Democracy 21 Education Fund

Analysis

Democracy 21 Education Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1996, 30 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 December 2023, Democracy 21 Education Fund reported income of $1.3m and spending of $1.6m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $475k to $1.3m (+165%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 105%. 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, Democracy 21 Education Fund sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 59th percentile within DC. Charities of a similar size with the same main cause include Woodside Oaks Inc ($1.3m), New York State Elks Association Major Projects Inc ($1.3m) and Koinonia Foundation Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $111k (6.8% of expenses). Other salaries and wages came to $60k. At year end it held assets of $764k against liabilities of $0, net assets of $764k. It reported 2 employees.