Knights Of Columbus Lorain Columbian Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 378,469 | 395,468 | −16,999 | 1.9 | 51% |
| 2020 | 271,040 | 266,415 | 4,625 | 3.1 | 47% |
| 2021 | 389,207 | 371,707 | 17,500 | 2.8 | 53% |
| 2022 | 515,785 | 574,620 | −58,835 | 0.6 | 43% |
| 2023 | 512,703 | 519,562 | −6,859 | 0.5 | 50% |
In its most recent public year (2023), this organization spent $6,859 more than it brought in. Its reserves stood at about 0.5 months of spending, down from 1.9 in 2019. Staff pay was 50% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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