Martin Luther King Neighborhood Association

Analysis

Martin Luther King Neighborhood Association is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in September 2012, 14 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 December 2023, Martin Luther King Neighborhood Association reported income of $68k and spending of $121k, spending 179% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $68k (-3.2%), an average of -3.2% a year. Over the whole period it spent 158% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Martin Luther King Neighborhood Association sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within LA. Charities of a similar size with the same main cause include Project St Nicholas Returns ($68k), Allyhoo ($68k) and Alpha Housing Opportunities Corporation ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. At year end it held assets of $176k against liabilities of $1,031, net assets of $175k.