Knights Of Columbus
Knights Of Columbus maintains stable finances with volunteer leadership and growing assets.
EIN: 205146238 · Omaha, NE · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $136K |
| Total Expenses | $48K |
| Program Spending | 90% |
| Net Assets | $42K |
| Transparency Score | 90/100 |
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: 205146238) is a nonprofit organization based in Omaha, NE. The organization reported total revenue of $136K and total assets of $59K 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 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $53K |
| Total Expenses | $48K |
| Surplus / Deficit | +$5K |
| Total Assets | $42K |
| Total Liabilities | $25 |
| Net Assets | $42K |
| Operating Margin | 8.5% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 10.5 months |
Financial Health Grade: A
In 2023, Knights Of Columbus reported a surplus of $5K with revenue exceeding expenses, holds 10.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Knights Of Columbus's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.1% | -1.8% | +19.3% |
| 2022 | +23.3% | +39.3% | -2.8% |
| 2021 | -1.6% | +9.4% | +9.3% |
| 2020 | -22.0% | -35.5% | +18.8% |
| 2019 | -9.2% | -13.7% | -0.8% |
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 90 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Knights Of Columbus allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of this size.
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:
- Consistent 0% officer compensation, indicating volunteer leadership.
- Stable financial operations with revenues generally exceeding expenses.
- Growing asset base, from $28,047 in 2019 to $42,222 in 2023.
- Low liabilities across all reported periods (e.g., $25 in 2023, $0 in 2022).
- Positive net income in most recent filing ($52,771 revenue vs. $48,262 expenses in 2023).
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: 205146238) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Knights Of Columbus spend its money?
Knights Of Columbus directs 90% 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: 205146238). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Knights Of Columbus's spending goes to programs?
Knights Of Columbus directs 90% 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 Omaha, Nebraska and files with the IRS under EIN 205146238.
How many years of IRS 990 filings does Knights Of Columbus have?
Knights Of Columbus has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $136K in total revenue.
Is Knights Of Columbus a good charity?
Based on the provided financial data, the Knights Of Columbus appears to be a well-managed charity. They consistently report 0% officer compensation, indicating a strong volunteer base and efficient use of funds. They also maintain a stable financial position with growing assets and low liabilities.
How has the organization's financial health changed over time?
The organization's financial health has remained stable, with revenues and expenses generally balanced. Assets have shown a positive trend, growing from $28,047 in 2019 to $42,222 in 2023, indicating increasing financial strength.
What is the organization's approach to executive compensation?
The Knights Of Columbus reports 0% officer compensation in all available filings, meaning their executive leadership is entirely volunteer-driven. This is a significant positive for transparency and efficiency.
Filing History
IRS 990 filing history for Knights Of Columbus showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Knights Of Columbus's revenue has grown by 171.3%, moving from $19K to $53K. Total assets increased by 125.5% over the same period, from $19K to $42K. Total functional expenses rose by 213.6%, from $15K to $48K. In its most recent filing year (2023), Knights Of Columbus reported a surplus of $5K, with revenue exceeding expenses. The organization holds $25 in liabilities against $42K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $42K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $53K | $48K | $42K | $25 | — | — |
| 2022 | $48K | $49K | $35K | $0 | — | View 990 |
| 2021 | $39K | $35K | $36K | $125 | — | — |
| 2020 | $40K | $32K | $33K | $125 | — | View 990 |
| 2019 | $51K | $50K | $28K | $150 | — | View 990 |
| 2018 | $56K | $58K | $28K | $150 | — | View 990 |
| 2017 | $50K | $60K | $30K | $75 | — | View 990 |
| 2016 | $45K | $45K | $38K | $50 | — | View 990 |
| 2015 | $46K | $45K | $37K | $0 | — | View 990 |
| 2014 | $31K | $26K | $36K | $75 | — | View 990 |
| 2013 | $31K | $25K | $30K | $125 | — | View 990 |
| 2012 | $24K | $20K | $24K | $75 | — | — |
| 2011 | $19K | $15K | $19K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $53K, expenses of $48K, and assets of $42K (revenue +9.1% year-over-year).
- 2022: Revenue of $48K, expenses of $49K, and assets of $35K (revenue +23.3% year-over-year).
- 2021: Revenue of $39K, expenses of $35K, and assets of $36K (revenue -1.6% year-over-year).
- 2020: Revenue of $40K, expenses of $32K, and assets of $33K (revenue -22.0% year-over-year).
- 2019: Revenue of $51K, expenses of $50K, and assets of $28K (revenue -9.2% year-over-year).
- 2018: Revenue of $56K, expenses of $58K, and assets of $28K (revenue +13.2% year-over-year).
- 2017: Revenue of $50K, expenses of $60K, and assets of $30K (revenue +10.5% year-over-year).
- 2016: Revenue of $45K, expenses of $45K, and assets of $38K (revenue -1.7% year-over-year).
- 2015: Revenue of $46K, expenses of $45K, and assets of $37K (revenue +46.1% year-over-year).
- 2014: Revenue of $31K, expenses of $26K, and assets of $36K (revenue +1.7% year-over-year).
- 2013: Revenue of $31K, expenses of $25K, and assets of $30K (revenue +30.1% year-over-year).
- 2012: Revenue of $24K, expenses of $20K, and assets of $24K (revenue +21.5% year-over-year).
- 2011: Revenue of $19K, expenses of $15K, and assets of $19K.
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.