Martin Luther King Jr Memorial Scholarship Committee
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 46,573 | 39,156 | 7,417 | 42.9 | — |
| 2011 | 50,601 | 49,010 | 1,591 | 34.7 | — |
| 2012 | 52,293 | 44,711 | 7,582 | 41.5 | — |
| 2013 | 57,868 | 48,765 | 9,103 | 41.5 | — |
| 2014 | 93,664 | 75,997 | 17,667 | 29.5 | — |
| 2015 | 115,436 | 90,260 | 25,176 | 27.7 | — |
| 2016 | 112,281 | 112,046 | 235 | 22.0 | — |
| 2017 | 130,570 | 91,322 | 39,248 | 33.1 | — |
| 2018 | 123,532 | 97,370 | 26,162 | 33.7 | — |
| 2019 | 259,096 | 134,856 | 124,240 | 35.4 | 0% |
| 2020 | 296,172 | 194,213 | 101,959 | 30.9 | 0% |
| 2021 | 317,043 | 258,947 | 58,096 | 25.8 | 0% |
| 2022 | 202,900 | 213,682 | −10,782 | 30.7 | 0% |
| 2023 | 288,406 | 222,009 | 66,397 | 33.1 | 0% |
In its most recent public year (2023), this organization brought in $66,397 more than it spent. Its reserves stood at about 33.1 months of spending, down from 42.9 in 2010. Staff pay was 0% 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
Martin Luther King Jr Memorial Scholarship Committee's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works