Nonprofit screen
Screen a listNational Trust for Local News
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$53Mrevenue
FY2024 · +2663% in 3 yrs606staff
4 of 4years filed
’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−14.9%
Months of reserve0.7mo
Revenue growth (annualized)+202.3%
Middle half of peersMedianNational Trust for Local News
Where the money goes FY2024 · $61M spent
Programs$59M97%Management and general$1.5M3%Fundraising$526k1%990 FY2024 · Part IX line 25
Worth checking1
A funder worth 41% of revenue stopped after FY2022
The Lenfest Institute for Journalism Special Asset Fund of Tpf gave about $1.2M a year for two years, 41% of revenue in FY2022.
Funders’ 990-PF grant listsIn its favor2
Strong governance
8 of 8 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VIGrowing faster than peers
Revenue up 202% a year since FY2021, in the top quarter of similar nonprofits.
990 Part I · peer cohort44funders
$5.5Ma year, last 3 years
38%from its largest funder
Funder’21’22’23Foundation to Promote Open SocietyNew in FY2023$6.4MThe Lenfest Institute for Journalism Special Asset Fund of TpfStopped after FY2022$536k$1.8M–John S and James L Knight FoundationNew in FY2023$2.0MThe Klarman Family FoundationSince FY2022$500k$500kRobert W Woodruff Foundation IncNew in FY2023$1.0MMarguerite Casey FoundationNew in FY2023$635kDonor-advised giftsDonors not disclosed$150k$1.5M14 other fundersUp to $500k a year each$35k$232k$1.4M
FundedThrough a donor-advised fundStopped