Massillon Knights Foundation

Analysis

Massillon Knights Foundation is a registered charity in United States, based in Massillon, OH. It received its IRS tax-exemption ruling in March 1992, 34 years ago. 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, Massillon Knights Foundation reported income of $260k and spending of $291k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $236k to $260k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Massillon Knights Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Brain Injury Association of Missouri Inc ($260k), Little League Baseball Inc ($260k) and Rosaria Communities Foundation Inc ($260k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. Other salaries and wages came to $172k. At year end it held assets of $181k against liabilities of $31k, net assets of $150k. It reported 38 employees.