State Democracy Project

Analysis

State Democracy Project is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1997, 29 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, State Democracy Project reported income of $19.7m and spending of $17.0m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $359k to $19.7m (+5386%), an average of +172% a year. The sharpest change came in the year to December 2023, when income rose by 921%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, State Democracy Project sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Visiting Nurse Services of Newport and Bristol Counties ($19.7m), Mercy Health Network Inc ($19.7m) and PSC Community Services Inc ($19.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $100k (0.6% of expenses). At year end it held assets of $3.1m against liabilities of $158k, net assets of $3.0m.