Investigative Newsource

Analysis

Investigative Newsource is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Investigative Newsource reported income of $2.0m and spending of $2.2m, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.8m to $2.0m (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Investigative Newsource sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Phoenix Academy ($2.0m), Institute for Islamic Christian and Jewish Studies Inc ($2.0m) and Idaho College and Career Readiness Academy Incorporated ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $64k (3.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $725k against liabilities of $67k, net assets of $658k. It reported 24 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.