Alternative Newsweekly Foundation

Analysis

Alternative Newsweekly Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Alternative Newsweekly Foundation reported income of $2.8m and spending of $895k, leaving 68% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $137k to $2.8m (+1956%), an average of +1956% a year. The sharpest change came in the year to September 2023, when income rose by 1956%. Over the whole period it spent 35% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Alternative Newsweekly Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 72nd percentile within DC. Charities of a similar size with the same main cause include Blue Jacket Inc ($2.8m), Rowell Family Empowerment of Northern California Inc ($2.8m) and Pregnancy Justice Inc ($2.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 6.3% of the total. At year end it held assets of $2.0m against liabilities of $104k, net assets of $1.9m.