Martin Luther King Jr Health Associates

Analysis

Martin Luther King Jr Health Associates is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation 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 Health Associates reported income of $8.9m and spending of $8.9m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $984k to $8.9m (+808%), an average of +109% a year. The sharpest change came in the year to June 2021, when income rose by 574%. Over the whole period it spent 98% 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 Jr Health Associates sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Charlevoix Nursing Home Corporation ($8.9m), Center for Aging and Rehabilitation of Sarasota Inc ($8.9m) and Wayne Memorial Long Term Care Inc ($8.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $7.0m. At year end it held assets of $1.1m against liabilities of $1.1m, net assets of $1,721. It reported 34 employees.