Knights Of Columbus
Knights of Columbus: Strong Financials, High Program Spending
EIN: 222122982 · Keyport, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $193K |
| Total Expenses | $132K |
| Program Spending | 88% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $107K |
| Transparency Score | 85/100 |
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 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Knights Of Columbus
Knights Of Columbus (EIN: 222122982) is a nonprofit organization based in Keyport, NJ. The organization reported total revenue of $193K and total assets of $131K 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 15.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $132K |
| Surplus / Deficit | +$17K |
| Total Assets | $107K |
| Net Assets | $107K |
| Operating Margin | 11.5% |
| Months of Reserves | 9.7 months |
Financial Health Grade: A
In 2023, Knights Of Columbus reported a surplus of $17K with revenue exceeding expenses, holds 9.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Knights Of Columbus's revenue has grown at a compound annual growth rate (CAGR) of 15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.9% | -18.7% | +19.2% |
| 2022 | +31.7% | +49.7% | -4.0% |
| 2021 | +95.4% | +133.7% | +14.8% |
| 2020 | -45.4% | -54.8% | +23.1% |
| 2019 | -19.4% | -17.2% | +18.2% |
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: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Knights Of Columbus allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% 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 $17K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue. The highest compensated individual received $0 in 2023, indicating a volunteer-led or very low-paid executive structure.
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:
- Consistently high program spending, averaging 88% of total expenses in 2023.
- Strong and growing asset base, from $32,969 in 2016 to $106,902 in 2023.
- Positive net revenue in most years, demonstrating financial stability.
Frequently Asked Questions about Knights Of Columbus
Is Knights Of Columbus a legitimate charity?
Knights Of Columbus (EIN: 222122982) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $193K. No red flags identified. 3 strengths noted. Financial health grade: A.
How does Knights Of Columbus spend its money?
Knights Of Columbus directs 88% 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: 222122982). 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 $0 annually. The organization reported $193K 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 88% 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 Keyport, New Jersey and files with the IRS under EIN 222122982.
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 $193K in total revenue.
What does Knights Of Columbus do?
Knights Of Columbus is a nonprofit organization in the Unknown sector, located in Keyport, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Knights Of Columbus have?
Knights Of Columbus reported total revenue of $192,803. Based on 13 IRS 990 filings on record.
What are Knights Of Columbus's total assets?
Knights Of Columbus holds total assets of $130,869 as reported in IRS 990 filings.
Where is Knights Of Columbus located?
Knights Of Columbus is based in Keyport, New Jersey.
What is Knights Of Columbus's EIN?
Knights Of Columbus's Employer Identification Number (EIN) is 222122982. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Knights Of Columbus?
Knights Of Columbus is classified under NTEE code Unknown (Unknown).
Is Knights Of Columbus a registered 501(c)(3)?
Knights Of Columbus appears in IRS records (EIN: 222122982). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Knights Of Columbus file IRS Form 990?
Yes, Knights Of Columbus has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Knights Of Columbus's revenue in 2023?
In the 202312 filing period, Knights Of Columbus reported total revenue of $149,410, total expenses of $132,172, and net assets of $106,902.
Is Knights Of Columbus's revenue growing or declining?
Knights Of Columbus's revenue is declining. Revenue went from $158,819 (202212) to $149,410 (202312), a -5.9% change. Based on 13 filings on record.
What is Knights Of Columbus's most recent 990 filing?
The most recent IRS Form 990 filing for Knights Of Columbus covers tax period 202312. It shows revenue of $149,410, expenses of $132,172, total assets of $106,902, and liabilities of N/A.
How much does Knights Of Columbus spend on programs vs administration?
Based on IRS 990 analysis, Knights Of Columbus allocates approximately 88% of expenses to program services, 7% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Knights Of Columbus a trustworthy charity?
Based on AI analysis of IRS 990 data, Knights Of Columbus appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Knights Of Columbus's strengths?
Positive indicators for Knights Of Columbus include: Consistently high program spending, averaging 88% of total expenses in 2023.. Strong and growing asset base, from $32,969 in 2016 to $106,902 in 2023.. Positive net revenue in most years, demonstrating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Knights Of Columbus compensate executives?
Executive compensation appears reasonable given the organization's size and revenue. The highest compensated individual received $0 in 2023, indicating a volunteer-led or very low-paid executive structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the Knights of Columbus maintain such a high program spending ratio with seemingly no executive compensation?
The data suggests a highly volunteer-driven leadership model or that executive compensation is covered by a separate, non-disclosed entity, which would warrant further investigation. The 'c0%' in the filings indicates no compensation reported for key employees.
What factors contribute to the significant fluctuation in revenue year-over-year, such as the drop from $158,819 in 2022 to $149,410 in 2023, and the earlier dip to $61,726 in 2020?
Revenue fluctuations could be attributed to various factors including economic conditions impacting donations, specific fundraising campaigns, or changes in membership contributions. The 2020 dip likely reflects the impact of the global pandemic on fundraising activities.
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 464.4%, moving from $26K to $149K. Total assets increased by 1588.3% over the same period, from $6K to $107K. Total functional expenses rose by 278.7%, from $35K to $132K. In its most recent filing year (2023), Knights Of Columbus reported a surplus of $17K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $149K | $132K | $107K | $0 | — | View 990 |
| 2022 | $159K | $163K | $90K | $0 | — | View 990 |
| 2021 | $121K | $109K | $93K | $0 | — | View 990 |
| 2020 | $62K | $46K | $81K | $0 | — | View 990 |
| 2019 | $113K | $103K | $66K | $0 | — | View 990 |
| 2018 | $140K | $124K | $56K | $0 | — | View 990 |
| 2017 | $137K | $130K | $40K | $0 | — | View 990 |
| 2016 | $83K | $73K | $33K | $0 | — | View 990 |
| 2015 | $112K | $109K | $23K | $0 | — | View 990 |
| 2014 | $88K | $72K | $20K | $0 | — | View 990 |
| 2013 | $82K | $85K | $4K | $0 | — | View 990 |
| 2012 | $57K | $56K | $7K | $0 | — | View 990 |
| 2011 | $26K | $35K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $149K, expenses of $132K, and assets of $107K (revenue -5.9% year-over-year).
- 2022: Revenue of $159K, expenses of $163K, and assets of $90K (revenue +31.7% year-over-year).
- 2021: Revenue of $121K, expenses of $109K, and assets of $93K (revenue +95.4% year-over-year).
- 2020: Revenue of $62K, expenses of $46K, and assets of $81K (revenue -45.4% year-over-year).
- 2019: Revenue of $113K, expenses of $103K, and assets of $66K (revenue -19.4% year-over-year).
- 2018: Revenue of $140K, expenses of $124K, and assets of $56K (revenue +2.7% year-over-year).
- 2017: Revenue of $137K, expenses of $130K, and assets of $40K (revenue +64.4% year-over-year).
- 2016: Revenue of $83K, expenses of $73K, and assets of $33K (revenue -25.9% year-over-year).
- 2015: Revenue of $112K, expenses of $109K, and assets of $23K (revenue +27.2% year-over-year).
- 2014: Revenue of $88K, expenses of $72K, and assets of $20K (revenue +8.0% year-over-year).
- 2013: Revenue of $82K, expenses of $85K, and assets of $4K (revenue +43.7% year-over-year).
- 2012: Revenue of $57K, expenses of $56K, and assets of $7K (revenue +114.8% year-over-year).
- 2011: Revenue of $26K, expenses of $35K, 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.