MLK Commemorative Committee Inc

Analysis

MLK Commemorative Committee Inc is a registered charity in United States, based in The Villages, FL. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, MLK Commemorative Committee Inc reported income of $76k and spending of $65k, spending 86% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $109k to $76k (-30%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, MLK Commemorative Committee Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Northwest Gis User Group Inc ($76k), Friends of the Louisville Free Public Library ($76k) and Rebecca K Hyland Memorial Scholarship Fund ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $121k against liabilities of $0, net assets of $121k.