Near East Media

Analysis

Near East Media is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Near East Media reported income of $1.2m and spending of $1.3m, spending 113% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $644k to $1.2m (+80%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 104%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Near East Media sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Jewish Family Service of Greater Dallas Foundation ($1.2m), Operation Shoebox ($1.2m) and Neighborhood Housing Services of Brooklyn Bedford-Stuyvesant CDC in ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $32k (2.4% of expenses). Other salaries and wages came to $60k. At year end it held assets of $1.1m against liabilities of $16k, net assets of $1.1m. It reported 1 employees.