Knights Of Columbus
Knights Of Columbus Charleston maintains zero liabilities and no officer compensation with modest revenue and asset growth.
EIN: 10839208 · Charleston, SC · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $55K |
| Total Expenses | $25K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $40,770 |
| Net Assets | $65K |
| Transparency Score | 75/100 |
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: 10839208) is a nonprofit organization based in Charleston, SC. The organization reported total revenue of $55K and total assets of $66K 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 micro nonprofit that has been operating for 86 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $41K |
| Total Expenses | $25K |
| Surplus / Deficit | +$15K |
| Total Assets | $65K |
| Net Assets | $65K |
| Operating Margin | 37.9% |
| Months of Reserves | 30.7 months |
Financial Health Grade: A
In 2023, Knights Of Columbus reported a surplus of $15K with revenue exceeding expenses, holds 30.7 months of operating reserves (strong position).
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 75 out of 100 (Good). 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reported 0% officer compensation, indicating that its leadership is entirely volunteer-based, which is commendable for a nonprofit of its size with $40,770 in revenue.
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:
- Limited financial detail beyond summary figures in available filings, making in-depth analysis challenging.
Strengths
The following positive indicators were identified for Knights Of Columbus:
- Zero liabilities reported, indicating strong financial health.
- No officer compensation, suggesting a volunteer-driven and mission-focused leadership.
- Positive net assets and growth from $64,735 to $65,960, demonstrating financial stability.
- Expenses ($25,304) are well below revenue ($40,770), allowing for asset accumulation.
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: 10839208) some concerns. Mission Score: 75/100. 1 red flag 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: 10839208). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Knights Of Columbus CEO make?
Knights Of Columbus's highest-compensated officer earns $40,770 annually. The organization reported $55K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Knights Of Columbus's spending goes to programs?
Knights Of Columbus directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Knights Of Columbus located?
Knights Of Columbus is headquartered in Charleston, South Carolina and files with the IRS under EIN 10839208.
Is Knights Of Columbus Charleston a good charity?
Based on the available data, the Knights Of Columbus in Charleston appears to be a financially responsible organization with no liabilities and no officer compensation, suggesting a strong commitment to its mission and efficient use of funds. However, a detailed breakdown of program spending versus administrative costs would provide a clearer picture of its overall effectiveness.
How does the organization manage its finances given its revenue?
With a latest revenue of $40,770 and expenses of $25,304, the organization is operating within its means and has managed to increase its assets from $64,735 to $65,960, indicating sound financial management and a surplus of funds.
What is the significance of 0% officer compensation?
0% officer compensation means that no salaries or other forms of compensation were paid to the organization's officers. This is a significant strength, as it suggests that leadership is volunteer-driven, maximizing the proportion of funds available for programmatic activities.
Filing History
IRS 990 filing history for Knights Of Columbus showing financial trends over 1 year of public records:
In its most recent filing year (2023), Knights Of Columbus reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $41K | $25K | $65K | $0 | — | — |
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.