CSCharityScored
40

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: 2024

Annual Revenue

$1.6M

Total Expenses

$1.8M

Total Assets

$1.6M

Program Spending

21%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

$75K

Total Payroll

$75K

4% of total expenses

Where the Money Goes

21%
Programs: 21%
Payroll: 4%
Other overhead: 79%
Program Revenue$382K (24%)
Total Expenses$1.8M (100%)
Payroll$75K (4%)
Overhead (non-program)79%

Trust Score Breakdown

Program Spending Ratio

21% of expenses go to programs

40%

Revenue & Stability

$1.6M annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$1.6M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.