Northern California Dr Martin Luther King Jr Community Foundatio

Analysis

Northern California Dr Martin Luther King Jr Community Foundatio is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Northern California Dr Martin Luther King Jr Community Foundatio reported income of $311k and spending of $307k, spending 99% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $134k to $311k (+133%), an average of +53% a year. The sharpest change came in the year to June 2024, when income rose by 99%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northern California Dr Martin Luther King Jr Community Foundatio sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Maaser Fund Corp ($311k), Homebridge Ventures Inc ($311k) and Architects of Hope Inc ($311k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. At year end it held assets of $108k against liabilities of $46k, net assets of $62k.