Martin Luther King Jr Los Angeles Healthcare Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 344,138,947 | 328,784,514 | 15,354,433 | 4.0 | 31% |
| 2021 | 354,664,928 | 343,592,014 | 11,072,914 | 4.5 | 29% |
| 2022 | 366,589,005 | 375,211,113 | −8,622,108 | 3.4 | 27% |
| 2023 | 377,768,499 | 412,570,722 | −34,802,223 | 2.2 | 25% |
In its most recent public year (2023), this organization spent $34,802,223 more than it brought in. Its reserves stood at about 2.2 months of spending, down from 4 in 2020. Staff pay was 25% of spending. $579,199 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works