% | -1.8% |
| 2020 | -42.1% | -73.4% | +34.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1940 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Knights Of Columbus with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Knights Of Columbus allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is run entirely by volunteers or that any compensation falls below reporting thresholds, which is highly efficient for an organization of its size with revenues ranging from $24,051 to $79,878.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Knights Of Columbus's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $72,081 in 202306 vs. $24,051 in 202106)
- Expenses exceeded revenue in multiple periods (e.g., 202306, 201906, 201506, 201406), indicating potential reliance on reserves or prior year surpluses.
Strengths
The following positive indicators were identified for Knights Of Columbus:
- Consistent reporting of zero officer compensation, indicating high efficiency and volunteer leadership.
- Zero reported liabilities across all filings, demonstrating strong fiscal responsibility.
- Consistent growth in assets over the long term, from $28,189 in 201506 to $56,919 in 202406, indicating financial stability.
- Regular IRS 990 filings, showing commitment to transparency and compliance.
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: 10684581) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Knights Of Columbus spend its money?
Knights Of Columbus directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Knights Of Columbus tax-deductible?
Knights Of Columbus is registered as a tax-exempt nonprofit (EIN: 10684581). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Knights Of Columbus a good charity?
Based on the provided data, Knights Of Columbus appears to be a fiscally responsible organization with no reported liabilities and zero officer compensation, suggesting a high dedication to its mission and efficient use of funds. Its assets have grown over time, indicating financial stability. However, without detailed program spending data, a complete assessment of its charitable impact is limited.
How does the organization manage its finances given fluctuating revenues?
The organization experiences significant revenue fluctuations, such as $24,051 in 202106 compared to $79,878 in 202406. Despite this, it has consistently maintained zero liabilities and grown its assets from $28,189 in 201506 to $56,919 in 202406, suggesting prudent financial management and possibly a strong reserve strategy to weather lean years.
What is the impact of zero officer compensation on the organization?
Zero officer compensation means that no funds are diverted from the organization's mission to pay executives, which is a significant strength. This structure likely allows a greater proportion of revenue to be directed towards programs or operational needs, enhancing its efficiency and demonstrating a strong volunteer-driven model.
Filing History
IRS 990 filing history for Knights Of Columbus showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2009–2024), Knights Of Columbus's revenue has grown by 434%, moving from $15K to $80K. Total assets increased by 691.8% over the same period, from $7K to $57K. Total functional expenses rose by 216%, from $21K to $67K. In its most recent filing year (2024), Knights Of Columbus reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $80K | $67K | $57K | $0 | — | — |
| 2023 | $72K | $88K | $44K | $0 | — | View 990 |
| 2022 | $71K | $54K | $60K | $0 | — | View 990 |
| 2021 | $24K | $2K | $42K | $0 | — | View 990 |
| 2020 | $35K | $24K | $43K | $0 | — | View 990 |
| 2019 | $60K | $89K | $32K | $0 | — | View 990 |
| 2017 | $43K | $23K | $48K | $0 | — | View 990 |
| 2016 | $63K | $63K | $29K | $0 | — | View 990 |
| 2015 | $52K | $55K | $28K | $0 | — | View 990 |
| 2014 | $44K | $47K | $31K | $0 | — | View 990 |
| 2009 | $15K | $21K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $80K, expenses of $67K, and assets of $57K (revenue +10.8% year-over-year).
- 2023: Revenue of $72K, expenses of $88K, and assets of $44K (revenue +0.9% year-over-year).
- 2022: Revenue of $71K, expenses of $54K, and assets of $60K (revenue +197.0% year-over-year).
- 2021: Revenue of $24K, expenses of $2K, and assets of $42K (revenue -30.8% year-over-year).
- 2020: Revenue of $35K, expenses of $24K, and assets of $43K (revenue -42.1% year-over-year).
- 2019: Revenue of $60K, expenses of $89K, and assets of $32K (revenue +41.0% year-over-year).
- 2017: Revenue of $43K, expenses of $23K, and assets of $48K (revenue -32.3% year-over-year).
- 2016: Revenue of $63K, expenses of $63K, and assets of $29K (revenue +20.5% year-over-year).
- 2015: Revenue of $52K, expenses of $55K, and assets of $28K (revenue +17.3% year-over-year).
- 2014: Revenue of $44K, expenses of $47K, and assets of $31K (revenue +197.2% year-over-year).
- 2009: Revenue of $15K, expenses of $21K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Knights Of Columbus:
Data Sources and Methodology
This transparency report for Knights Of Columbus is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.