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Illinois · Nonprofit

Injustice Watch NFP

Injustice Watch NFP (Illinois) receives grants from 53 organizations whose IRS filings report $6,201,632 to it, the largest being ROBERT R MCCORMICK FOUNDATION ($2,000,000). 33 of them have funded it in more than one year, and 66% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$3.1M
Funders on record
53
Grants received
$6.2M
Net assets
$1.8M
33/53 repeat funderspeak grant-dependency 85%
01What it does

What Injustice Watch NFP does

Mission

Injustice Watch is a Chicago-based nonprofit journalism organization that examines issues of equity and justice in the court system.

As stated on its FY2025 Form 990.

Program

  1. Injustice Watch is a Chicago-based nonprofit journalism organization that examines issues of equity and justice in the court system. Our goal is one of public service: to listen to and center people affected by institutional injustices and provide them with the perspectives, information, and resources needed to hold power to account. We promote transparency and accountability in the court system through our large-scale, investigative projects. We work to ensure equitable access to information and strengthen democracy through intentional audience engagement and community-building. Our work is guided by our core values of accessibility, community, collaboration, and care.

    $1,654,649 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $1,654,649.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($1.0M) Expenses 100 ($853k) Net assets 100 ($351k)2020 Revenue 109 ($1.1M) Expenses 122 ($1.0M) Net assets 113 ($398k)2021 Revenue 128 ($1.3M) Expenses 120 ($1.0M) Net assets 187 ($656k)2022 Revenue 226 ($2.3M) Expenses 133 ($1.1M) Net assets 508 ($1.8M)2023 Revenue 133 ($1.3M) Expenses 174 ($1.5M) Net assets 462 ($1.6M)2024 Revenue 112 ($1.1M) Expenses 223 ($1.9M) Net assets 241 ($845k)2025 Revenue 311 ($3.1M) Expenses 247 ($2.1M) Net assets 525 ($1.8M)
2019202020212022202320242025
Revenue (311)Expenses (247)Net assets (525)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $868k to $2.2M (+159%).

$388k
$556k
$667k
$1.9M
$1.7M
$868k
$2.2M
2019202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

99% of Injustice Watch NFP’s revenue is contributions — more donation-reliant than the typical peer (97% for the typical peer).

This organization
Typical peer · 1,024 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 7 reported years ran a deficit.

$147k
’19
$47k
’20
$259k
’21
$1.1M
’22
−$162k
’23
−$776k
’24
$996k
’25
4.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Nathan Armstrong

Executive Director

As listed on its FY2025 Form 990.

2019202020212022202320242025
Listed12121315161518
Joined·+1+3+2+2+2+4
No longer listed·120131
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 6 funders to 26 funders, grant income rose $143k → $859k.

14 of 53 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 66% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Injustice Watch NFP’s funders (the co-funder graph). Top 30 of 53 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Injustice Watch NFP has a broad base — no single funder exceeds 32% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

67% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Injustice Watch NFP.

32%
largest funder
49%
top three
~7
effective funders

Largest funder’s share by year: 2017 32% · 2018 32% · 2019 41% · 2020 29% · 2021 35% · 2022 78% · 2023 34% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

48% of Injustice Watch NFP's funders are still giving 3 years after their first grant; 62% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

66% of Injustice Watch NFP's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $2.1M that is directly attributable, 83% of it comes from Illinois funders.

IL
NY
MA
PA
CA
DE
OK
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $4.1M arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Injustice Watch NFP runs a healthier operating margin than three-quarters of the 479 civil rights nonprofits its size.

Operating margin32% · top quartile
Months of reserve4.4mo · below the median
Revenue growth (annualized)21% · above the median

this organization peer median middle 50% of peers· 479 civil rights nonprofits $1M–$10M, FY2025

Organizations like Injustice Watch NFP

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 21%Fundraising 0%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

97%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for Injustice Watch NFP: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Injustice Watch NFP?
Injustice Watch NFP (Illinois) receives grants from 53 organizations whose IRS filings report $6,201,632 to it, the largest being ROBERT R MCCORMICK FOUNDATION ($2,000,000). 33 of them have funded it in more than one year, and 66% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Injustice Watch NFP have?
IRS filings report 53 organizations giving $6,201,632 in grants to Injustice Watch NFP, 33 of which have funded it in more than one year.
Who is the largest funder of Injustice Watch NFP?
ROBERT R MCCORMICK FOUNDATION is the largest funder on record, with $2,000,000 in grants. The full list of funders is on this page.
How can an organization like Injustice Watch NFP find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Injustice Watch NFP →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 53 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing