Charity Search / MEADVILLE MARTIN LUTHER KING JR SCHOLARSHIP FUND
Education (B82) IRS Verified DX Registered 990 on File

MEADVILLE MARTIN LUTHER KING JR SCHOLARSHIP FUND

EIN: 46-2752168 · MEADVILLE, PA 16335-0205 · United States · FY 2024 Data
3 out of 5 55 / 100 Based on 2+ years of filings
Financial strength (30%) 89/100
Reliability (20%) 50/100
Effectiveness (25%) 73/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$177K
Total Revenue
$104K
Total Expenses
$343K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 91.7%
Fundraising Efficiency N/A
Operating Reserve 39.59x
Liability-to-Asset 2.8%
Revenue Diversification 80.2%
Compared with Peers
FY 2024
Compared with 15,968 similar organizations (United States, Education, $100K–$1M in expenses), FY 2024.
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
91.7% 89.3%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
39.6 mo 9.3 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
2.8% 0.3%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
80.2% 89.4%
P10P90
Above median
Revenue growth
Year over year revenue growth
11.6% 8.4%
P10P90
Expense growth
Year over year expense growth
-16.1% 9.0%
P10P90
Surplus margin
Surplus as a share of revenue
41.3% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $177K $104K $343K 91.7% —
2023 $159K $124K $273K 90.6% —
2022 $123K $107K $209K 84.6% —
2021 $279K $125K N/A — 1
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Organization Details
EIN
46-2752168
State
PA
City
MEADVILLE
ZIP
16335-0205
Classification
B82
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
16
Form 990
On File
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