A Knock at Midnight Inc

Analysis

A Knock at Midnight Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, A Knock at Midnight Inc reported income of $3.7m and spending of $3.8m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.7m (+58%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, A Knock at Midnight Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Santa Cruz Waldorf School Assn ($3.7m), Des Moines Electrical Apprenticeship Training Trust ($3.7m) and The Oliveran School Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $212k (5.5% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $680k against liabilities of $461k, net assets of $219k. It reported 273 employees.