Martin Luther King Jr Child Care Center

Analysis

Martin Luther King Jr Child Care Center is a registered charity in United States, based in Salina, KS. It received its IRS tax-exemption ruling in October 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Martin Luther King Jr Child Care Center reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.3m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Martin Luther King Jr Child Care Center sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within KS. Charities of a similar size with the same main cause include The@hub Resource Center Inc Christian Brothers Charity Hub Inc ($1.3m), Waxahachie C a R E Services ($1.3m) and Young Mens Christian Association of Ardmore Oklahoma ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (4.7% of expenses). Other salaries and wages came to $70k. At year end it held assets of $36k against liabilities of $0, net assets of $36k. It reported 3 employees.