Pro Publica Inc
80% goes to programs $6 to raise $100 Strong reserves Growing revenue
Pro Publica Inc is a 501(c)(3) organization based in New York, New York, registered in 2008, with $64,268,632 in FY2024 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
155 Ave America 13 Fl, New York, NY, 10013 EIN 14-2007220 Since 2008
Revenue (FY2024)
$64.3M
▲ 10.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$45.7M
Net assets
$98.1M
Employees
230
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating80% to programs · $6 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Pro Publica Inc: 80% to programs · $6 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating26 mo reserves · +29% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Pro Publica Inc: 26 mo reserves · +29% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Pro Publica Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Pro Publica Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To expose abuses of power and betrayals of the public trust. [see continuation on schedule o] by government, business, and other institutions, using the moral force of investigative journalism to spur reform through the sustained spotlighting of wrongdoing.
Contact & location
- Address
- 155 Ave America 13 Fl, New York, NY, 10013
- City
- New York
- State
- New York
- Category
- Arts, Culture & Humanities
- Subcategory
- Arts & Cultural Organizations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $10.3M (FY2014) to $64.3M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $10.0MNet assets $98.1M
Operating margin
28.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$108.1M
Total liabilities
$10.0M
Net assets
$98.1M
Salaries & benefits
$35.9M
79% of expenses
Board members
15
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $64,268,632▲10.9% | $45,741,720▲3.8% | $98,057,409▲30.0% | $108,058,174▲26.4% | 990 |
| 2023 | $57,970,562▲30.2% | $44,080,009▲9.3% | $75,433,366▲30.7% | $85,514,123▲35.0% | 990 |
| 2022 | $44,530,761▲23.7% | $40,322,509▲18.1% | $57,714,478▼3.7% | $63,355,096▲4.2% | 990 |
| 2021 | $36,005,300▼4.0% | $34,153,121▲13.1% | $59,927,099▲3.7% | $60,782,681▲3.6% | 990 |
| 2020 | $37,513,092▼4.4% | $30,208,192▲5.5% | $57,782,833▲14.4% | $58,666,359▲14.5% | 990 |
| 2019 | $39,246,884▲47.1% | $28,630,586▲18.8% | $50,504,320▲26.6% | $51,252,809▲25.0% | 990 |
| 2018 | $26,685,933▼38.8% | $24,104,461▲31.8% | $39,894,845▲6.9% | $40,988,939▲7.7% | 990 |
| 2017 | $43,574,038▲200% | $18,290,801▲32.9% | $37,324,780▲210% | $38,070,942▲206% | 990 |
| 2016 | $14,545,521▼14.7% | $13,766,881▲10.5% | $12,045,267▲6.9% | $12,429,526▲7.6% | 990 |
| 2015 | $17,046,930▲65.1% | $12,461,149▲8.5% | $11,266,627▲68.6% | $11,552,064▲68.3% | 990 |
| 2014 | $10,324,275 | $11,486,452 | $6,680,846 | $6,865,118 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Stephen Engelberg — $459,331 (1.00% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Stephen Engelberg | Co-ceo & Editor-in-chief | 40 | $459,331 |
| Robin Sparkman President | Co-ceo & Treasurer | 40 | $440,773 |
| Ragan Rhyne | Svp, Development & Secretary | 40 | $352,336 |
| Charles Ornstein | Managing Editor, Local | 40 | $312,496 |
| Tracy Weber | Managing Editor | 40 | $307,183 |
| Ginger Thompson | Chief of Correspondents | 40 | $277,543 |
| Stephanie Little Chief | Financial & Administrative Officer | 40 | $276,128 |
| Jesse Eisinger | Senior Editor & Reporter | 40 | $271,857 |
| Jeremy Kutner | General Counsel | 40 | $267,255 |
| Tyson Evans | Chief Product and Brand Officer | 40 | $237,998 |
| Alexandra Zayas | Deputy Managing Editor | 40 | $235,805 |
| Angela Filo | Director | 1 | — |
| Anu Khosla | Director | 1 | — |
| Carrie Lozano | Director | 1 | — |
| Charles F Whitaker | Director | 1 | — |
| Claire Bernard | Director | 1 | — |
| Claire Hoffman | Director | 1 | — |
| Henry Louis Gates Jr | Director | 1 | — |
| James M Stone | Director | 1 | — |
| Jonathan Klein | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Community Counselling Service Co LLC | Fundraising Consulting | $255,000 |
| Amazon Web Services | Website Hosting Services | $211,911 |
| Velocity Global LLC | Reporting Services | $209,385 |
| Coda Analytics | Data Consulting | $188,672 |
| Kauff Mcguire & Margolis LLP | Legal Consulting | $157,635 |
Grants received · $121.7M total
315 grants to Pro Publica Inc totaling $121.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Pew Charitable Trusts | Daf grant | 2024 | $3,061,593 |
| American Online Giving Foundation Inc | General support | 2024 | $725,251 |
| Resources Legacy Fund | Land or marine conservation, climate change, and/or environmental equity and justice | 2024 | $350,000 |
| Silicon Valley Community Foundation | Arts & culture | 2024 | $283,200 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $243,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $166,500 |
| American Endowment Foundation | Arts, culture | 2024 | $135,200 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $90,090 |
| Impactassets Inc | General support | 2024 | $86,750 |
| Greater Washington Community Foundation | General support | 2024 | $78,450 |
| Impactassets Inc | General support | 2024 | $61,750 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $51,140 |
| The Seattle Foundation | To provide general support | 2024 | $45,000 |
| The Bessemer Giving Fund | Unrestricted gift | 2024 | $40,000 |
| Maine Community Foundation Inc | Printing & publishing | 2024 | $38,000 |
Grants made · $1.2M in FY2024
24 grants totaling $1.2M in FY2024 — showing the 15 largest. All grants made by Pro Publica Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Oregon Public Broadcasting | Participation in local reporting network distinguished fellows program | $107,508 |
| Deep South Today | Participation in local reporting network initiative | $105,200 |
| Honolulu Civil Beat Inc | Participation in local reporting network initiative | $99,200 |
| Illinois Press Foundation Inc | Participation in local reporting network initiative | $99,200 |
| Wcij Inc | Participation in local reporting network initiative | $80,600 |
| Anchorage Daily News | Participation in local reporting network distinguished fellows program | $77,047 |
| The Seattle Times Co | Participation in local reporting network distinguished fellows program | $64,749 |
| States Newsroom | Participation in local reporting network initiative | $61,693 |
| Regents of the University of Michigan | Participation in local reporting network initiative | $57,529 |
| Bangor Publishing Company DBA Bangor Daily News | Participation in local reporting network initiative | $46,500 |
| Bethel Broadcasting Inc | Participation in local reporting network initiative | $46,500 |
| Connecticut News Project Inc | Participation in local reporting network initiative | $46,500 |
| New York Focus News | Participation in local reporting network initiative | $46,500 |
| Nashville Public Radio | Participation in local reporting network initiative | $35,875 |
| Salt Lake Tribune Inc | Participation in local reporting network initiative | $33,250 |
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Compare Pro Publica Inc
Frequently asked questions
- Is Pro Publica Inc a legitimate nonprofit?
- Yes. Pro Publica Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 14-2007220, based in New York, New York. Donations are tax-deductible.
- What is Pro Publica Inc's EIN?
- Pro Publica Inc's Employer Identification Number (EIN) is 14-2007220.
- How much revenue does Pro Publica Inc report?
- Pro Publica Inc reported $64,268,632 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Pro Publica Inc's spending goes to programs?
- Pro Publica Inc spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Pro Publica Inc have?
- CharityIndex grades Pro Publica Inc A, based on program efficiency and fundraising cost.
- How much does Pro Publica Inc's highest-paid employee make?
- The highest reported compensation on Pro Publica Inc's latest Form 990 is $459,331, paid to Stephen Engelberg (Co-ceo & Editor-in-chief).
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Data for Pro Publica Inc (EIN 14-2007220) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.