Nation Fund for Independent Journalism Inc

Analysis

Nation Fund for Independent Journalism Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Nation Fund for Independent Journalism Inc reported income of $652k and spending of $584k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $538k to $652k (+21%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nation Fund for Independent Journalism Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Youth Village Resources of Dallas Inc ($652k), Ga Telesis Charitable Fund Inc ($652k) and Delaware Breast Cancer Coalition Resale Shop Inc ($652k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $195k against liabilities of $137k, net assets of $58k. It reported 17 employees.