50
Martin Luther King Community Center Incorporated
Recreation & Sports · Newport, Rhode Island
20 Dr Marcus Wheatland Blvd, Newport, RI 02840-2050
EIN: 050271882· Founded: Apr 1984· 42 years active· Filing Year: 2024
Annual Revenue
$4.4M
Total Expenses
$4.4M
Total Assets
$17.0M
Program Spending
12%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$215K
4.9% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$1.2M
Total Payroll
$1.4M
31% of total expenses
Where the Money Goes
12%
Programs: 12%
Payroll: 31%
Other overhead: 88%
Program Revenue$531K (12%)
Total Expenses$4.4M (100%)
Payroll$1.4M (31%)
Overhead (non-program)88%
Trust Score Breakdown
Program Spending Ratio
12% of expenses go to programs
Revenue & Stability
$4.4M annual revenue
Executive Compensation
$215K total officer comp (4.9% of expenses)
Filing Recency
Most recent filing: 2024
Asset Strength
$17.0M in assets
Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.