Knights of Columbus
Nonprofit profile at a glance
- EIN
- 570685505
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024, Form 990-N 2022
- Location
- Greenville, SC, USA
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $191,207
- Expenses
- $194,998
- Assets
- $119,840
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- Jay Scott Friedman (State Deputy)
- Patrick J Noone (State Secretary)
- Joseph G Nesbitt (State Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A 501c8 fraternal benefit society offering mutual aid and insurance for members and families protecting widows orphans while also engaging in charitable works promoting Catholic faith fraternity and patriotism with their charitable activities often operating under related 501c3 entities for public benefit.
What it reported doing in 2024
Coats for Kids Program. A national program that offers buy one get one deal on cases of coats to be donated at no cost to children in need. Funds are raised by associate organizations. All funds raised are spent on coats. We partner with local schools churches and ministries to distribute the coats.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 41% for direct work, and 59% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 100
- Sustainability: 34
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.7%; rating input score 68
- Program expense ratio: 66.3%; rating input score 66
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -2%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 0.61; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 82.7% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: 9.2% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: -4.7% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 67.7% of revenue deployed · 66.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $129K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 28/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.