Martin Luther King Community Center Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 915,010 | 776,676 | 138,334 | 8.2 | 46% |
| 2012 | 983,433 | 813,932 | 169,501 | 10.3 | 48% |
| 2013 | 1,206,885 | 957,322 | 249,563 | 11.9 | 49% |
| 2014 | 1,706,565 | 1,438,706 | 267,859 | 10.7 | 37% |
| 2015 | 1,851,844 | 1,556,456 | 295,388 | 12.2 | 37% |
| 2016 | 1,988,069 | 1,663,502 | 324,567 | 13.8 | 40% |
| 2017 | 2,260,510 | 1,859,856 | 400,654 | 14.9 | 40% |
| 2018 | 2,198,900 | 1,930,464 | 268,436 | 15.8 | 39% |
| 2019 | 2,683,982 | 2,293,351 | 390,631 | 15.6 | 37% |
| 2020 | 6,210,472 | 2,775,089 | 3,435,383 | 28.1 | 35% |
| 2021 | 1,731,243 | 1,451,022 | 280,221 | 57.1 | 37% |
| 2022 | 11,301,540 | 3,418,485 | 7,883,055 | 49.4 | 34% |
| 2023 | 5,654,221 | 3,834,925 | 1,819,296 | 50.7 | 33% |
| 2024 | 4,371,729 | 4,404,420 | −32,691 | 45.9 | 31% |
In its most recent public year (2024), this organization spent $32,691 more than it brought in. Its reserves stood at about 45.9 months of spending, up from 8.2 in 2011. Staff pay was 31% of spending. $5,534,044 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 2024. 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 Community Center Incorporated's IRS filings as a feed — one entry per filing year, through 2024. 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