Martin Luther King Jr Freedom Center

Analysis

Martin Luther King Jr Freedom Center is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in May 2001, 25 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 Jr Freedom Center reported income of $1.9m and spending of $1.8m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $311k to $1.9m (+523%), an average of +58% a year. The sharpest change came in the year to December 2020, when income rose by 446%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Martin Luther King Jr Freedom Center 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 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Exceptional Childrens Assistance Center Inc ($1.9m), Utah Parent Center Inc ($1.9m) and Ross County Committee for Elderly Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $32k (1.8% of expenses). Other salaries and wages came to $573k. It paid $5,121 in professional fundraising fees. At year end it held assets of $1.5m against liabilities of $716k, net assets of $814k. It reported 17 employees.