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New York · Nonprofit

PRO PUBLICA INC

PRO PUBLICA INC (New York) receives grants from 677 organizations whose IRS filings report $255,583,455 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($33,932,725). 414 of them have funded it in more than one year.

Revenue FY2025
$75M
Funders on record
677
Grants received
$256M
Net assets
$126M
414/677 repeat fundersgrants exceed reported revenue in one year
01What it does

What Pro Publica Inc does

Mission

Pro publica is an independent, non-profit, pulitzer prize-winning newsroom that produces investigative journalism in the public interest. Our work focuses exclusively on truly important stories. [see continuation on schedule o] we produce journalism that shines a light on exploitation of the weak by the strong and on the failures of those with power to vindicate the trust placed in them. In the best traditions of american journalism in the public service, we aim to stimulate positive change, uncovering unsavory practices and abuses of power in order to prod reform. We do this in an entirely non-partisan and non-ideological manner, adhering to the strictest standards of journalistic impartiality.propublica is an independent, non-profit, pulitzer prize-winning newsroom that produces investigative journalism in the public interest.

As stated on its FY2025 Form 990.

Program

  1. In 2025, propublica produced deep-dive investigative reporting in the public interest across critical beats, including democracy and government oversight, voting and elections, healthcare, climate change and the environment, immigration, education, housing, racial justice, children and families and criminal justice. Our investigations uncovered abuses of power and systemic failures and led to meaningful impact - including the passage of new laws, reversals of harmful policies and practices, and accountability for leaders and institutions. [see continuation on schedule o]propublica was awarded the 2025 pulitzer prize for public service for the series "life of the mother," a landmark investigation into the unexamined, irreversible consequences of state abortion bans. The reporting made clear, for the first time, that in the wake of these bans, women are losing their lives in ways that experts have deemed preventable. The series brought national attention to women denied care, leading to real change: texas passed a bipartisan law to clarify when doctors can legally terminate a pregnancy to protect the life of the patient.we continued to make progress on our five-year strategic plan,…

    $40,908,775 spentof which $2,052,391 as grants$193,152 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $40,908,775.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($44M) Expenses 100 ($18M) Net assets 100 ($37M)2018 Revenue 61 ($27M) Expenses 132 ($24M) Net assets 107 ($40M)2019 Revenue 90 ($39M) Expenses 157 ($29M) Net assets 135 ($51M)2020 Revenue 86 ($38M) Expenses 165 ($30M) Net assets 155 ($58M)2021 Revenue 83 ($36M) Expenses 187 ($34M) Net assets 161 ($60M)2022 Revenue 102 ($45M) Expenses 220 ($40M) Net assets 155 ($58M)2023 Revenue 133 ($58M) Expenses 241 ($44M) Net assets 202 ($75M)2024 Revenue 147 ($64M) Expenses 250 ($46M) Net assets 263 ($98M)2025 Revenue 172 ($75M) Expenses 280 ($51M) Net assets 336 ($126M)
'17'18'19'20'21'22'23'24'25
Revenue (172)Expenses (280)Net assets (336)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 $108M to $135M (+25%).

$38M
$41M
$51M
$59M
$61M
$63M
$86M
$108M
$135M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

95% of PRO PUBLICA INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (58% for the typical peer).

This organization
Typical peer · 810 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$25M
’17
$2.6M
’18
$11M
’19
$7.3M
’20
$1.9M
’21
$4.2M
’22
$14M
’23
$19M
’24
$24M
’25
6.6
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.

Board chair

Paul Sagan

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed212224222424262626
Joined·+3+2+0+5+3+3+2+2
No longer listed·20233122
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 125 funders to 286 funders, grant income rose $15M → $36M.

77 of 677 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 27% 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 PRO PUBLICA INC’s funders (the co-funder graph). Top 30 of 677 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

PRO PUBLICA INC has a broad base — no single funder exceeds 13% of grant income, and it takes 7 funders to reach half.

the vertical line marks half of all grant income — 7 funders to its left

39% 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 PRO PUBLICA INC.

13%
largest funder
34%
top three
~19
effective funders

Largest funder’s share by year: 2017 21% · 2018 14% · 2019 17% · 2020 13% · 2021 36% · 2022 15% · 2023 18% — diversifying over time.

“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

52% of PRO PUBLICA INC's funders are still giving 3 years after their first grant; 61% 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

PRO PUBLICA INC draws 85% of its grant income from funders outside New York, across 44 states in all.

AK
ME
NH
WA
ID
MT
MN
IL
WI
MI
NY
MA
OR
NV
WY
SD
IN
OH
PA
NJ
CT
RI
CA
UT
CO
NE
MO
KY
VA
MD
DE
AZ
NM
KS
AR
TN
NC
SC
DC
OK
AL
GA
TX
FL

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

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

Funder states come from each funder’s own filing. $70M arriving through sponsors registered in 30 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

PRO PUBLICA INC runs a healthier operating margin than three-quarters of the 570 arts & culture nonprofits its size.

Operating margin31% · top quartile
Months of reserve6.6mo · above the median
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 570 arts & culture nonprofits $10M–$100M, FY2025

Organizations like PRO PUBLICA INC

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 New York

Nationally

05Profile & governance

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

Where the money goes

80% of spending goes to programs.

Program 80%Management 13%Fundraising 8%

Governance

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

Public support

89%

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

Footprint & structure

Files a return copy in 29 states

NH
ND
MN
IL
WI
MI
NY
MA
OR
PA
NJ
RI
CA
UT
KY
WV
VA
MD
NM
KS
AR
TN
NC
SC
HI
MS
AL
GA
FL

Screen this organization

A dated, signed PDF of the compliance screen for PRO PUBLICA INC: 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 PRO PUBLICA INC?
PRO PUBLICA INC (New York) receives grants from 677 organizations whose IRS filings report $255,583,455 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($33,932,725). 414 of them have funded it in more than one year.
How many funders does PRO PUBLICA INC have?
IRS filings report 677 organizations giving $255,583,455 in grants to PRO PUBLICA INC, 414 of which have funded it in more than one year.
Who is the largest funder of PRO PUBLICA INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $33,932,725 in grants. The full list of funders is on this page.
How can an organization like PRO PUBLICA INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 677 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