Knights Initiative Inc

Analysis

Knights Initiative Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Knights Initiative Inc reported income of $83k and spending of $106k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $47k to $83k (+77%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 730%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Knights Initiative Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within GA. Charities of a similar size with the same main cause include Sankofa International Inc ($83k), El Modena High School Baseball Booster Club Inc ($83k) and Back to School Roundup ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.