Maryland State Council Knights of Columbus Charity Fund Inc

Analysis

Maryland State Council Knights of Columbus Charity Fund Inc is a registered charity in United States, based in Bowie, MD. It received its IRS tax-exemption ruling in May 1986, 40 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Maryland State Council Knights of Columbus Charity Fund Inc reported income of $135k and spending of $89k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income fell from $163k to $135k (-18%), an average of -4.7% a year. The sharpest change came in the year to June 2023, when income rose by 225%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Maryland State Council Knights of Columbus Charity Fund Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within MD. Charities of a similar size with the same main cause include Gold Beach Main Street ($134k), Washington Space Business Roundtable D C Inc ($135k) and Dr Tracis House ($134k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $655k against liabilities of $0, net assets of $655k.