Dr Martin Luther King Jr Scholarship Trust Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 225,988 | 155,980 | 70,008 | 33.5 | 0% |
| 2012 | 186,593 | 150,235 | 36,358 | 41.8 | 0% |
| 2013 | 133,054 | 114,264 | 18,790 | 58.4 | 0% |
| 2014 | 155,291 | 139,494 | 15,797 | 51.4 | 0% |
| 2015 | 171,791 | 126,451 | 45,340 | 61.7 | 0% |
| 2016 | 161,869 | 130,032 | 31,837 | 60.1 | 0% |
| 2017 | 148,365 | 102,246 | 46,119 | 85.9 | 0% |
| 2018 | 256,594 | 114,008 | 142,586 | 93.5 | 0% |
| 2019 | 418,955 | 149,389 | 269,566 | 95.7 | 0% |
| 2020 | 347,817 | 165,483 | 182,334 | 96.0 | 0% |
| 2021 | 318,086 | 189,865 | 128,221 | 95.0 | 0% |
| 2022 | 495,057 | 211,089 | 283,968 | 110.0 | 0% |
In its most recent public year (2022), this organization brought in $283,968 more than it spent. Its reserves stood at about 110 months of spending, up from 33.5 in 2011. Staff pay was 0% of spending. $1,034,467 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 2022. 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 Trust Fund's IRS filings as a feed — one entry per filing year, through 2022. 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