Diamond Knights Inc

Analysis

Diamond Knights Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Diamond Knights Inc reported income of $83k and spending of $58k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $83k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Diamond Knights Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within ID. Charities of a similar size with the same main cause include Washington Metropolitan Cricket Board ($83k), Heat Softball Team Inc ($83k) and Houston Young Lawyers Foundation ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 6.3% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.