Knotts Family Agency

Analysis

Knotts Family Agency is a registered charity in United States, based in Redlands, CA. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 December 2023, Knotts Family Agency reported income of $11.0m and spending of $11.7m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $11.0m (+212%), an average of +33% a year. The sharpest change came in the year to December 2020, when income rose by 90%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Knotts Family Agency sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Mackinac Center ($11.0m), Baltimore International Academy Inc ($11.0m) and Lakes and Pines Community Action Council Inc ($11.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $888k (7.6% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $4.8m against liabilities of $1.1m, net assets of $3.7m. It reported 51 employees.