Know2

Analysis

Know2 is a registered charity in United States, based in Gaffney, SC. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2024, Know2 reported income of $321k and spending of $309k, spending 96% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $203k to $321k (+58%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 39%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Know2 sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within SC. Charities of a similar size with the same main cause include Hatch HSV ($321k), Backpack Friends Inc ($322k) and Edtunity Institute Inc ($321k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $38k (12% of expenses). Other salaries and wages came to $44k. It paid $19k in professional fundraising fees. At year end it held assets of $145k against liabilities of $0, net assets of $145k. It reported 3 employees.