Martin Luther King Community Center Incorporated
Newport, Rhode Island
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $4,371,729↓23% | $4,404,420↑15% | $17,015,918↑2% | — |
| 2023 | $5,654,221↓50% | $3,834,925↑12% | $16,752,666↑17% | — |
| 2022 | $11,301,540↑553% | $3,418,485↑136% | $14,330,533↑104% | — |
| 2021 | $1,731,243↓72% | $1,451,022↓48% | $7,024,832↑7% | — |
| 2020 | $6,210,472↑131% | $2,775,089↑21% | $6,574,434↑116% | — |
| 2019 | $2,683,982↑22% | $2,293,351↑19% | $3,044,688↑7% | — |
| 2018 | $2,198,900↓3% | $1,930,464↑4% | $2,840,541↑10% | — |
| 2017 | $2,260,510↑14% | $1,859,856↑12% | $2,574,960↑18% | — |
| 2016 | $1,988,069↑7% | $1,663,502↑7% | $2,188,425↑17% | — |
| 2015 | $1,851,844↑9% | $1,556,456↑8% | $1,863,732↑17% | — |
| 2014 | $1,706,565↑41% | $1,438,706↑50% | $1,592,363↑25% | — |
| 2013 | $1,206,885↑23% | $957,322↑18% | $1,271,419↑24% | — |
| 2012 | $983,433↑7% | $813,932↑5% | $1,027,071↑15% | — |
| 2011 | $915,010 | $776,676 | $894,653 | — |
Frequently Asked Questions
What does Martin Luther King Community Center Incorporated do?▼
Martin Luther King Community Center Incorporated is a recreation & sports nonprofit organization based in Rhode Island. It is classified under NTEE code N31Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Martin Luther King Community Center Incorporated financially healthy?▼
Based on our 9-metric Financial Health Score model, Martin Luther King Community Center Incorporated has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Martin Luther King Community Center Incorporated generate?▼
Martin Luther King Community Center Incorporated reports $6.4M in annual revenue and holds $19.0M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Recreation & Sports category, or browse all nonprofits in Rhode Island.