Knights Of Columbus

Knights Of Columbus shows consistent revenue growth and strong asset accumulation with no reported officer compensation.

EIN: 208872098 · Norman, OK · Updated: 2026-03-28

$73KRevenue
$266KAssets
85/100Mission Score (Excellent)
Knights Of Columbus Financial Summary
MetricValue
Total Revenue$73K
Total Expenses$43K
Program Spending80%
Net Assets$232K
Transparency Score85/100

Is Knights Of Columbus Legit?

Some Concerns

LimitedFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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: 208872098) is a nonprofit organization based in Norman, OK. The organization reported total revenue of $73K and total assets of $266K 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

86Years Operating
MicroSize Classification
2Years of Filings
StableRevenue Trajectory

Knights Of Columbus is a micro nonprofit that has been operating for 86 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 21.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$60K
Total Expenses$43K
Surplus / Deficit+$16K
Total Assets$232K
Net Assets$232K
Operating Margin27.3%
Months of Reserves64.1 months

Financial Health Grade: A

In 2023, Knights Of Columbus reported a surplus of $16K with revenue exceeding expenses, holds 64.1 months of operating reserves (strong position).

Financial Trends

Over 2 years of filings (2022–2023), Knights Of Columbus's revenue has grown at a compound annual growth rate (CAGR) of 21.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+21.5%+100.2%+7.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1940

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Knights Of Columbus (EIN: 208872098) demonstrates sound financial health with consistent revenue growth and a strong asset base. In the 2023 fiscal period, the organization reported revenues of $59,834 against expenses of $43,494, indicating a surplus that contributes to its growing assets, which reached $232,399. This trend of revenue exceeding expenses is also evident in the 2022 period, where revenues were $49,229 and expenses were $21,721. The organization appears to be spending efficiently, as evidenced by its positive net income in both reported periods. A key strength is the reported 0% officer compensation in both filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive indicator for donor confidence. The absence of liabilities in the latest filing (2023) further strengthens its financial position. While specific program spending details are not provided in the summary data, the overall financial health and the lack of officer compensation suggest a potentially high proportion of funds directed towards its mission. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a definitive assessment of spending efficiency and program focus is limited. The organization's transparency is good in terms of filing its 990s, but more granular expense data would enhance a full transparency assessment.

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 (2023)

From the most recent IRS 990 filing on record:

$60KTotal Revenue
$43KTotal Expenses
$232KTotal Assets
$232KNet Assets
  • The organization reported a surplus of $16K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation is reported as 0% in both 2022 and 2023 filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer categories, which is highly favorable for a nonprofit of its 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.

Red Flags

The following concerns were identified during AI analysis of Knights Of Columbus's IRS 990 filings:

  • Lack of detailed expense breakdown (program, admin, fundraising) in provided summary data

Strengths

The following positive indicators were identified for Knights Of Columbus:

  • Consistent revenue growth (from $49,229 in 2022 to $59,834 in 2023)
  • Strong asset accumulation (from $216,059 in 2022 to $232,399 in 2023)
  • Zero reported officer compensation in both periods
  • Elimination of liabilities in the latest filing (from $2,400 in 2022 to $0 in 2023)
  • Positive net income in both reported periods

Frequently Asked Questions about Knights Of Columbus

Is Knights Of Columbus a legitimate charity?

Knights Of Columbus (EIN: 208872098) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 85/100. It has 2 years of IRS 990 filings on record. Total revenue: $73K. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does Knights Of Columbus spend its money?

Knights Of Columbus directs 80% of its spending to programs and services. Fundraising costs 5%. 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: 208872098). 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 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 Norman, Oklahoma and files with the IRS under EIN 208872098.

How many years of IRS 990 filings does Knights Of Columbus have?

Knights Of Columbus has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $73K in total revenue.

Is Knights Of Columbus a good charity?

Based on the available IRS 990 data, Knights Of Columbus appears to be a financially healthy organization with consistent revenue growth and a strong asset base. The 0% officer compensation is a significant positive indicator. However, a full assessment of 'goodness' would benefit from more detailed expense breakdowns to confirm program efficiency.

How has the organization's financial health changed over the past two years?

The organization's financial health has improved, with revenue increasing from $49,229 in 2022 to $59,834 in 2023, and assets growing from $216,059 to $232,399. Liabilities also decreased from $2,400 in 2022 to $0 in 2023, indicating a stronger financial position.

What is the organization's approach to executive compensation?

Knights Of Columbus reported 0% officer compensation in both 2022 and 2023, suggesting a volunteer-driven leadership model or that compensation is structured in a way that does not fall under the 'officer compensation' category on the 990 form.

Filing History

IRS 990 filing history for Knights Of Columbus showing financial trends over 2 years of public records:

Over 2 years of IRS 990 filings (2022–2023), Knights Of Columbus's revenue has grown by 21.5%, moving from $49K to $60K. Total assets increased by 7.6% over the same period, from $216K to $232K. Total functional expenses rose by 100.2%, from $22K to $43K. In its most recent filing year (2023), Knights Of Columbus reported a surplus of $16K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $60K $43K $232K $0
2022 $49K $22K $216K $2K

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Knights Of Columbus:

2023 Filing 2022 Filing

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.

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