Illinois State Council Knights of Columbus Charities Inc

Analysis

Illinois State Council Knights of Columbus Charities Inc is a registered charity in United States, based in Kankakee, IL. It received its IRS tax-exemption ruling in July 1976, 50 years ago. 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 June 2023, Illinois State Council Knights of Columbus Charities Inc reported income of $2.0m and spending of $2.1m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.2m to $2.0m (-9.1%), an average of -2.4% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Illinois State Council Knights of Columbus Charities Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include 3 Core Inc ($2.0m), Cass County Community Living Inc ($2.0m) and Tampa Baptist Manor Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $2.6m against liabilities of $200k, net assets of $2.4m.