Journalism Funding Partners

Analysis

Journalism Funding Partners is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Journalism Funding Partners reported income of $3.2m and spending of $3.3m, spending 102% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $353k to $3.2m (+819%), an average of +110% a year. The sharpest change came in the year to December 2021, when income rose by 312%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Journalism Funding Partners sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Center for Community Self-Help ($3.2m), Foundation for a Strong Maine Economy ($3.2m) and Progressive Workshop of Armstrong County Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $130k (3.9% of expenses). Other salaries and wages came to $7,952. At year end it held assets of $1.6m against liabilities of $695k, net assets of $908k. It reported 2 employees.