CSCharityScored
51

Martin Luther King Economic Development Corporation

Community Development · Miami, Florida

6114 Nw 7Th Ave, Miami, FL 33127-1112

EIN: 592042422· Founded: Sep 1983· 43 years active· Filing Year: 2023

Annual Revenue

$1.9M

Total Expenses

$939K

Total Assets

$1.8M

Program Spending

43%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$82K

Total Payroll

$82K

9% of total expenses

Where the Money Goes

43%
Programs: 43%
Payroll: 9%
Other overhead: 57%
Program Revenue$402K (21%)
Total Expenses$939K (49%)
Payroll$82K (9%)
Overhead (non-program)57%

Trust Score Breakdown

Program Spending Ratio

43% of expenses go to programs

40%

Revenue & Stability

$1.9M annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.8M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.