King Jr M L Foundation Etf is a 501(c)(3) organization based in Wilmington, Delaware, registered in 2003, with $290,275 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$290K
▲ 1730.6% vs prior year
Civil Rights median: $332K
Expenses (FY2024)
$42K
Net assets
$688K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for King Jr M L Foundation Etf— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For King Jr M L Foundation Etf: 196 mo reserves · +85% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for King Jr M L Foundation Etf— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For King Jr M L Foundation Etf: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $25K (FY2019) to $290K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
85.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$688K
Total liabilities
$0
Net assets
$688K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $290,275▲1731% | $42,130▲287% | $687,856▲55.6% | $687,856▲55.6% | 990PF |
| 2023 | $15,857▲4.9% | $10,895▼76.9% | $442,139▲1.1% | $442,139▲1.1% | 990PF |
| 2022 | $15,121▼59.4% | $47,083▼7.9% | $437,404▼5.8% | $437,404▼5.8% | 990PF |
| 2021 | $37,281▲39.8% | $51,112▲11.6% | $464,495▼2.9% | $464,495▼2.9% | 990PF |
| 2020 | $26,666▲8.3% | $45,816▼2.4% | $478,418▼6.5% | $478,418▼6.5% | 990PF |
| 2019 | $24,618 | $46,958 | $511,944 | $511,944 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for King Jr M L Foundation Etf (EIN 22-6890421) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.