Fund for Investigative Journalism Inc

Analysis

Fund for Investigative Journalism Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1970, 56 years ago. 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, Fund for Investigative Journalism Inc reported income of $837k and spending of $842k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $424k to $837k (+97%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 120%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fund for Investigative Journalism Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 52nd percentile within DC. Charities of a similar size with the same main cause include Texas Bandmasters Association Inc ($837k), The Golden Scoop LLC ($837k) and Manatee Education Foundation Inc ($837k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $147k (17% of expenses). Other salaries and wages came to $36k. It paid $8,250 in professional fundraising fees. At year end it held assets of $1.7m against liabilities of $23k, net assets of $1.7m. It reported 2 employees.