The National Press Club Journalism Institute Inc

Analysis

The National Press Club Journalism Institute Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The National Press Club Journalism Institute Inc reported income of $668k and spending of $687k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $668k (-40%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 423%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The National Press Club Journalism Institute Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 48th percentile within DC. Charities of a similar size with the same main cause include Southeastern Preparatory Academy Inc ($668k), Iowa State University 1993 Trust ($668k) and Kingwood Montessori School Inc ($667k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $155k (22% of expenses). Other salaries and wages came to $189k. At year end it held assets of $9.6m against liabilities of $64k, net assets of $9.5m.