Knicker Open Charities

Analysis

Knicker Open Charities is a registered charity in United States, based in S Barrington, IL. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Knicker Open Charities reported income of $145k and spending of $162k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $142k to $145k (+1.8%), an average of +1.8% a year. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Knicker Open Charities sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Mourning Sun Childrens Foundation ($145k), Africa Orphan Care ($145k) and Ray of Hope Foundation Inc ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% of the total. At year end it held assets of $1,568 against liabilities of $0, net assets of $1,568.