Knights Foundation Inc

Analysis

Knights Foundation Inc is a registered charity in United States, based in Zanesville, OH. It received its IRS tax-exemption ruling in November 2012, 14 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 December 2023, Knights Foundation Inc reported income of $209k and spending of $163k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $128k to $209k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 177%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Knights Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Institute for Public Architecture ($209k), Titan Baseball Boosters ($209k) and R3 Student Outreach ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $736k against liabilities of $3,925, net assets of $732k.