Online News Association

Analysis

Online News Association is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1999, 27 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, Online News Association reported income of $4.5m and spending of $5.0m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $4.5m (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Online News Association sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 78th percentile within DC. Charities of a similar size with the same main cause include Princeton Friends School ($4.5m), Bridges Academy ($4.5m) and School of Imagination Inc ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $316k (6.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.9m against liabilities of $678k, net assets of $1.2m. It reported 14 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.