Knights Of Columbus

Organization Overview

Knights Of Columbus is located in New Haven, CT. The organization was established in 1940. According to its NTEE Classification (Y41) the organization is classified as: Fraternal Beneficiary Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Knights Of Columbus employed 2,886 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Knights Of Columbus is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.

For the year ending 12/2021, Knights Of Columbus generated $2.5b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $2.4b during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Knights Of Columbus has awarded 552 individual grants totaling $198,246,115. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

A CATHOLIC FRATERNAL ORGANIZATION DEDICATED TO PROMOTING AND CONDUCTING EDUCATIONAL, CHARITABLE, RELIGIOUS AND SOCIAL WELFARE WORKS, RENDERING MUTUAL AID ASSISTANCE TO SICK AND NEEDY MEMBERS AND THEIR FAMILIES AND PROVIDING INSURANCE PRODUCTS AND ANNUITIES TO BENEFIT MEMBERS, WIVES AND CHILDREN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAMS FOR THE PAYMENT OF IRC SEC. 501(C)(8) BENEFITS TO MEMBERS, WIVES AND THEIR DEPENDENTS. KNIGHTS OF COLUMBUS IS A CATHOLIC FAMILY FRATERNAL SERVICE ORGANIZATION WITH OVER 2.0 MILLION MEMBERS, FOUNDED IN 1882 FOR THE FOLLOWING PURPOSES: (A) RENDERING AID TO ITS MEMBERS, THEIR FAMILIES AND BENEFICIARIES OF MEMBERS AND THEIR FAMILIES; (B) RENDERING MUTUAL AID AND ASSISTANCE TO ITS SICK, DISABLED AND NEEDY MEMBERS AND THEIR FAMILIES; (C) PROMOTING SOCIAL WORK AMONG ITS MEMBERS AND THEIR FAMILIES; AND (D) PROMOTING AND CONDUCTING EDUCATIONAL, CHARITABLE, RELIGIOUS SOCIAL WELFARE, WAR RELIEF AND WELFARE AND PUBLIC RELIEF WORK.TO MORE EFFECTIVELY CARRY OUT ITS PURPOSES THE CORPORATION, A CONNECTICUT SPECIALLY CHARTERED CORPORATION WITHOUT CAPITAL STOCK, PROVIDES COVERAGE FOR LIFE INSURANCE, LONG TERM CARE, DISABILITY INCOME AND ANNUITY BENEFITS TO MEMBERS, WIVES, WIDOWS AND MINOR CHILDREN PRINCIPALLY IN THE UNITED STATES AND CANADA. THE TOTAL IRC SEC. 501(C)(8) BENEFITS ACCRUED TO MEMBERS OF $2,021,481,411 WERE INCURRED FOR THE PURPOSE FOR WHICH THE ORGANIZATION IS EXEMPT. IN 2021, 24,423 DEATH CLAIMS WERE INCURRED. THE AVERAGE SIZE OF A LIFE INSURANCE CERTIFICATE IS $68,101. THE AVERAGE AGE OF A CERTIFICATE HOLDER IS 51.


PROGRAMS FOR EXPENSES INCURRED NECESSARY IN THE KNIGHTS OF COLUMBUS INSURANCE AND FRATERNAL ENDEAVORS.


PROGRAMS OF ASSISTANCE TO OTHER SOCIAL ACTION, EDUCATIONAL, CHARITABLE, BENEVOLENT, MORAL AND RELIGIOUS ENDEAVORS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Nesco Resource
Staffing Services
$8,309,629
Webb Mason Inc
Printing Services
$5,700,847
Computer Sciences Corporation
It Services
$4,977,559
Ernst & Young Llp
Consulting Services
$2,922,370
Taylor Corporation
Hosting And Mailing Services
$2,730,437
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,356,435,968
Investment income $1,069,019,533
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $60,115,967
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,548,075,018

Grants Awarded

Over the last fiscal year, Knights Of Columbus has awarded $21,498,966 in support to 58 organizations.

Grant RecipientAmount

JOHN PAUL II SHRINE AND INSTITUTE INC

Org PageRecipient Profile

New Haven, CT

PURPOSE: SUPPORT FOR SAINT JOHN PAUL II NATIONAL SHRINE

$8,822,721

JOHN PAUL II SHRINE AND INSTITUTE INC

Org PageRecipient Profile

New Haven, CT

PURPOSE: SUPPORT FOR ACCREDITED EDUCATIONAL INSTITUTION

$2,220,000

KNIGHTS OF COLUMBUS CHARITIES USA INC

Org PageRecipient Profile

New Haven, CT

PURPOSE: DONATIONS TO VARIOUS DESIGNATED FUNDS

$1,827,246

UNITED STATES CONFERENCE OF CATHOLIC BISHOPS

Org PageRecipient Profile

Washington, DC

PURPOSE: SUPPORT PROGRAMS

$1,754,405

THE KNIGHTS OF COLUMBUS MUSEUM INC

Org PageRecipient Profile

New Haven, CT

PURPOSE: SUPPORT PROGRAM SERVICES AND BUILDING MAINTENANCE

$1,100,000

THE KNIGHTS OF COLUMBUS MUSEUM INC

Org PageRecipient Profile

New Haven, CT

PURPOSE: SUPPORT MUSEUM OPERATIONS

$1,077,800
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Knights Of Columbus has recieved totaling $1,500.

Awarding OrganizationAmount
Barki Family Foundation

Edmond, OK

PURPOSE: CHARITABLE CONTRIBUTION

$1,500
View Grant Recipient Profile

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