The MediaChannel, a nonprofit watchdog organization founded seven years ago, is in danger of going under by the end of June.

The organization was begun in 2000 by two former Boston journalists, Danny Schechter and Rory O’Connor. Schechter recently released a new documentary, “In Debt We Trust.” O’Connor is a founder of NewsTrust, a social network that rates news stories and organizations.

Here’s an excerpt from MediaChannel’s fundraising appeal:

“It is sad to have to shut down an important service in the public interest because our not-for-profit site can’t attract sufficient resources to support a very small staff or to pay necessary bills including rent, server fees and utilities,” said Danny Schechter, co-founder of the international web platform that launched February 1, 2000. “The ultimate irony is that MediaChannel has never been better — its traffic is up and its impact strong, as is the quality of its timely and diverse offerings, which include original reports, blogs, videos, features and media news from across the world.”

MediaChannel may not get as much attention as Media Matters for America, which also analyzes the media from a left-of-center point of view, but with a more partisan political edge. But it does good work, and it would be a shame if it disappeared.

Also banging the tin cup: Christopher Lydon’s excellent public radio program, “Open Source,” which lost its funding from UMass Lowell last year. Clea Simon has the update in Wednesday’s Globe.