Nonprofit screen
Screen a listMartin Luther King Economic Development Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$1.2Mrevenue
FY2024 · +9% in 3 yrs3staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin4.2%
Months of reserve5.0mo
Revenue growth (annualized)−1.3%
Middle half of peersMedianMartin Luther King Economic Development
Where the money goes FY2024 · $1.2M spent
Programs$1.0M90%Management and general$121k10%990 FY2024 · Part IX line 25
Nothing to check in the filings
In its favor1
A history of government grants
Government grants on 3 of its 4 returns, 1% of revenue in FY2020.
990 Part VIII5funders
$75ka year, last 3 years
75%from its largest funder
Funder’18’19’20’21’22’23Local Initiatives Support CorporationOn and off$50k$5k$36kJoseph and Vera Zilber Family Foundation IncOn and off$3kDonor-advised giftsDonors not disclosed$50k$110k$50k$30k
FundedThrough a donor-advised fund