Democracy a Journal of Ideas Inc

Analysis

Democracy a Journal of Ideas Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Democracy a Journal of Ideas Inc reported income of $835k and spending of $589k, leaving 29% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $578k to $835k (+44%), an average of +7.6% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Democracy a Journal of Ideas Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 52nd percentile within DC. Charities of a similar size with the same main cause include Read to Succeed Buffalo Inc ($834k), Rural Schools Collaborative Inc ($835k) and Stuyvesant High School Parents Association Inc ($834k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $182k (31% of expenses). At year end it held assets of $890k against liabilities of $0, net assets of $890k. It reported 3 employees.