Knights Of Columbus
Knights of Columbus shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 220833975 · Morristown, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $179K |
| Total Expenses | $113K |
| Program Spending | 85% |
| Net Assets | $55K |
| Transparency Score | 85/100 |
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 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Knights Of Columbus
Knights Of Columbus (EIN: 220833975) is a nonprofit organization based in Morristown, NJ. The organization reported total revenue of $179K and total assets of $88K 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 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $132K |
| Total Expenses | $113K |
| Surplus / Deficit | +$19K |
| Total Assets | $61K |
| Total Liabilities | $6K |
| Net Assets | $55K |
| Operating Margin | 14.5% |
| Debt-to-Asset Ratio | 10.3% |
| Months of Reserves | 6.6 months |
Financial Health Grade: A
In 2023, Knights Of Columbus reported a surplus of $19K with revenue exceeding expenses, holds 6.6 months of operating reserves (strong position), has a debt-to-asset ratio of 10.3% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Knights Of Columbus's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.4% | +21.6% | +64.8% |
| 2022 | +225.1% | +141.3% | -14.7% |
| 2021 | -28.8% | -38.5% | -3.3% |
| 2020 | -60.0% | -45.9% | +37.8% |
| 2019 | +8.1% | +11.4% | +25.8% |
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 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Knights Of Columbus allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filing periods, indicating that its leadership is entirely volunteer-based, which is highly favorable for directing funds towards its mission.
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 functional expense breakdown in provided data prevents precise spending efficiency analysis.
Strengths
The following positive indicators were identified for Knights Of Columbus:
- Consistent revenue growth, from $94,168 in 2014 to $131,733 in 2023.
- Significant asset accumulation, from $5,110 in 2014 to $61,488 in 2023.
- Consistent reporting of 0% officer compensation, indicating volunteer leadership.
- Operational surpluses in recent years (e.g., $19,085 in 202306 and $20,475 in 202206).
- Low and decreasing liabilities in recent periods.
Frequently Asked Questions about Knights Of Columbus
Is Knights Of Columbus a legitimate charity?
Knights Of Columbus (EIN: 220833975) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $179K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Knights Of Columbus spend its money?
Knights Of Columbus directs 85% 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: 220833975). 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 85% 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 Morristown, New Jersey and files with the IRS under EIN 220833975.
How many years of IRS 990 filings does Knights Of Columbus have?
Knights Of Columbus has 12 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 $179K in total revenue.
Is Knights Of Columbus (EIN: 220833975) financially stable?
Yes, the organization appears financially stable, demonstrating consistent revenue growth from $94,168 in 2014 to $131,733 in 2023, and a significant increase in assets from $5,110 to $61,488 over the same period, alongside consistent operational surpluses in recent years.
How does the organization's asset growth compare to its revenue growth?
The organization's assets have grown substantially, from $5,110 in 2014 to $61,488 in 2023, a much higher proportional increase than its revenue growth from $94,168 to $131,733 over the same period, indicating effective asset accumulation.
What is the trend in the organization's liabilities?
Liabilities have generally remained low or zero for most periods, with a peak of $28,126 in 202106, but have since decreased to $6,304 in 202306, suggesting responsible financial management.
Filing History
IRS 990 filing history for Knights Of Columbus showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Knights Of Columbus's revenue has grown by 99.4%, moving from $66K to $132K. Total assets increased by 941.5% over the same period, from $6K to $61K. Total functional expenses rose by 73.9%, from $65K to $113K. In its most recent filing year (2023), Knights Of Columbus reported a surplus of $19K, with revenue exceeding expenses. The organization holds $6K in liabilities against $61K in assets (debt-to-asset ratio: 10.3%), resulting in net assets of $55K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $132K | $113K | $61K | $6K | — | View 990 |
| 2022 | $113K | $93K | $37K | $1K | — | View 990 |
| 2021 | $35K | $38K | $44K | $28K | — | View 990 |
| 2020 | $49K | $62K | $45K | $26K | — | View 990 |
| 2019 | $122K | $115K | $33K | $0 | — | View 990 |
| 2018 | $113K | $104K | $26K | $0 | — | View 990 |
| 2017 | $89K | $93K | $17K | $0 | — | View 990 |
| 2016 | $98K | $89K | $20K | $0 | — | View 990 |
| 2015 | $101K | $96K | $10K | $0 | — | View 990 |
| 2014 | $94K | $92K | $5K | $0 | — | View 990 |
| 2013 | $49K | $52K | $3K | $0 | — | View 990 |
| 2012 | $66K | $65K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $132K, expenses of $113K, and assets of $61K (revenue +16.4% year-over-year).
- 2022: Revenue of $113K, expenses of $93K, and assets of $37K (revenue +225.1% year-over-year).
- 2021: Revenue of $35K, expenses of $38K, and assets of $44K (revenue -28.8% year-over-year).
- 2020: Revenue of $49K, expenses of $62K, and assets of $45K (revenue -60.0% year-over-year).
- 2019: Revenue of $122K, expenses of $115K, and assets of $33K (revenue +8.1% year-over-year).
- 2018: Revenue of $113K, expenses of $104K, and assets of $26K (revenue +26.4% year-over-year).
- 2017: Revenue of $89K, expenses of $93K, and assets of $17K (revenue -9.3% year-over-year).
- 2016: Revenue of $98K, expenses of $89K, and assets of $20K (revenue -2.5% year-over-year).
- 2015: Revenue of $101K, expenses of $96K, and assets of $10K (revenue +7.2% year-over-year).
- 2014: Revenue of $94K, expenses of $92K, and assets of $5K (revenue +92.8% year-over-year).
- 2013: Revenue of $49K, expenses of $52K, and assets of $3K (revenue -26.1% year-over-year).
- 2012: Revenue of $66K, expenses of $65K, and assets of $6K.
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.