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Unc Hussman School of Journalism and Media Foundation

RegisteredEIN 56-6034739Chapel Hill, NCEducation and training
Income$3.5m2023-06
Spending$3.7msame year
Spent / received64%5-year average
Size in its cause86th pctEducation and training
Exempt since1950Publicly supported organisat
Employees0latest return

Analysis

Unc Hussman School of Journalism and Media Foundation is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in October 1950, 76 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 June 2023, Unc Hussman School of Journalism and Media Foundation reported income of $3.5m and spending of $3.7m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $12.8m to $3.5m (-73%), an average of -28% a year. The sharpest change came in the year to June 2021, when income rose by 182%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Unc Hussman School of Journalism and Media Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Shepherd University Foundation Inc ($3.5m), Chrysalis Charter School ($3.5m) and Carpe Diem Academy Corporation ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $47.5m against liabilities of $4,448, net assets of $47.5m.

Income and spending

$0$3.2m$6.4m$9.6m$12.8m2019 Income: $12,794,6602019 Spending: $1,841,06520192020 Income: $2,433,2692020 Spending: $1,046,32120202021 Income: $6,859,9442021 Spending: $6,196,93120212022 Income: $2,786,3272022 Spending: $5,299,97920222023 Income: $3,474,7902023 Spending: $3,659,9312023
IncomeSpending

Where the income comes from

  • Contributions & grants 95%
  • Other 5.4%

Similar-sized charities, same cause

CharityLocationIncome
Shepherd University Foundation IncShepherdstown$3.5m
Chrysalis Charter SchoolPalo Cedro$3.5m
Carpe Diem Academy CorporationMiami$3.5m
College of the Desert FoundationPalm Desert$3.5m