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Journalism for Change Inc

RegisteredEIN 47-2148160Arlington, VAArts, culture, heritage and science
Income$2.8m2023-12
Spending$3.0msame year
Spent / received99%5-year average
Size in its cause94th pctArts, culture, heritage and science
Exempt since2015Publicly supported organisat
Employees4latest return

Analysis

Journalism for Change Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Journalism for Change Inc reported income of $2.8m and spending of $3.0m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.8m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Journalism for Change Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Burnon Inc ($2.8m), Jason Learning ($2.8m) and Palos Verdes Performing Arts ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $170k (5.7% of expenses). Other salaries and wages came to $140k. At year end it held assets of $733k against liabilities of $472k, net assets of $260k. It reported 4 employees.

Income and spending

$0$978k$2.0m$2.9m$3.9m2019 Income: $2,286,4722019 Spending: $2,248,99220192020 Income: $3,190,1762020 Spending: $3,172,13320202021 Income: $3,913,2772021 Spending: $3,857,08520212022 Income: $2,773,2612022 Spending: $2,651,34220222023 Income: $2,833,3842023 Spending: $2,982,2592023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Burnon IncVentura$2.8m
Jason LearningAshburn$2.8m
Palos Verdes Performing ArtsRLLNG HLS Est$2.8m
Investigative Reporters and Editors IncColumbia$2.8m