Martin Luther King Jr Center for Non Violent Social Change Inc

Analysis

Martin Luther King Jr Center for Non Violent Social Change Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 1969, 57 years ago. 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 2023, Martin Luther King Jr Center for Non Violent Social Change Inc reported income of $12.5m and spending of $10.0m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $12.5m (+174%), an average of +29% a year. The sharpest change came in the year to June 2021, when income rose by 125%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Martin Luther King Jr Center for Non Violent Social Change Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include The Guidance Center ($12.5m), Brooklyn Legal Services Corp a ($12.6m) and Holy Name Housing Corporation ($12.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $15.5m against liabilities of $344k, net assets of $15.2m. It reported 42 employees.