Democracy Earth Foundation

Analysis

Democracy Earth Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2015, 11 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 2020, Democracy Earth Foundation reported income of $323k and spending of $86k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income grew from $219k to $323k (+48%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Democracy Earth Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Salado Independent School District Education Foundation Incorporated ($323k), Philadelphia Learning Collaborative ($324k) and Incline Boosters Club ($323k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (63% of expenses). Other salaries and wages came to $8,946. At year end it held assets of $4,910 against liabilities of $62k, net assets of -$57k. It reported 2 employees.