Martin Luther King Jr Community Health Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 0 | 85,791 | −85,791 | -12.0 | — |
| 2013 | 4,064,533 | 2,587,620 | 1,476,913 | 6.3 | 15% |
| 2014 | 6,743,311 | 4,809,446 | 1,933,865 | 8.2 | 9% |
| 2015 | 1,249,557 | 4,058,888 | −2,809,331 | 1.4 | 11% |
| 2016 | 5,114,364 | 1,390,361 | 3,724,003 | 36.1 | 35% |
| 2017 | 3,813,892 | 5,625,448 | −1,811,556 | 5.1 | 12% |
| 2018 | 13,261,823 | 8,844,599 | 4,417,224 | 9.2 | 11% |
| 2019 | 6,958,834 | 2,716,651 | 4,242,183 | 48.7 | 35% |
| 2020 | 16,624,972 | 18,760,553 | −2,135,581 | 5.7 | 6% |
| 2021 | 8,250,886 | 11,663,979 | −3,413,093 | 6.0 | 12% |
| 2022 | 7,033,246 | 4,519,005 | 2,514,241 | 22.2 | 24% |
| 2023 | 5,930,005 | 9,095,173 | −3,165,168 | 6.8 | 15% |
In its most recent public year (2023), this organization spent $3,165,168 more than it brought in. Its reserves stood at about 6.8 months of spending, up from -12 in 2012. Staff pay was 15% of spending. $3,487,000 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