Investigative Reporters and Editors Inc

Analysis

Investigative Reporters and Editors Inc is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in September 1975, 51 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 June 2023, Investigative Reporters and Editors Inc reported income of $2.8m and spending of $2.8m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.0m to $2.8m (-6.1%), an average of -1.6% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Investigative Reporters and Editors 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 87th percentile within MO. Charities of a similar size with the same main cause include Jason Learning ($2.8m), Otis Redding Foundation Inc ($2.8m) and Journalism for Change Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $190k (6.8% of expenses). Other salaries and wages came to $887k. At year end it held assets of $8.8m against liabilities of $1.1m, net assets of $7.6m. It reported 5 employees.