Institute for Public Accuracy

Analysis

Institute for Public Accuracy is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Institute for Public Accuracy reported income of $518k and spending of $996k, spending 192% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $834k to $518k (-38%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Institute for Public Accuracy sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Intercultural Community Center ($518k), United Sherpa Association Inc ($518k) and Band of Angels Corp ($518k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $74k (7.5% of expenses). Other salaries and wages came to $181k. At year end it held assets of $423k against liabilities of $18k, net assets of $405k. It reported 4 employees.