Knights Templar Educational FNDN of GRND Encmpmnt Knights Templar

Analysis

Knights Templar Educational FNDN of GRND Encmpmnt Knights Templar is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in January 1952, 74 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Knights Templar Educational FNDN of GRND Encmpmnt Knights Templar reported income of $269k and spending of $74k, leaving 72% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $217k to $269k (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2022, when income rose by 204%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Knights Templar Educational FNDN of GRND Encmpmnt Knights Templar sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Climb the Mountain Speech and Debate Foundation ($269k), Piece of Heaven Christian Academy Inc ($269k) and Friends of Wisconsin Empowerment Foundation Inc ($269k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $5.0m against liabilities of $0, net assets of $5.0m.