Dr Martin Luther King Jr Scholarship Fund Of Rutherford
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 38,755 | 47,214 | −8,459 | 14.6 | — |
| 2012 | 49,213 | 38,230 | 10,983 | 21.5 | — |
| 2013 | 67,656 | 51,256 | 16,400 | 19.9 | — |
| 2014 | 66,150 | 51,486 | 14,664 | 22.2 | — |
| 2015 | 65,105 | 55,517 | 9,588 | 22.7 | — |
| 2016 | 54,974 | 52,179 | 2,795 | 24.8 | — |
| 2017 | 104,723 | 86,647 | 18,076 | 17.4 | — |
| 2018 | 102,904 | 85,305 | 17,599 | 20.2 | — |
| 2019 | 85,834 | 111,760 | −25,926 | 12.6 | — |
| 2020 | 55,280 | 80,472 | −25,192 | 13.8 | — |
| 2021 | 55,561 | 70,245 | −14,684 | 13.3 | — |
| 2022 | 42,419 | 67,422 | −25,003 | 9.4 | — |
| 2023 | 49,209 | 54,012 | −4,803 | 10.6 | — |
In its most recent public year (2023), this organization spent $4,803 more than it brought in. Its reserves stood at about 10.6 months of spending, down from 14.6 in 2011.
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
Dr Martin Luther King Jr Scholarship Fund Of Rutherford'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