Knights Of Columbus

Organization Overview

Knights Of Columbus, operating under the name Sacred Heart Council #2577, is located in Bowie, MD. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Sacred Heart Council #2577 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 06/2021, Sacred Heart Council #2577 generated $32.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (29.1%) each year. All expenses for the organization totaled $41.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (23.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FRATERNAL ORGANIZATION PROVIDING COMMUNITY SERVICE AND SUPPORT

Describe the Organization's Program Activity:

Part 3 - Line 4a

FRATERNAL AND COMMUNITY SUPPORT


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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$26,159
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $32,707

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