Knights Of Columbus Massachusetts State Council Charity Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 513,926 | 472,535 | 41,391 | 61.2 | 0% |
| 2012 | 511,810 | 463,033 | 48,777 | 63.7 | 0% |
| 2013 | 507,106 | 574,607 | −67,501 | 50.0 | 0% |
| 2014 | 478,372 | 261,191 | 217,181 | 119.9 | 0% |
| 2015 | 484,185 | 358,687 | 125,498 | 91.5 | 0% |
| 2016 | 437,875 | 321,377 | 116,498 | 106.5 | 0% |
| 2017 | 572,362 | 291,209 | 281,153 | 129.1 | 0% |
| 2018 | 629,813 | 603,956 | 25,857 | 62.8 | 0% |
| 2019 | 453,103 | 500,895 | −47,792 | 74.5 | 0% |
| 2020 | 338,856 | 218,045 | 120,811 | 177.8 | 0% |
| 2021 | 139,839 | 188,753 | −48,914 | 255.2 | 0% |
| 2022 | 482,615 | 164,417 | 318,198 | 297.1 | 0% |
| 2023 | 261,712 | 262,146 | −434 | 171.8 | 0% |
In its most recent public year (2023), this organization spent $434 more than it brought in. Its reserves stood at about 171.8 months of spending, up from 61.2 in 2011. Staff pay was 0% of spending. $1,000,000 of its net assets are donor-restricted.
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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