Philanthropy & Grantmaking
(T30)
IRS Verified
DX Registered
990 on File
MARTIN LUTHER KING JR PARADE FOUNDATION INC
Financial strength (30%)
62/100
Reliability (20%)
50/100
Effectiveness (25%)
63/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Join us in our mission to perpetuate Dr. Martin Luther King Jr's dream and legacy by continuing to fight for freedom, justice, and equality for all. We are the producers of the Original MLK Jr Day Parade and unified Downtown Houston as the MLK Unity Parade. As we inspire, promote, and honor the legacy of Dr. Martin Luther King Jr. during the federal holiday on the third Monday of January and throughout the year, with commemorative parades and celebratory community activities, we advocate for equal rights for all people. The organization subscribes to Activism, Advocacy, and Action for the underprivileged, underserved, and those seeking justice and equality.
Financial Overview — FY 2025
$94K
Total Revenue
$81K
Total Expenses
$7K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
79.2%
Fundraising Efficiency
N/A
Operating Reserve
1.00x
Liability-to-Asset
92.9%
Revenue Diversification
69.8%
Compared with Peers
FY 2025
Compared with 11,336 similar organizations
(United States, Philanthropy & Grantmaking, under $100K in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.2% | 86.1% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.0 mo | 119.9 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
92.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
69.8% | 92.1% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-52.1% | 5.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-43.6% | 2.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
14.6% | 11.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $94K | $81K | $7K | 79.2% | — |
| 2024 | $197K | $143K | $57K | 66.0% | — |
| 2023 | $173K | $155K | $11K | 100.0% | — |
| 2022 | $89K | $39K | $82K | 0.0% | — |
| 2021 | $140K | $29K | N/A | — | 1 |
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