Martin Luther King Gardens Inc

Analysis

Martin Luther King Gardens Inc is a registered charity in United States, based in Bloomfield, NJ. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Martin Luther King Gardens Inc reported income of $3.9m and spending of $2.2m, leaving 43% of income unspent that year. The sharpest change came in the year to December 2021, when income rose by 279%. Over the whole period it spent 56% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Martin Luther King Gardens Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Sycamore Land Trust Incorporated ($3.9m), American Horticultural Society Inc ($3.9m) and Watershed Institute Inc ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. Other salaries and wages came to $228k. At year end it held assets of $25.7m against liabilities of $18.7m, net assets of $7.0m. It reported 4 employees.