Martin Luther King Jr Community Medical Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 377,250 | 744,796 | −367,546 | -5.9 | 13% |
| 2018 | 4,132,093 | 4,615,908 | −483,815 | -2.2 | 36% |
| 2019 | 15,985,867 | 15,010,708 | 975,159 | 0.1 | 17% |
| 2020 | 24,807,470 | 24,668,929 | 138,541 | 0.1 | 21% |
| 2021 | 25,848,539 | 31,834,952 | −5,986,413 | -2.2 | 13% |
| 2022 | 27,204,999 | 34,375,862 | −7,170,863 | -4.5 | 14% |
| 2023 | 27,875,579 | 36,269,495 | −8,393,916 | -7.0 | 15% |
In its most recent public year (2023), this organization spent $8,393,916 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7 months). Staff pay was 15% of spending. $785,268 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
Martin Luther King Jr Community Medical Foundation'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