Martin Luther King Health Center

Analysis

Martin Luther King Health Center is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in February 1990, 36 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 May 2023, Martin Luther King Health Center reported income of $2.2m and spending of $1.7m, leaving 20% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $2.1m to $2.2m (+2.3%), an average of +0.6% a year. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Martin Luther King Health Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within LA. Charities of a similar size with the same main cause include Medical Students for Choice ($2.2m), Armstrong County Council on Alcohol and Other Drugs Inc ($2.2m) and Institute for Medicaid Innovation Inc ($2.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $194k (11% of expenses). Other salaries and wages came to $281k. At year end it held assets of $2.4m against liabilities of $113k, net assets of $2.3m. It reported 12 employees.