Overview
What is Knights Of Columbus Charities Inc?
Knights of Columbus Charities Inc is a nonprofit organization headquartered in New Haven, Connecticut, with the address ONE COLUMBUS PLAZA, ZIP code 06510. Established for religious, charitable, educational, and scientific purposes, they operate exclusively to manage and distribute donations received from members of the Knights of Columbus and the public. One of their recent initiatives involves providing grants to support Ukraine Solidarity Relief efforts. This project aims to alleviate the urgent needs of civilian refugees and displaced persons by supplying shelter, food, medical supplies, clothing, religious goods, and other essential items, both directly in Ukraine and through refugee sites in Poland.
Official website here: www.kofc.org/un/eb/en/about/charities/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Knights of Columbus Charities Inc has received an 87% score from Charity Navigator, earning it a Three-Star rating. This rating reflects strong performance in the area of Accountability & Finance, where the organization scored a perfect 100% across various metrics. Such a score indicates that the charity maintains transparent financial practices, with effective governance and oversight structures in place.
The organization demonstrates a commendable commitment to financial health, evident in its low liabilities-to-assets ratio and high program expense ratio. With 95.07% of its expenses directed towards programs and only $0.04 spent on fundraising for every dollar raised, Knights of Columbus Charities Inc shows efficiency in resource allocation. Furthermore, their full compliance with policies relating to conflict of interest, whistleblower protections, and document retention reinforces their accountability.
While the overall score is strong, the rating is based solely on the Accountability & Finance beacon, which may not encompass other important aspects such as program effectiveness or community impact. Potential donors might want to consider additional information on the organization's programs and services before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Knights Of Columbus Charities Inc legitimate?
Knights Of Columbus Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Knights Of Columbus Charities Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.kofc.org/un/eb/en/about/charities/
What is the mission statement of Knights Of Columbus Charities Inc?
The Knights of Columbus Charities Inc is dedicated to pursuing religious, charitable, educational, and scientific purposes. This organization, operated by the Knights of Columbus members, manages donations that are earmarked for these specific causes. The Charities accepts contributions, both from members of the Knights of Columbus and the public, which comply with its governing instrument. The charitable work of this entity provides vital support for various initiatives aligned with its mission.
Official website here: www.kofc.org/un/eb/en/about/charities/
Who is the CEO of Knights Of Columbus Charities Inc?
Patrick T Mason is the Director/Past President of Knights Of Columbus Charities Inc.
Official website here: www.kofc.org/un/eb/en/about/charities/
What is the revenue of Knights Of Columbus Charities Inc?
Knights Of Columbus Charities Inc's revenue in 2022 was $26,953,387.
Official website here: www.kofc.org/un/eb/en/about/charities/
Who are the executives of Knights Of Columbus Charities Inc and what are their salaries?
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $269,000
- Other: $0
- Compensation: $0
- Related: $1,639,096
- Other: $51,375
- Compensation: $0
- Related: $401,793
- Other: $39,746
- Compensation: $0
- Related: $135,000
- Other: $0
- Compensation: $0
- Related: $945,140
- Other: $40,760
- Compensation: $0
- Related: $807,993
- Other: $51,375
- Compensation: $0
- Related: $389,226
- Other: $40,760
- Compensation: $0
- Related: $1,074,461
- Other: $40,760
- Compensation: $0
- Related: $320,699
- Other: $51,290
- Compensation: $0
- Related: $258,175
- Other: $50,123
- Compensation: $0
- Related: $30,550
- Other: $0
Official website here: www.kofc.org/un/eb/en/about/charities/
Where can I find the form 990 for Knights Of Columbus Charities Inc?
Knights Of Columbus Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kofc.org/un/eb/en/about/charities/
Learn more at the official website: www.kofc.org/un/eb/en/about/charities/
Mission Statement of Knights Of Columbus Charities Inc
Knights of Columbus Charities Inc, a renowned organization, is dedicated to serving religious, charitable, educational, and scientific purposes. Established with a profound mission, this charitable entity is run exclusively for these noble causes. The Knights of Columbus, through its dedicated members, generously donate funds that are overseen by Charities. This nonprofit entity, Charities, graciously accepts donations from both the members of the Knights of Columbus and the public, as long as they align with its governing instrument.
Charities, a philanthropic arm of the Knights of Columbus, is committed to making a difference in various communities. It channels the collective generosity of its members and donors towards various initiatives aimed at uplifting lives and fostering growth. By accepting donations and bequests, Charities is able to expand its reach and impact, touching the lives of those in need in a meaningful way. Through its unwavering dedication to religious, charitable, educational, and scientific pursuits, Knights of Columbus Charities Inc continues to inspire hope and bring about positive change.
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Impact
October, 2024
Knights Of Columbus Charities Inc has made a significant impact in various areas, primarily focusing on providing vital support for humanitarian efforts. By granting funds to organizations, the charity has played a crucial role in initiatives such as Ukraine Solidarity Relief, which addresses the urgent needs of civilian refugees and displaced persons. This program supplies shelter, food, medical supplies, clothing, and religious goods, effectively meeting humanitarian requirements both within Ukraine and at refugee sites in Poland.
Additionally, the organization contributes to community improvement through its dedicated support in religious, charitable, educational, and scientific endeavors. Through the generosity of its members and the public, Knights Of Columbus Charities Inc continues to extend its reach, ensuring that donations are effectively utilized to uplift those in need. The charity’s commitment to delivering essential aid and fostering community resilience highlights its essential impact on society.
This information is meant to be a general summary of Knights Of Columbus Charities Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $509,205
- Program Service Revenue: $1,263
- Gross Receipts: $28,132,468
Assets and Liabilities:
- Total Assets: $24,402,324
- Total Liabilities: $724,201
- Net Assets: $23,678,123
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER INCOME, NET-FATHER MCGIVNEY
Revenue
$1,263
Organization Details
Founding Year
1972
Phone
(203) 752-4000Principal Officer
Patrick T Mason
Main Address
ONE COLUMBUS PLAZA, NEW HAVEN, CT, 065103326
NTEE Category
Code: S820 - Community improvement
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