Verified Voting Foundation

Analysis

Verified Voting Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2005, 21 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Verified Voting Foundation reported income of $3.5m and spending of $2.0m, leaving 41% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $1.2m to $3.5m (+191%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 143%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Verified Voting Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Montessori Academy of Arlington Inc ($3.5m), Stoddert Soccer League Inc ($3.5m) and Shalom School ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $155k (7.6% of expenses). Other salaries and wages came to $984k. At year end it held assets of $2.8m against liabilities of $52k, net assets of $2.7m. It reported 14 employees.