Martin Luther King Jr Celebration Committee Inc

Analysis

Martin Luther King Jr Celebration Committee Inc is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in March 1991, 35 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 April 2024, Martin Luther King Jr Celebration Committee Inc reported income of $79k and spending of $64k, spending 80% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $60k to $79k (+33%), an average of +33% a year. The sharpest change came in the year to April 2024, when income rose by 33%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Martin Luther King Jr Celebration Committee Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Meachum School of Haymanot ($79k), Greenwood High School Athletic Booster Club ($79k) and Independent School of Thought ($79k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 61% of the total. At year end it held assets of $72k against liabilities of $3,671, net assets of $68k.