Knowresolve

Analysis

Knowresolve is a registered charity in United States, based in Shelby TWP, MI. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Knowresolve reported income of $119k and spending of $153k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $192k to $119k (-38%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Knowresolve sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within MI. Charities of a similar size with the same main cause include Gabriellas Smile Foundation ($119k), Postpartum Health Alliance ($119k) and The Community Wellness Project ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. Compensation of current officers, directors and key employees was $68k (45% of expenses). At year end it held assets of $85k against liabilities of $2,099, net assets of $83k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.