National Endowment for Democracy

Analysis

National Endowment for Democracy is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1985, 41 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 September 2023, National Endowment for Democracy reported income of $363.0m and spending of $363.2m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $197.4m to $363.0m (+84%), an average of +16% a year. The sharpest change came in the year to September 2021, when income rose by 175%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Endowment for Democracy sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within DC. Charities of a similar size with the same main cause include American Kidney Fund Inc ($352.9m), Providence Facey Medical Foundation ($365.0m) and Swedish Covenant Health ($352.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $809k (0.2% of expenses). Other salaries and wages came to $28.4m. At year end it held assets of $126.1m against liabilities of $120.1m, net assets of $6.0m. It reported 341 employees.