Institute for Nonprofit News

Analysis

Institute for Nonprofit News is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in March 2012, 14 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 December 2023, Institute for Nonprofit News reported income of $8.5m and spending of $9.9m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.6m to $8.5m (-1.8%), an average of -0.4% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Nonprofit News sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Sea Crest School Inc ($8.5m), Accreditation Review Commission on Education for the Physician Assis ($8.5m) and Cherokee Charter Academy Inc ($8.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $1.4m (14% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $7.5m against liabilities of $565k, net assets of $6.9m. It reported 24 employees.