Knights Templar Educational Foundation of the Grand Encampment

Analysis

Knights Templar Educational Foundation of the Grand Encampment is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in January 1964, 62 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2022, Knights Templar Educational Foundation of the Grand Encampment reported income of $200k and spending of $528k, spending 264% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.1m to $200k (-82%), an average of -44% a year. The sharpest change came in the year to December 2022, when income dropped by 74%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Knights Templar Educational Foundation of the Grand Encampment sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include The M Film Lab Inc ($200k), Society of Systematic Biologists ($200k) and Yfp Inc ($200k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.5% of the total. At year end it held assets of $13.2m against liabilities of $28k, net assets of $13.2m.