Knights Of Columbus
Knights Of Columbus of Saint Agatha, ME, reports strong financial health with minimal expenses and no officer compensation.
EIN: 20388942 · Saint Agatha, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $59K |
| Total Expenses | $6K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $59,490 |
| Net Assets | $54K |
| Transparency Score | 95/100 |
Is Knights Of Columbus Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Knights Of Columbus directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Knights Of Columbus
Knights Of Columbus (EIN: 20388942) is a nonprofit organization based in Saint Agatha, ME. The organization reported total revenue of $59K and total assets of $54K 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 | $59K |
| Total Expenses | $6K |
| Surplus / Deficit | +$54K |
| Total Assets | $54K |
| Net Assets | $54K |
| Operating Margin | 90.6% |
| Months of Reserves | 115.3 months |
Financial Health Grade: A
In 2023, Knights Of Columbus reported a surplus of $54K with revenue exceeding expenses, holds 115.3 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 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Knights Of Columbus allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $54K, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation was reported for the 2022-2023 fiscal period, indicating a volunteer-led organization, which is highly efficient for an organization with $59,490 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.
Strengths
The following positive indicators were identified for Knights Of Columbus:
- Strong financial health with $59,490 in revenue and $53,880 in assets.
- Excellent spending efficiency, with expenses ($5,610) being a small fraction of revenue.
- No reported officer compensation, indicating a volunteer-driven leadership.
- Zero liabilities reported, demonstrating a very healthy balance sheet.
- Significant revenue surplus contributing to asset growth.
Frequently Asked Questions about Knights Of Columbus
Is Knights Of Columbus a legitimate charity?
Knights Of Columbus (EIN: 20388942) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 95/100. Total revenue: $59K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Knights Of Columbus spend its money?
Knights Of Columbus directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Knights Of Columbus tax-deductible?
Knights Of Columbus is registered as a tax-exempt nonprofit (EIN: 20388942). 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 $59,490 annually. The organization reported $59K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Knights Of Columbus located?
Knights Of Columbus is headquartered in Saint Agatha, Maine and files with the IRS under EIN 20388942.
How does the Knights Of Columbus utilize its significant revenue surplus?
With $59,490 in revenue and only $5,610 in expenses, the organization generated a substantial surplus. The filings indicate this contributed to its $53,880 in assets, suggesting funds are being saved or invested for future activities.
What specific programs or community services does this chapter of the Knights Of Columbus support?
While the 990 filing indicates very low expenses relative to revenue, it does not detail the specific programs. Further inquiry into their local activities would be needed to understand their programmatic impact.
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 $54K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $59K | $6K | $54K | $0 | — | View 990 |
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.