Local Journalism Project Inc

Analysis

Local Journalism Project Inc is a registered charity in United States, based in Provincetown, MA. It received its IRS tax-exemption ruling in June 2022, 4 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 December 2023, Local Journalism Project Inc reported income of $305k and spending of $274k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $162k to $305k (+88%), an average of +88% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Local Journalism Project Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Operation Classroom Inc ($305k), Highland Lakes Health Fund ($305k) and BCL Foundation Inc ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.