Martin Luther King Jr Family Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,968,792 | 2,295,574 | −326,782 | 1.8 | 60% |
| 2012 | 2,001,560 | 2,093,183 | −91,623 | 1.4 | 60% |
| 2013 | 1,636,188 | 1,768,503 | −132,315 | 0.8 | 55% |
| 2014 | 1,814,516 | 1,496,532 | 317,984 | 3.4 | 56% |
| 2015 | 1,606,199 | 1,485,774 | 120,425 | 3.7 | 55% |
| 2016 | 1,572,956 | 1,487,373 | 85,583 | 4.3 | 56% |
| 2017 | 1,514,668 | 1,549,198 | −34,530 | 3.9 | 53% |
| 2018 | 1,496,942 | 1,488,859 | 8,083 | 4.1 | 54% |
| 2019 | 1,299,413 | 1,343,179 | −43,766 | 4.2 | 47% |
| 2020 | 1,652,097 | 1,469,920 | 182,177 | 5.3 | 55% |
| 2021 | 1,892,985 | 1,514,983 | 378,002 | 8.2 | 56% |
| 2022 | 1,779,741 | 1,452,504 | 327,237 | 11.2 | 52% |
| 2023 | 1,986,917 | 1,535,157 | 451,760 | 14.2 | 46% |
In its most recent public year (2023), this organization brought in $451,760 more than it spent. Its reserves stood at about 14.2 months of spending, up from 1.8 in 2011. Staff pay was 46% of spending. $56,364 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
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