Philanthropy & Grantmaking
(T30)
IRS Verified
DX Registered
990 on File
CHARLOTTE KNIGHTS CHARITIES INC
Financial strength (30%)
79/100
Reliability (20%)
50/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
CKC is the philanthropic base of the Charlotte Knights that actively supports and strengthens community programs through baseball that will enhance and grow the quality of life in the Charlotte area. CKC is organized to provide financial assistance to charitable organizations with the goal of advancing education, care, and to promote recreational activities to disadvantaged and underprivileged adults and children. The Charlotte Knights and CKC want to inspire, grow, and embrace the Charlotte community to create and leave a lasting legacy.
Financial Overview — FY 2024
$178K
Total Revenue
$174K
Total Expenses
$250K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.6%
Fundraising Efficiency
0.0%
Operating Reserve
17.29x
Liability-to-Asset
0.0%
Revenue Diversification
70.6%
Compared with Peers
FY 2024
Compared with 16,645 similar organizations
(United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
90.6% | 90.2% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.4% | 7.9% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 7.3% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
17.3 mo | 95.2 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
70.6% | 90.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-14.9% | 18.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
18.7% | 6.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.6% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $178K | $174K | $250K | 90.6% | 0 |
| 2023 | $209K | $146K | $246K | 86.8% | 0 |
| 2022 | $170K | $149K | $182K | 92.5% | 0 |
| 2021 | $188K | $137K | N/A | — | 1 |
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