The Knights Community Hospital Equipment Lend Program Services

Analysis

The Knights Community Hospital Equipment Lend Program Services is a registered charity in United States, based in Pasco, WA. It received its IRS tax-exemption ruling in February 1998, 28 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 December 2023, The Knights Community Hospital Equipment Lend Program Services reported income of $492k and spending of $422k, spending 86% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $244k to $492k (+102%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 66% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Knights Community Hospital Equipment Lend Program Services sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within WA. Charities of a similar size with the same main cause include Rotary Club of Houston Foundation ($492k), Specialized Employment Services Inc ($492k) and Local Union No 24 Dayton Area Joint Apprenticeship and Training ($492k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $44k. At year end it held assets of $1.0m against liabilities of $31k, net assets of $1.0m. It reported 5 employees.