Wall Knights Family Foundation Inc

Analysis

Wall Knights Family Foundation Inc is a registered charity in United States, based in Wall Township, NJ. It received its IRS tax-exemption ruling in June 2020, 6 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 (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, Wall Knights Family Foundation Inc reported income of $147k and spending of $141k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $13 to $147k (+1131046%), an average of +1131046% a year. The sharpest change came in the year to December 2023, when income rose by 1131046%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wall Knights Family Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 54th percentile within NJ. Charities of a similar size with the same main cause include East Moline Silvis Soccer Club ($147k), Falmouth Track Club ($147k) and Metropolitan High School Activities Association ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 92% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.