Massachusetts State Council Knights of Columbus Charitable Foundation

Analysis

Massachusetts State Council Knights of Columbus Charitable Foundation is a registered charity in United States, based in Norwood, MA. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Massachusetts State Council Knights of Columbus Charitable Foundation reported income of $253k and spending of $186k, leaving 26% of income unspent that year. Across the 4 years on record, from April 2019 to April 2023, income grew from $184k to $253k (+37%), an average of +11% a year. The sharpest change came in the year to April 2022, when income rose by 89%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Massachusetts State Council Knights of Columbus Charitable Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within MA. Charities of a similar size with the same main cause include Sai Sagar International Foundation Inc ($253k), Ateret Avot ($253k) and Esteban Toledo Family Foundation ($253k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $235k against liabilities of $0, net assets of $235k.