Central Valley Journalism Collaborative

Analysis

Central Valley Journalism Collaborative is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in March 2022, 4 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 June 2023, Central Valley Journalism Collaborative reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 3 years on record, from December 2021 to June 2023, income grew from $350k to $1.3m (+260%), an average of +90% a year. The sharpest change came in the year to June 2022, when income rose by 157%. Over the whole period it spent 57% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Central Valley Journalism Collaborative sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Foundation Financial Officers Group Inc ($1.3m), Long Beach Public Library Foundation ($1.3m) and Urban Artworks ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $6,060 (0.5% of expenses). Other salaries and wages came to $212k. At year end it held assets of $1.5m against liabilities of $1.3m, net assets of $180k. It reported 1 employees.